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Sold for $620,000 on 07/11/25
  • $620,000

    1845 Zebulon Drive, Colorado Springs, CO 80910

    8beds
    4baths
    3,404sqft
    Quadruplex
    Built in 1984
    -- sqft lot
    $619,800 Zestimate®
    $182/sqft
    $1,630 Estimated rent

    What's special

    1845 Zebulon Drive is a well-maintained quadplex located in the Southeast area of Colorado Springs. Built in 1984, this multi-family property sits on approximately 0.3 acres and offers a strong value-add opportunity for investors. Each of the four units is roughly 800 square feet and includes two bedrooms and one bathroom. The interiors feature hardwood flooring, walk-in closets, and functional kitchens equipped with a dishwasher, refrigerator, and disposal. Additional comforts include forced air heating, central air conditioning, and aesthetic fireplaces in the living areas. The building’s exterior is professionally xeriscaped, promoting low-maintenance landscaping and water conservation. A shared coin-operated laundry area is conveniently located just outside the units, and off-street parking is available for tenants. The owner currently covers water, sewer, and trash services, helping reduce tenant turnover and contributing to operational efficiency. Located close to major military installations like Fort Carson and Peterson Air Force Base, the property is ideally situated to attract military tenants. It's also near local schools and has easy access to public transportation and major roadways. With thoughtful upgrades and professional management, 1845 Zebulon Drive presents a compelling investment opportunity in a growing submarket of Colorado Springs.

    Zillow last checked: 7 hours ago

    Listing updated: July 14, 2025 at 12:00pm

    Listed by:

    Andrew Stephens 303-328-2034 andrew.stephens@marcusmillichap.com,

    Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

    Bought with:

    PPAR Agent Non-REcolorado

    NON MLS PARTICIPANT

    Source: REcolorado,MLS#: 8460637MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Air Conditioning-Room
    Features
    • Has basement: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,404
    • Total interior livable area: 3,404 sqft
    • Finished area above ground: 3,404

    Property

    Parking
    • Total spaces: 8
    • Details: Off Street Spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 6427111061
    • Zoning: R5 AO
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Wood Siding
    • Roof: Other
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Colorado Springs
    • Subdivision: Zebulon Sub

    Other

    Other facts
    • Listing terms: 1031 Exchange
    • Ownership: Individual
    Services availability
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    Estimated market value

    $619,800