Well-Maintained 4-Unit Investment Property with Strong Rental History This fully leased 4-unit complex offers a solid investment opportunity with stable, long-term tenants—no vacancies over the past three years. Each lease has been recently renewed, ensuring continued cash flow. Three of the four units have been thoughtfully renovated and feature updated appliances for modern living. Additional amenities include two dedicated storage units per apartment, providing valuable extra space. All utilities are billed back to tenants, maximizing net operating income. There is also a Common Storage are and Coin operated Laundry area. Ideally located near the Amazon Distribution Center and Fort Carson, the property offers convenient access to major employment hubs—making it highly attractive to renters.
Sold for $650,000 on 09/17/25
$650,000
3681 Michigan Ave, Colorado Springs, CO 80910
7beds
4baths
3,111sqft
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$209/sqft
$1,764 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 18, 2025 at 03:13am
Listed by:
Bryan Decker 719-339-3210,
Exp Realty LLC
Bought with:
Tina Brinkmann
REMAX PROPERTIES
Source: Pikes Peak MLS,MLS#: 9217803

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: None
Interior area
- Total structure area: 3,111
- Total interior livable area: 3,111 sqft
Property
Parking
- Total spaces: 6
Lot
- Size: 7,801 sqft
Details
- Parcel number: 6415412028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Framed on Lot
Condition
- Existing
- New construction: No
- Year built: 1969
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional