Cushman & Wakefield is pleased to present 4319 Lashelle, a rare opportunity to acquire a fourplex in the heart of Colorado Springs’ rapidly appreciating Southside. Nestled just minutes from Fort Carson, major retail corridors, and national grocery chains, this well-positioned property offers both immediate income and long-term upside. This asset benefits from recent capital improvements, including fresh exterior paint and low-maintenance xeriscaping, enhancing curb appeal while reducing ongoing expenses. Each unit is separately metered for electric, and ownership has maintained solid occupancy with long-term tenants. Investors have a clear path to increase value by raising rents to market levels, implementing RUBS for utility reimbursement, and adding coin operated laundry machines to maximize income streams. Off-street parking adds tenant convenience and increases property desirability.
For sale
Price cut: $10K (7/22)
$629,000
4319 Lashelle Avenue, Colorado Springs, CO 80906
8beds
4baths
2,928sqft
Est.:
Quadruplex
Built in 1969
-- sqft lot
$-- Zestimate®
$215/sqft
$-- HOA
What's special
Low-maintenance xeriscapingFresh exterior paint
- 92 days
- on Zillow |
- 155 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 09:54pm
Listed by:
Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,
Cushman & Wakefield
Source: REcolorado,MLS#: 3227506

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Air Conditioning-Room
Appliances
- Included: Dishwasher, Freezer, Microwave, Oven, Refrigerator
Features
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,928
- Total interior livable area: 2,928 sqft
- Finished area above ground: 2,928
Property
Parking
- Total spaces: 4
- Details: Off Street Spaces: 4
Features
- Levels: Two
- Stories: 2
- Fencing: Full
Lot
- Size: 6,600 Square Feet
Details
- Parcel number: 6505410010
- Zoning: RM-30
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
Condition
- Updated/Remodeled
- Year built: 1969
Community & HOA
Community
- Subdivision: 80906
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $422,612
- Annual tax amount: $1,959
- Date on market: 5/8/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Individual
- Loading
- Loading