Property
ActiveResidential
1/27
$2,650,000

715 N Nevada Avenue

Colorado Springs, CO 80903
0
Beds
0
Baths
7,535
SqFt
0
Acres
RECOLORADO
#3587403
Updated: May 23, 2026, 3:04pm

Property Description

715 N Nevada Ave. offers qualified investors the opportunity to acquire 16 multifamily units in the heart of Colorado Springs. Located just steps from Colorado College on one side and the booming downtown area of Colorado Springs to other, 715 N Nevada offers a true A+ location. The building at 715 N Nevada offers 14 1 Bd / 1 Ba units, an additional 1 Bd / 1.5 Ba unit and 2 Bd / 1 Ba unit. The property features Victorian charm with hardwood floors in most units, onsite laundry and off street parking. Most units have been updated as they have turned and rent easily when available. Priced at $2,650,000, 715 N Nevada offers units at just over $165,000/door. Investors interested and capable of assuming the existing loan of roughly $1,000,000 can further reduce the purchase price by roughly $90,000. Ask listing team for details.

Property Details

Interior
Building Area Total
7535
Construction
Also Marketed As
Commercial Sale
Number Of Units Total
16
Year Built
1899
Year Built Effective
1899
Site & Exterior
Current Use
Multi-Family
Offstreet Spaces
8
Parking Total
8
Sewer
Public Sewer
Water Included
Yes
Zoning
C5
Financials
Parcel Number
64074-08-011
Tax Annual Amount
4466
Tax Legal Description
N 50 FT OF LOT 2 BLK 13 ADD 1 COLO SPGS
Tax Year
2022
Title Company
Homestead Title

Neighborhood & Lifestyle

WalkScore™
Walk Score
Very Walkable
89
Transit Score
Some Transit
49
Bike Score
Biker's Paradise
98
Listing provided courtesy of RECOLORADO via IDX. Updated: May 23, 2026, 3:04pm.
Joe Hornstein

Listing Agent

NorthPeak Commercial Advisors, LLC

Call Agent