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Active Residential

1065 Magnolia Street

Colorado Springs, CO 80907

RECOLORADO #7340352 Updated: Apr 29, 2026, 12:00am
$725,000
8 Beds • 4 Baths • 3,348 SqFt
Property
ActiveResidential
1/44
$725,000

1065 Magnolia Street

Colorado Springs, CO 80907
8
Beds
4
Baths
3,348
SqFt
0.2
Acres
RECOLORADO
#7340352
Updated: Apr 29, 2026, 12:00am

Property Description

Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.

Property Details

Interior
Above Grade Finished Area
3348
Building Area Total
3348
Cooling
None
Heating
Baseboard
Laundry Features
Common Area
Living Area
3348
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Common Walls
2+ Common Walls
Construction Materials
StuccoWood Siding
Entry Location
Exterior Access
Levels
Two
Property Condition
Updated/Remodeled
Roof
Membrane
Structure Type
Quadruplex
Year Built
1971
Site & Exterior
Exterior Features
Balcony
Fencing
None
Lot Size Acres
0.2
Lot Size Area
8929
Lot Size Square Feet
8929
Lot Size Units
Square Feet
Offstreet Spaces
6
Parking Features
Asphalt
Parking Total
6
Patio And Porch Features
Deck
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
Utility Billing To Tenants
Direct Billing from UtilitySeparate Bill from Owner
Utility Metering
Common GasCommon WaterSeparate ElectricShared Boiler
Water Source
Public
Zoning
R-4
Financials
Contract Earnest Check To
Unified Title
Contract Min Earnest
7000.00
Exclusions
Seller(s) personal property
Home Warranty
No
Lease Expiration
2026-12-31
Ownership
Individual
Parcel Number
63293-13-031
Special Listing Conditions
None
Tax Annual Amount
2315
Tax Legal Description
LOT 10, SELY 1/2 OF LOT 9 BLK 9 CRESTMOOR PARK
Tax Year
2026
Title Company
Unified Title

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
Cragmoor
Schools
Ratings
Elementary
Edison
Middle
Mann
High
Coronado
Elem. District
Colorado Springs 11
Middle District
Colorado Springs 11
High District
Colorado Springs 11
Listing provided courtesy of RECOLORADO via IDX. Updated: Apr 29, 2026, 12:00am.
Nic Polaski

Listing Agent

Cushman & Wakefield

Call Agent
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