Property
ActiveCommercial
1/31
$920,000

624 Prairie Road

Colorado Springs, CO 80909
0
Beds
0
Baths
4,708
SqFt
0
Acres
RECOLORADO
#7536806
Updated: May 14, 2026, 4:30pm

Property Description

Offered for sale is a well-located multifamily asset at 624 Prairie Rd in the heart of Colorado Springs, CO. This property consists of two buildings totaling approximately 4,708 square feet of rentable space, situated on an 11,250 square foot lot. Built in 1952, the buildings feature stucco exterior construction with pitched composition shingle roofs and a two-story configuration. The unit mix includes a total of eight units, comprised of six one-bedroom, one-bath units and two two bedroom, one-bath units. The property also includes one garage parking space.

624 Prairie Rd is situated just a few blocks from the U.S. Olympic Training Center and Boulder Park, offering tenants access to outdoor recreation, green space, and one of the city’s most prominent athletic landmarks. This proximity enhances both tenant desirability and long-term investment appeal. With solid in-place fundamentals and room for operational upside, this asset presents a compelling opportunity for investors seeking stable returns and value-add potential in a strong rental submarket of Colorado Springs.

Property Details

Interior
Building Area Total
4708
Construction
Also Marketed As
Commercial Sale
Construction Materials
BrickFrame
Number Of Units Total
8
Roof
Composition
Structure Type
Free Standing
Year Built
1952
Year Built Effective
1952
Site & Exterior
Current Use
Multi-Family
Road Frontage Type
Public
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
R-2
Financials
Exclusions
Tenant's personal property.
Owner Pays
ElectricityWater
Parcel Number
64093-26-001
Tax Annual Amount
4366
Tax Legal Description
LOTS 30 TO 32 INC BLK 24 KNOB HILL ADD COLO SPGS
Tax Year
2024

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: May 14, 2026, 4:30pm.
Will McCauley

Listing Agent

Unique Properties LLC

Call Agent