Property
ActiveResidential
1/50
$649,000

340 Gahart Drive

Colorado Springs, CO 80916
10
Beds
4
Baths
3,672
SqFt
0
Acres
RECOLORADO
#9848883
Updated: Jul 17, 2026, 7:00pm

Property Description

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA.

Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.

Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets.

Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

Property Details

Interior
Above Grade Finished Area
3672
Building Area Total
3672
Cooling
None
Heating
Natural Gas
Living Area
3672
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Common Walls
Something AboveSomething Below
Construction Materials
Frame
Levels
Two
Roof
Composition
Structure Type
Quadruplex
Year Built
1972
Site & Exterior
Offstreet Spaces
8
Parking Total
8
Sewer
Public Sewer
Zoning
R-5 AO
Financials
Contract Earnest Check To
Land Title
Contract Min Earnest
6000.00
Exclusions
All personal property owned by Tenant(s)
Lease Expiration
2026-12-31
Ownership
Individual
Parcel Number
64144-14-008
Special Listing Conditions
None
Tax Annual Amount
2307
Tax Legal Description
LOT 4 BLK 1 GAHART SUB NO 3 FIL NO 3
Tax Year
2025
Title Company
Land Title

Neighborhood & Lifestyle

Community & Association
School Of Choice
Yes
Senior Community
No
Subdivision Name
Eastborough
Schools
Ratings
Elementary
Roosevelt-Edison Charter School
Middle
Swigert
High
Mitchell
Elem. District
Colorado Springs 11
Middle District
Colorado Springs 11
High District
Colorado Springs 11
WalkScore™
Walk Score
Somewhat Walkable
58
Transit Score
Some Transit
33
Bike Score
Bikeable
55
Listing provided courtesy of RECOLORADO via IDX. Updated: Jul 17, 2026, 7:00pm.
Lee Wagner

Listing Agent

Cushman & Wakefield

Call Agent