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$725,000
1065 Magnolia St, Colorado Springs, CO, 80907
8
Beds
4
Baths
3,348
Square Feet
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.
Offered By
Nic Polaski, Cushman & Wakefield
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Square Feet
3,348
MLS #
7340352
Heating
Baseboard
Utility Features
Master Meter-Gas, Separate Meter Electricity
SEWER
Public Sewer
WATER SOURCE
City
Year Built
1971
Roof
Rubber
EXTERIOR FEATURES
Balcony
PARKING SPACES
6
Parking Features
Off Street
Garage spaces
6
CITY
Colorado Springs
SUBDIVISION
Cragmoor
COUNTY
El Paso
AREA
Out of Area
STATE
CO
COMMUNITY FEATURES
Community Laundry
TAX AMOUNT
2315.0
LATEST UPDATE
2026-04-29T02:28:42.834Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$725,000 Apr 28, 2026
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Square Feet
3,348
MLS #
7340352
New Properties On Market
10
Average Asking Price
$723,880
$175,390 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$236
$22 Increase In List Price/Sq. Ft.
Average Days On Market
10
12 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
