1025 Magnolia, Colorado Springs, CO 80907

Colorado Springs
Local realty services provided by:ERA Shields Real Estate
1025 Magnolia,Colorado Springs, CO 80907
$695,000
Virtual Tour
  • 8 Beds
  • 4 Baths
  • 3,282 sq. ft.
  • Multi-family
  • Active
Listed by: nathan crumb
Office: keller williams dtc
MLS#:6746365
Source:ML

Price summary

  • Price:$695,000
  • Price per sq. ft.:$211.76

About this home

Welcome to a turnkey income property at 1025 Magnolia Street, a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person. The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents. Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a...

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Home facts

  • Year built:1971
  • Subdivision & Development:Crestmoor Park
  • Listing ID #:6746365

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Dishwasher, Disposal, Eat-in Kitchen, Microwave, Range, Refrigerator
  • Living area:3,282 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water

Structure and exterior

  • Roof:Composition
  • Year built:1971
  • Building area:3,282 sq. ft.
  • Architectural Style:Contemporary
  • Construction Materials:Frame, Vinyl Siding, Wood Siding
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Coronado
  • Middle school:Mann
  • Elementary school:Edison

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$211.76
  • Tax amount:$2,302

Features and amenities

  • Laundry features:Dryer, In Unit, Washer
MLS LogoBased on information submitted to the MLS GRID as of October 27, 2026 06:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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