1820 Monterey Road, Colorado Springs, CO 80910

Local realty services provided by:ERA Shields Real Estate
1820 Monterey Road,Colorado Springs, CO 80910
$635,000
  • 8 Beds
  • 8 Baths
  • 4,006 sq. ft.
  • Multi-family
  • Active
Listed by: nic polaskiNic.Polaski@cushwake.com,719-238-9074
Office: cushman & wakefield
MLS#:8164546
Source:ML

Price summary

  • Price:$635,000
  • Price per sq. ft.:$158.51

About this home

Cushman & Wakefield is pleased to present 1820 Monterey Rd, a well-located multifamily investment opportunity in Southeast Colorado Springs. The property sits within an established residential neighborhood with convenient access to major thoroughfares like S Academy and I-25. 1820 Monterey Rd is located nearby employment such as Amazon Distribution & Innovation Park, and convenient access to retail & groceries, making it attractive to long-term renters. The asset is comprised of townhome-style units featuring both front and rear entrances, offering added privacy and functionality. Each unit includes a desirable 2-bedroom, 1.5-bath layout, and gas and electric utilities are individually metered, allowing ownership to minimize operating expenses and efficiently manage utility costs. The property has maintained solid occupancy and presents a clear value-add opportunity through rent growth to market levels and value add implementation. Additional features such as off-street parking and

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Home facts

  • Year built:1984
  • Listing ID #:8164546

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:4,006 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1984
  • Building area:4,006 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:Harrison
  • Middle school:Panorama
  • Elementary school:Monterey

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$635,000
  • Price per sq. ft.:$158.51
  • Tax amount:$2,158 (2025)
MLS LogoBased on information submitted to the MLS GRID as of February 3, 2026 10:37 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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