2112 Friendship Place, Colorado Springs, CO 80904
Local realty services provided by:ERA New Age
2112 Friendship Place,Colorado Springs, CO 80904
$650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael hills
Office: atlas real estate group llc.
MLS#:4024364
Source:CO_PPAR
Price summary
- Price:$650,000
About this home
Four Updated Units • 6% Cap Rate • Fourplex Investment • Spacious 2 Bed/1 Bath Units • Private Exterior Entrances • Near Garden of the Gods • Near Old Colorado City
Turnkey four plex investment opportunity in the desirable west side Colorado Springs market. Fully occupied, this stabilized asset offers immediate cash flow with a reported 6% cap rate. Each of the four spacious homes feature 2 bedrooms and 1 full bath, private exterior entrances, and private patio space. Updated interiors include remodeled kitchens, updated flooring, fresh paint, and modern finishes, creating strong resident appeal. The property offers approximately 2,912 square feet and benefits from consistent rental demand driven by its proximity to Garden of the Gods, Old Colorado City, Manitou Springs, Red Rock Canyon Open Space, shopping, dining, and major commuter routes. Opportunity to acquire a well-maintained, income-producing multifamily property with updated units, private entrances, and proven occupancy in a high-demand rental corridor. Live in one unit and rent out the others, or buy as a turnkey investment. Rare opportunity.
Nearby Amenities
Garden of the Gods
Old Colorado City Historic District
Manitou Springs
Red Rock Canyon Open Space
US-24 and I-25 access
Shopping, dining, breweries, and services along West Colorado Avenue...
Contact an agent
Home facts
- Year built:1973
- Listing ID #:4024364
- Added:52 day(s) ago
- Updated:August 16, 2026 at 03:05 PM
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1973
- Lot area:0.19 Acres
Utilities
- Water:Assoc/Distr
- Sewer:Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$2,413 (2025)
Features and amenities
- Laundry features:Coin
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