340 Gahart Drive, Colorado Springs, CO 80916
Local realty services provided by:ERA Shields Real Estate
340 Gahart Drive,Colorado Springs, CO 80916
$649,000
- 10 Beds
- 4 Baths
- 3,672 sq. ft.
- Multi-family
- Active
Listed by: lee wagner
Office: cushman & wakefield
MLS#:9848883
Source:ML
Price summary
- Price:$649,000
- Price per sq. ft.:$176.74
About this home
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...
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Home facts
- Year built:1972
- Subdivision & Development:Eastborough
- Listing ID #:9848883
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Living area:3,672 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1972
- Building area:3,672 sq. ft.
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Mitchell
- Middle school:Swigert
- Elementary school:Roosevelt-Edison Charter School
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$176.74
- Tax amount:$2,307 (2025)
Parking
- Total parking spaces:8
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