5540 Bowden Loop, Colorado Springs, CO 80915

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5540 Bowden Loop,Colorado Springs, CO 80915
$600,000
  • - Beds
  • - Baths
  • 3,536 sq. ft.
  • Multi-family
  • Active
Listed by: drew madayag
Office: kaufman hagan
MLS#:2805054
Source:ML

Price summary

  • Price:$600,000
  • Price per sq. ft.:$169.68

About this home

5540 Bowden Loop presents a compelling small-balance multifamily investment opportunity on Colorado Springs’ high-demand east side. This solid 4-unit community delivers four oversized 2-bedroom/1-bath apartments in a quiet, secluded pocket just off Powers Blvd, combining stable in-place cash flow, immediate value-add upside, and one of the most favorable expense structures available at this price point. Situated just off Powers Blvd, Colorado Springs’ primary commercial corridor, the property benefits from exceptional connectivity to major retail, dining, and employment across the east side. Residents enjoy quick access to Peterson Space Force Base and Schriever AFB, two of the region’s largest employers and a consistent driver of renter demand in the submarket. Nearby Palmer Park, Austin Bluffs Open Space, and the Powers retail corridor provide the lifestyle amenities that attract and retain quality tenants. Each of the four units offers a spacious 2-bedroom, 1-bath layout,...

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Home facts

  • Year built:1983
  • Listing ID #:2805054

Rooms and interior

  • Flooring:Tile
  • Living area:3,536 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1983
  • Building area:3,536 sq. ft.
  • Lot area:0.14 Acres
  • Construction Materials:Frame
  • Levels:2 Story

Schools

  • High school:Mitchell
  • Middle school:Swigert
  • Elementary school:Henry

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$169.68
  • Tax amount:$2,437 (2024)

Parking

  • Total parking spaces:6
  • Parking description:Asphalt
MLS LogoBased on information submitted to the MLS GRID as of May 23, 2026 02:21 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.