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1820 Monterey Rd, Colorado Springs, CO 80910

Colorado Springs
Local realty services provided by:CENTURY 21 CapRock Real Estate
1820 Monterey Rd,Colorado Springs, CO 80910
$625,000
  • 8 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: nic polaski
Office: cushman & wakefield
MLS#:8164546
Source:IRES

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Price summary

  • Price:$625,000

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
  • Added:61 day(s) ago
  • Updated:April 06, 2026 at 06:34 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Fiberglass
  • Year built:1984
  • Lot Features:Corner Lot, Cul-De-Sac
  • Construction Materials:Frame, Stucco
  • Levels:2 Story

Schools

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

Utilities

  • Water:City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Tax amount:$2,158

Parking

  • Garage spaces:8
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