2107 Preuss Road, Colorado Springs, CO 80910
Local realty services provided by:CENTURY 21 Signature Realty
2107 Preuss Road,Colorado Springs, CO 80910
$675,000
- 10 Beds
- 4 Baths
- 3,573 sq. ft.
- Multi-family
- Active
Listed by: david gifford
Office: good neighbor llc.
MLS#:5981324
Source:ML
Price summary
- Price:$675,000
- Price per sq. ft.:$188.92
About this home
2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come!
An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility.
With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential.
Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake!
Contat agent for showings....
Contact an agent
Home facts
- Year built:1969
- Subdivision & Development:colorado spring
- Listing ID #:5981324
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Living area:3,573 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:3,573 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Stucco
- Levels:2 Story
Schools
- High school:Palmer
- Middle school:Galileo
- Elementary school:Hunt
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$188.92
- Tax amount:$2,187 (2025)
Parking
- Total parking spaces:4
New listings near 2107 Preuss Road
- Coming Soon
$415,000Coming Soon2 beds 1 baths1,172 sq. ft.640 E Willamette Avenue, Colorado Springs, CO 80903
MLS# 3664642Listed by: LPT REALTY - Coming Soon
$499,900Coming Soon3 beds 3 baths2,756 sq. ft.6921 New Meadow Drive, Colorado Springs, CO 80923
MLS# 2195337Listed by: LIV SOTHEBY'S INTERNATIONAL REALTY - Coming Soon
$549,900Coming Soon4 beds 3 baths2,380 sq. ft.3960 Vondelpark Place, Colorado Springs, CO 80907
MLS# 8260695Listed by: BETTER HOMES & GARDENS REAL ESTATE - KENNEY & CO. - New
$499,900Active5 beds 4 baths3,124 sq. ft.7589 Chenoa Ct, Colorado Springs, CO 80915
MLS# 7935196Listed by: eXp Realty, LLC - New
$409,000Active4 beds 3 baths2,954 sq. ft.6356 Bearcat Loop, Colorado Springs, CO 80925
MLS# 2397110Listed by: REAL BROKER, LLC DBA REAL - Open Sat, 9 to 11amNew
$275,000Active3 beds 2 baths1,369 sq. ft.2514 Hatch Circle, Colorado Springs, CO 80918
MLS# 2668149Listed by: THE CUTTING EDGE - Open Sun, 1 to 3pmNew
$404,900Active3 beds 3 baths1,475 sq. ft.5039 Deviation Point, Colorado Springs, CO 80920
MLS# 4761478Listed by: THE CUTTING EDGE - New
$449,719Active3 beds 4 baths2,776 sq. ft.6185 Juno Court, Colorado Springs, CO 80922
MLS# 4945170Listed by: NEST EGG REALTY, LLC - New
$225,500Active2 beds 2 baths1,024 sq. ft.1014 Lutheran Way, Colorado Springs, CO 80915
MLS# 4947509Listed by: COMPASS - New
$469,900Active4 beds 3 baths2,082 sq. ft.6685 Bear Tooth Drive, Colorado Springs, CO 80923
MLS# 5831057Listed by: COLDWELL BANKER REALTY