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33 University Dr, Colorado Springs, CO 80910

Colorado Springs
Local realty services provided by:CENTURY 21 CapRock Real Estate
33 University Dr,Colorado Springs, CO 80910
$690,000
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  • 8 Beds
  • 4 Baths
  • 3,111 sq. ft.
  • Multi-family
  • Active
Listed by: lee wagner, lee wagner
Office: cushman & wakefield303-292-3700
MLS#:3703452
Source:IRES

Price summary

  • Price:$690,000
  • Price per sq. ft.:$221.79

About this home

33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.

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Home facts

  • Year built:1969
  • Subdivision & Development:Not Applicable
  • Listing ID #:3703452
  • Added:156 day(s) ago
  • Updated:September 20, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Basement Description:Unfinished
  • Living area:3,111 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1969
  • Building area:3,111 sq. ft.
  • Construction Materials:Brick, Concrete
  • Levels:One

Schools

  • High school:Doherty
  • Middle school:Holmes
  • Elementary school:Monroe

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$690,000
  • Price per sq. ft.:$221.79
  • Tax amount:$1,408

Parking

  • Garage spaces:8
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