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4310 Loomis Ave, Colorado Springs, CO 80906

Colorado Springs
Local realty services provided by:CENTURY 21 Cornerstone
4310 Loomis Ave,Colorado Springs, CO 80906
$530,000
  • 10 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: kasia vermiglio
Office: humble bee realty llc303-870-3303
MLS#:8938940
Source:IRES

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Price summary

  • Price:$530,000

About this home

Cash flow meets Colorado charm at 4310 Loomis Ave, Colorado Springs, CO 80906. This 10-bed, 4-bath fourplex in unincorporated El Paso County is a versatile income-producing asset with multiple exit strategies. Two 3-bedroom units and two 2-bedroom units provide a strong, efficient layout. Previously operated as successful short-term rentals, the property can remain STR or convert to long-term rentals. Currently, 3 of 4 units are month-to-month, allowing immediate repositioning and rent optimization. Built in 1972, the property features solid construction and functional layouts with predictable maintenance and strong tenant appeal. Current income is $5,400/month ($64,800/year) supporting an estimated ~9.8% in-place cap rate. One 3-bedroom unit is vacant and STR-ready, offering immediate upside. Projected income is $8,400+/month ($100,800/year) supporting an estimated ~15%+ stabilized cap rate through rent increases, lease-up of the vacant unit, and correction of below-market rents....

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Home facts

  • Year built:1972
  • Listing ID #:8938940
  • Added:50 day(s) ago
  • Updated:June 09, 2026 at 06:30 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Kitchen Description:Microwave, Refrigerator
  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Ceiling Fan(s), Wall/Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1972
  • Lot Features:Outbuildings
  • Construction Materials:Concrete, Frame, Wood Siding
  • Exterior Features:Deck, Patio
  • Levels:2 Story

Schools

  • High school:Harrison
  • Middle school:Fox Meadow
  • Elementary school:Otero

Utilities

  • Water:City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$530,000
  • Tax amount:$2,645

Features and amenities

  • Appliances:Dryer, Fire Alarm, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Garage spaces:6
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