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$799,000
1025 Magnolia St, Colorado Springs, CO, 80907
3,282
Square Feet
Turnkey 4-Plex Investment Opportunity - 1025 Magnolia St, Colorado Springs
This well-maintained fourplex features (4) 2-bed, 1-bath units-each offering 821 sq ft, in-unit washer and dryer, and private back storage.
Major capital improvements already completed: new boiler and water heater (2016), full roof and gutter replacement (2019), and a new driveway (2019). The required Springs Utilities backflow prevention device was just installed.
Tenant turnover is minimal, and units are consistently updated during transitions. Property has been proactively maintained, making this a solid plug-and-play investment for the next owner. Full Financials Available.
Offered By
John Galloway john@smplcphr.com,720-515-9721, Toprock Real Estate LLC
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Income Property
Square Feet
3,282
MLS #
2432034
Heating
Radiant
SEWER
City Sewer, Public Sewer
Year Built
1971
ARCHITECTURAL STYLE
Ranch
Roof
Fiberglass
CITY
Colorado Springs
SUBDIVISION
Colorado Springs
COUNTY
El Paso
AREA
Out of Area
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
2097.0
LATEST UPDATE
2025-05-24T03:14:21.357Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$799,000 May 24, 2025
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Income Property
Square Feet
3,282
MLS #
2432034
New Properties On Market
14
180%
Increase In New Listings
Average Asking Price
$538,973
$191,407 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$226
$12 Decrease In List Price/Sq. Ft.
Average Days On Market
8
6 Day
Decrease In Days On Market
Data as of Jun 08, 2025.
Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
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Information deemed reliable but not guaranteed by the MLS.
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Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES.
Property data was last updated on 6/8/2025 at 7:20 pm