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33 University Dr

Colorado Springs CO 80910

8
4
8
3111 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
4 bathrooms
8 carspaces
8 garage spaces
3111 sq. ft. floor area
Other

Property history for 33 University Dr

2021
Sold
$470,000
26 Mar 2021
2017
Sold
$292,500
10 Mar 2017 by Jeffrey Stinson, of Homestead USA

Happy sellers in Colorado Springs

88%
88% of sellers in Colorado Springs reported that their sale price either exceeded or met their price expectations.

Colorado Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Colorado Springs over the last 12 months.

Local market activity for 8 bedroom other properties in Colorado Springs

In the last 12 months, 4 eight-bedroom other properties similar to 33 University Dr, have been sold.

This represents a 300% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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