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Back A, B, C, D/329 South Murray Boulevard
Off Market

A, B, C, D/329 South Murray Boulevard

Colorado Springs CO 80916

8
2960 sq. ft.
9620 sq. ft.
Duplex
Last sold for $428,000
Kerri KilgoreKerri Kilgore, last sold this property on 19 April 2019 after -2674 days on market.

Overview

Well-Maintained Colorado Springs 4-Plex – Strong Rents, Updated Major Systems & Immediate Income. Excellent opportunity to acquire a well-kept 4-plex with strong existing rents, recent improvements, & one vacant unit offering immediate flexibility for a new owner. . Unlike many multifamily properties that require substantial deferred-maintenance investment after closing, this property has benefited from important capital improvements. A new roof was installed in 2026, and the furnaces & water heaters have been updated within approximately the last four years. Each unit has its own furnace & water heater, providing separation of major mechanical systems and simplifying ongoing ownership & maintenance. Each residence also includes a stackable washer/dryer, an attractive convenience for tenants. Tenants pay all utilities, helping the owner maintain more predictable operating expenses and preserve net operating income. With three units already producing income, an investor can acquire an operating asset rather than starting from scratch. The vacant fourth unit creates additional upside and flexibility, allowing the new owner to place a tenant, evaluate current market rent, make strategic improvements, or potentially occupy the unit depending on the buyer's investment strategy and financing. Conveniently located along the Murray Boulevard corridor with access to employment, shopping, transportation and major Colorado Springs thoroughfares, the property offers the combination investors look for: existing cash flow, strong rental income, tenant-paid utilities, updated major components, multiple income streams and limited immediate capital needs. All four units are currently rented with a solid history of stable tenants. This is an appealing opportunity for both experienced multifamily investors.

Features

8 bedrooms
2960 sq. ft. floor area
9620 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 8 bedroom duplexes sold in Colorado Springs over the last 12 months.

Property history for A, B, C, D/329 South Murray Boulevard

2019
Sold
$428,000
19 Apr 2019 by Kerri Kilgore, of PRESTIGE REALTY GROUP LLC

Happy sellers in Colorado Springs

87%
87% 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 3 reviews in Colorado Springs over the last 12 months.

Local market activity for 8 bedroom duplexes in Colorado Springs

In the last 12 months, 3 eight-bedroom duplexes similar to A, B, C, D/329 South Murray Boulevard, have been sold.

This represents a 200% decrease in eight-bedroom duplexes sales when compared to the previous 12 months.

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