UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $234
Subdivision Hanna Lea Subdivision Filling No.2
MLS Listing ID 7085860
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,200
Year Built 1985
Annual Tax Amount $2,229
Tax Year 2025
Lot Size 9,688 Sqft
Acres 0.22
Property Sub-Type Quadruplex
Source recolorado
Property Description
Built in 1985, the property offers units with an expansive ~800 SF, 2BD/2BA master en-suite layout, a highly desirable floor plan in the Colorado Springs rental market where renters increasingly prioritize space, privacy, and functionality. Combined with assigned off-street parking, these features align well with the preferences of the area's professional, military, and long-term renter base.
The property's infill location near grocery, retail, and dining amenities, along with close proximity to the U.S. Olympic & Paralympic Training Center and a short drive to Downtown Colorado Springs, positions it to directly benefit from the city's diverse employment drivers.
As Colorado Springs continues to experience steady population growth and inmigration, demand for renovated, mid-sized multifamily assets in established neighborhoods remains strong, particularly where new supply is limited. 1015-1017 Bennett Ave modern interiors, efficient unit mix, and proximity to employment and lifestyle centers make it well-positioned to capture this demand while offering stable cash flow and long-term value preservation.
Location
State CO
County El Paso
Interior
Heating Electric
Cooling None
Fireplace N
Exterior
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Wood Siding
Schools
Elementary Schools Rogers
Middle Schools North
High Schools Mitchell
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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