33 University DR, Colorado Springs, CO 80910
33 University DR, Colorado Springs, CO 80910
33 University DR, Colorado Springs, CO 80910
33 University DR, Colorado Springs, CO 80910
33 University DR, Colorado Springs, CO 80910
33 University DR, Colorado Springs, CO 80910
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Lindsay Klein

Lindsay Klein

+1(720) 966-3979
$ 690,000
Est. payment | /mo

8 Beds

4 Baths

3,111 SqFt

Save
$ 690,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,111 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,111 sqft

Price per Sqft $221

Subdivision Colorado Springs

MLS Listing ID 3703452

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,111

Year Built 1969

Annual Tax Amount $1,408

Tax Year 2022

Property Sub-Type Quadruplex

Source recolorado

Property Description

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.

Location

State CO

County El Paso

Zoning R5 AO

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace N

Laundry In Unit

Exterior

Roof Type Membrane,Rolled/Hot Mop

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Concrete

Schools

Elementary Schools Monroe

Middle Schools Holmes

High Schools Doherty

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
© 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield

LOCAL INFORMATION

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Local Media
Pets
Public Services & Government

  • Three Margaritas

    310 S Academy Blvd, Colorado Springs, CO 80910

    Mexican Phone: 719-574-7926

  • McDonald’s

    3201 E Platte Ave, Colorado Springs, CO 80909

    Fast Food Phone: 719-632-9505

  • Jackson’s Gourmet Cafe

    2315 E Pikes Peak Ave, Colorado Springs, CO 80909

    Cafes Phone: 719-492-9186

  • Cabrera’s Mexican Bakery

    265 S Cir Dr, Colorado Springs, CO 80910

    Bakeries Phone: 719-344-0242

  • Perkins Restaurant & Bakery

    3295 E Platte Ave, Colorado Springs, CO 80909

    American (Traditional) Phone: 719-633-8962

  • Peking Chinese Restaurant

    280 S Academy Blvd, Colorado Springs, CO 80910

    Chinese Phone: 719-597-2988

  • S S Subs

    2821 E Platte Ave, Colorado Springs, CO 80909

    Delis Phone: 719-471-7827

  • Denny’s

    302 N Academy Blvd, Colorado Springs, CO 80909

    Breakfast & Brunch Phone: 719-597-3673

  • Short Stop

    485 N Cir Dr, Colorado Springs, CO 80909

    Burgers Phone: 719-444-8428

  • Las Americas Restaurant

    467 N Circle Dr, Colorado Springs, CO 80909

    Mexican Phone: 719-630-6466

  • Maggie Mae’s Restaurant & Pub

    2405 E Pikes Peak Ave, Colorado Springs, CO 80909

    Phone: 719-475-1623

  • SS Subs

    2821 E Platte Ave, Colorado Springs, CO 80909

    Sandwiches Phone: 719-471-7827

  • Subs and Such

    337 N Circle Dr, Colorado Springs, CO 80909

    Sandwiches Phone: 719-574-4054

  • Saigon Grill

    337 N Circle Dr, Colorado Springs, CO 80909

    Vietnamese Phone: 719-635-0720

  • Little Mexico

    3507 E Saint Vrain St, Colorado Springs, CO 80909

    Mexican Phone: 719-597-6888

  • Fast Foods of Colorado Springs

    320 N Academy Blvd, Colorado Springs, CO 80909

    Fast Food Phone: 719-630-1658

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33 University DR

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