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$849,000

2809 King Street, Colorado Springs CO, 80904

Price per sqft$84.35
Built in1983
Lot size0.23 Acres
Property typeLand
Listed by Yanshuang Tan, HomeSmart Listing Contact: 303-858-8100

Overview

Active

Listed Aug 25, 2026

Updated 3 weeks ago

Solidly performing in the highly desirable Pleasant Valley area, just minutes from Garden of the Gods, Old Colorado City, downtown, and major commuter routes. This turn-key asset includes three long-term tenants providing stable income and one unit currently operating as a Airbnb, offering excellent flexibility for both short-term and long-term rental strategies. The property features a balanced and attractive unit mix with two 2-bedroom/1-bath units and two 3-bedroom/2-bath units, increasing rental demand and supporting strong year-round occupancy. Recent improvements include a new roof, exterior paint, gutters, and updated flooring, ensuring low maintenance and reliable future performance. Each unit offers a balcony or patio, tile baths, and fireplaces. With a very low to no vacancy rate, investors have the option to maintain the current rent rolls or adjust rents as leases expire. Surface parking includes seven paved spaces plus additional parking on the south dirt area. A rare opportunity to acquire a reliable, updated, income-producing property in one of Colorado Springs’ most sought-after west-side locations.

Additional information

MLS® ID
1115848

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$2,691
Tax Frequency
Annually
MLS provider logo

Listed by Yanshuang Tan, HomeSmart

Listing Contact: 303-858-8100

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Data Last Updated: 8/25/2026

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