1117 Cree Drive, Colorado Springs, CO 80915

Colorado Springs
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1117 Cree Drive,Colorado Springs, CO 80915
$599,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: chet owen phelps
Office: red dragon realty, inc.
MLS#:5581460
Source:CO_PPAR

Price summary

  • Price:$599,000

About this home

INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1970
  • Listing ID #:5581460
  • Added:41 day(s) ago
  • Updated:October 18, 2026 at 07:05 PM

Rooms and interior

  • Kitchen Description:220v in Kitchen, Cook Top, Disposal, Oven, Refrigerator, Self Cleaning Oven

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1970
  • Lot area:0.2 Acres

Utilities

  • Water:Assoc/Distr
  • Sewer:Sewer

Finances and disclosures

  • Price:$599,000
  • Tax amount:$2,769 (2025)

Features and amenities

  • Laundry features:Coin, Dryer, Electric Hook-up, Gas Hook-up, Washer
MLS Logo The information being provided by Pikes Peak REALTOR® Services Corp. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pikes Peak REALTOR® Services Corp.. Better Homes and Gardens Real Estate Kenney & Company is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Kenney & Company, a broker participant of Pikes Peak REALTOR® Services Corp.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pikes Peak REALTOR® Services Corp. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Copyright 2026 Pikes Peak REALTOR® Services Corp. All rights reserved.

New listings near 1117 Cree Drive