2107 Preuss Road, Colorado Springs, CO 80910
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
2107 Preuss Road,Colorado Springs, CO 80910
$675,000
- 10 Beds
- 4 Baths
- 3,573 sq. ft.
- Multi-family
- Active
Listed by: david gifford
Office: good neighbor llc.
MLS#:5981324
Source:ML
Price summary
- Price:$675,000
- Price per sq. ft.:$188.92
About this home
2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come!
An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility.
With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential.
Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake!
Contat agent for showings....
Contact an agent
Home facts
- Year built:1969
- Subdivision & Development:colorado spring
- Listing ID #:5981324
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Living area:3,573 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:3,573 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Stucco
- Levels:2 Story
Schools
- High school:Palmer
- Middle school:Galileo
- Elementary school:Hunt
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$188.92
- Tax amount:$2,187 (2025)
Parking
- Total parking spaces:4
New listings near 2107 Preuss Road
- Open Sat, 11am to 1pmNew
$825,000Active3 beds 2 baths2,539 sq. ft.212 E Del Norte Street, Colorado Springs, CO 80907
MLS# 9683513Listed by: LIV SOTHEBY'S INTERNATIONAL REALTY CO SPRINGS - New
$425,000Active3 beds 3 baths1,750 sq. ft.10286 Luneth Drive, Colorado Springs, CO 80925
MLS# 1406403Listed by: EXP REALTY LLC - New
$739,800Active4 beds 3 baths3,978 sq. ft.8213 Wheatland Drive, Colorado Springs, CO 80908
MLS# 1877853Listed by: KELLER WILLIAMS REALTY DOWNTOWN LLC - Open Thu, 9 to 11pmNew
$1,274,900Active3 beds 4 baths4,600 sq. ft.5620 Jarman Street, Colorado Springs, CO 80906
MLS# 4385756Listed by: BURGHARDT AND ASSOCIATES - New
$649,900Active5 beds 4 baths3,021 sq. ft.2216 Ramsgate Terrace, Colorado Springs, CO 80919
MLS# 5851403Listed by: EXP REALTY LLC
$690,000Pending3 beds 3 baths2,022 sq. ft.1525 Winfield Avenue, Colorado Springs, CO 80906
MLS# 6457091Listed by: MACKENZIE-JACKSON REAL ESTATE- New
$319,500Active3 beds 2 baths1,451 sq. ft.731 Bonfoy Avenue, Colorado Springs, CO 80909
MLS# 2829374Listed by: REMAX PROPERTIES - Open Sat, 12 to 2pmNew
$325,000Active3 beds 1 baths1,140 sq. ft.6830 Chippewa Road, Colorado Springs, CO 80915
MLS# 6975478Listed by: ENGEL & VOELKERS PIKES PEAK - New
$325,000Active3 beds 1 baths1,491 sq. ft.4741 Keith Circle, Colorado Springs, CO 80916
MLS# 8197482Listed by: REMAX PROPERTIES - Open Sat, 1 to 3pmNew
$650,000Active3 beds 4 baths2,841 sq. ft.4405 Peak Crest View, Colorado Springs, CO 80918
MLS# 1633074Listed by: RE/MAX REAL ESTATE GROUP INC