4310 Loomis Avenue, Colorado Springs, CO 80906

Colorado Springs
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
4310 Loomis Avenue,Colorado Springs, CO 80906
$530,000
Virtual Tour
  • 10 Beds
  • 4 Baths
  • 3,908 sq. ft.
  • Multi-family
  • Active
Listed by: kasia vermiglio
Office: humble bee realty llc.
MLS#:8938940
Source:ML

Price summary

  • Price:$530,000
  • Price per sq. ft.:$135.62

About this home

Cash flow meets Colorado charm at 4310 Loomis Ave, Colorado Springs, CO 80906. This 10-bed, 4-bath fourplex in unincorporated El Paso County is a versatile income-producing asset with multiple exit strategies. Two 3-bedroom units and two 2-bedroom units provide a strong, efficient layout. Previously operated as successful short-term rentals, the property can remain STR or convert to long-term rentals. Currently, 3 of 4 units are month-to-month, allowing immediate repositioning and rent optimization. Built in 1972, the property features solid construction and functional layouts with predictable maintenance and strong tenant appeal. Current income is $5,400/month ($64,800/year) supporting an estimated ~9.8% in-place cap rate. One 3-bedroom unit is vacant and STR-ready, offering immediate upside. Projected income is $8,400+/month ($100,800/year) supporting an estimated ~15%+ stabilized cap rate through rent increases, lease-up of the vacant unit, and correction of below-market rents....

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Home facts

  • Year built:1972
  • Listing ID #:8938940

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Flooring:Carpet, Concrete, Vinyl
  • Kitchen Description:Microwave, Range, Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:3,908 sq. ft.

Heating and cooling

  • Cooling:Air Conditioning-Room
  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1972
  • Building area:3,908 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Frame, Wood Siding
  • Exterior Features:Deck, Fire Pit, Patio, Private Yard
  • Foundation Description:Concrete Perimeter
  • Levels:2 Story

Schools

  • High school:Harrison
  • Middle school:Fox Meadow
  • Elementary school:Otero

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$530,000
  • Price per sq. ft.:$135.62
  • Tax amount:$2,645 (2024)

Features and amenities

  • Laundry features:Common Area, Dryer, Washer
  • Amenities:Carbon Monoxide Detector(s), Gas Water Heater, Security System, Smart Locks, Smoke Detector(s)

Parking

  • Total parking spaces:6
MLS LogoBased on information submitted to the MLS GRID as of April 26, 2026 12:44 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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