Listed By:
Cushman & Wakefield;
Address
1011 Bennett Avenue, Colorado Springs, CO
Price
$ 699,000
Property Attributes
  • ID#5015752
  • TypeMulti-Family
  • Listing Status Active
  • CountyEL PASO
  • CityColorado Springs
  • NeighborhoodHilltop
  • Zip80909
  • StyleQuadruplex
  • Year Built1985
  • Taxes$ 2215
  • Price$ 699,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3200
Data Source:
REColorado (MTOMLS)
Property Description

1011–1013 Bennett Avenue presents an exceptional opportunity to acquire a well-positioned, recently renovated multifamily asset in the heart of Colorado Springs, Colorado 80909. The property consists of 4 total units configured as spacious 2-bedroom, 2-bath residences, each averaging 800 square feet, offering a highly desirable layout for today’s renter demand. Located in a strong infill submarket with convenient access to major employment centers, military installations, and downtown Colorado Springs, the asset benefits from consistent rental demand driven by the area’s growing population and diverse economic base. The units feature functional floorplans with modern upgrades throughout, including in-unit laundry, updated interiors with custom fireplace surrounds, LED Lighting and stainless appliances. Reserved, off-street parking is also available, supporting both tenant retention and long-term stability. With its central location and efficient unit mix, this property is well-suited for investors seeking a low-vacancy, income-producing multifamily asset in a supply-constrained rental market.

Elementary School Middle School High School
Queen Palmer Elementary School Galileo Middle School Palmer High School
Price History
6/8/2026 Listed $729,000
6/26/2026 5$699,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Air Conditioning-Room
Possession Negotiable
Roof Composition
Zoning R-5
Construction Materials Frame
Exclusions Seller(s) personal property
Year Built 1985
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
County El Paso
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Hilltop
Status Active
Directions From I-25: Exit at Uintah Street (Exit 143),head east to Union Boulevard,north on Union Boulevard,east on Platte Avenue,then north on Bennett Avenue to the property.
High School Palmer
City Colorado Springs
Senior Community Y/N No
High School District Colorado Springs 11
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Queen Palmer
Tax Annual Amount 2215
Middle/Junior High School Galileo
Virtual Tour https://www.zillow.com/view-imx/c39d344f-c8b4-406e-8ca7-ed1ca33ddc0c?setAttribution=mls&wl=true&initialViewType=pano
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11

Interior Features

Common Walls 2+ Common Walls
Basement (Y/N) No
Above Grade Finished Area 3200
Total Bedrooms 8
Total Baths 8

Exterior Features

Water Source Public
Total Parking 4
Building Area Total 3200

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80909

Price
AVG $580K
$700K
Taxes
AVG $1,887
$2,215
Year Built
AVG 1956
1985
Visits
AVG 114
133
Data Provided by Inside Real Estate®

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