2809 King Street, Colorado Springs, CO

$849,000

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0.23

Acres

About 2809 King Street

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.

Features of 2809 King Street

MLS® # 1115848
Price $849,000
Acres 0.23
Year Built 1983
Type Income
Sub-Type Fourplex
Status Active

Community Information

Address 2809 King Street
Area Pleasant Valley
Subdivision Pleasant Valley
City Colorado Springs
County El Paso
State CO
Zip Code 80904

Amenities

Utilities Cable Connected, Electricity Connected, Natural Gas Connected
Has Pool No

Interior

Appliances Dishwasher, Disposal, Range
Heating Baseboard, Hot Water
Cooling Ceiling Fan(s)
Fireplace No
Has Basement No

School Information

District Colorado Springs 11

Additional Information

Short Sale No
RE / Bank Owned No
Financing Available Cash, Conventional, FHA, VA

Listing Details

OfficeHomeSmart
Contact Info303-858-8100

Listing Map

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