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Street View
$600,000
Monthly Est:$2,986
10 Beds
- 4 Baths
3,573sqft
2107 Preuss Rd, Colorado Springs, CO 80910
$600,000
$2,986/moEst:
Get Pre-Approved
Quadruplex
Built in 1969
$-- HOA
9,333 sqft lot
$168/sq.ft
Description
HUGE Price Reduction on this great investment - now offering a 7.44% Cao Rate! 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 - 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.
NEW Offer price of $600,000—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.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 5, 2026 at 9:55 pm
- Listing Provided by: David Gifford (312) 805-3731 | Good Neighbor LLC (720) 665-7922
- Source: DENVER (RE COLORADO) MLS-CO | MLS#: 5981324

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1969
HOA Fees
-
Finished Area
3,573 sqft
Lot Size
9,333 sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
5981324
MLS Status
Active
Days on Market
59

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Interior
Sewer
Public Sewer
Heating
Electric
Cooling
None
Construction
Year Built
Year Built: 1969
Home type
Quadruplex
Roof
Composition
Property Condition
Updated/remodeled
Construction Materials
Stucco
Utilities & Energy
Utilities
Cable Available, Electricity Available, Electricity Connected
Water Source
Public
Other Features
Subdivision Name
Colorado Spring
Price History
| Date | Event | Price |
|---|---|---|
08/12/2026 Source: | Listed for Sale | $675,000 +12.50% $189/sqft |
08/12/2026 Source: | Price Increased | $600,000 +100.00% $168/sqft |
07/25/2018 Source: | Sold | $300,000 $84/sqft |
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