Map of Property

3146–3152 W Colorado Ave

For Sale

3146 W Colorado Ave, Colorado Springs, CO 80904

This Colorado Springs property for sale is located at 3146 W Colorado Ave. The current listed sale price for 3146–3152 W Colorado Ave is $1,725,000. 3146–3152 W Colorado Ave is situated on a lot that is 0.36 acre in size.

Contacts

Brandon Langiewicz

Hoff & Leigh

Kenny Juarbe

Hoff & Leigh

Property Details

  • Property Type Multi-Family
  • Property Size 5,380 SF
  • Units 15
  • Lot Size 0.36 Acre
  • Year Built 1926
  • Date Updated Apr 28, 2026

3146–3152 West Colorado Avenue is a well-maintained 15-unit multifamily property located in the 

desirable Westside submarket of Colorado Springs, CO. Offered at $1,725,000, the property is priced at 

a 6.0% cap rate with a Year 1 NOI of approximately $103,152. The unit mix consists of six studio units, 

seven one-bedroom units, and two two-bedroom units, providing a diversified rent roll that appeals to a 

broad tenant base. Ownership has invested over $92,000 in capital improvements since 2021, including 

major parking lot upgrades, new boilers, exterior paint and siding, updated signage, lighting, flooring, and 

enhanced security features. With these improvements in place and strong area demand, the property 

presents investors with reliable in-place income and additional upside in one of Colorado Springs’ most 

desirable neighborhoods. 

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Attachments

Getting around

  • 75/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 67/100

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Location

  • City Colorado Springs, CO
  • Neighborhood Pleasant Valley
  • Zip Code 80904
  • Market Denver

Points of Interest

  • Manitou Depot

    3.10 miles

  • Pikes Peak

    9.13 miles

  • 7-Eleven

    0.26 miles

  • Rudy'S

    0.33 miles

  • Loaf 'N Jug

    1.16 miles

  • Conoco

    1.18 miles

  • Sinclair

    1.24 miles

  • Phillip 66

    1.35 miles

  • ChargePoint

    1.36 miles

  • Western Fuel

    1.36 miles

  • King Soopers Fuel Center

    1.42 miles

  • Native Roots Dispensary

    1.56 miles

  • Domino's Pizza Parking

    0.19 miles

  • Red Rock Open Space Lot2

    0.31 miles

  • Red Rock Open Space Lot1

    0.36 miles

  • South 31st Lot

    0.41 miles

  • High Street Lot

    0.53 miles

  • Old Colorado City Surface Lot

    0.66 miles

  • Parking Area 9

    0.82 miles

  • Parking Area 10

    1.08 miles

  • P13

    1.37 miles

  • P12

    1.43 miles

  • Hotel San Ayre by Bud+Breakfast

    0.24 miles

  • Garden of the Gods Motel

    0.32 miles

  • Mountainscape Hotel

    0.36 miles

  • Spurs and Lace Inn Bed & Breakfast

    0.39 miles

  • Roadway Inn

    0.66 miles

  • Rainbow Motel Colorado Springs

    0.66 miles

  • Mel-Haven Lodge

    0.69 miles

  • El Colorado Lodge

    0.81 miles

  • Red Wing Motel

    1.00 miles

  • Econo Lodge Inn & Suites

    1.01 miles

  • Safeway

    0.17 miles

  • Midland Roundhouse

    1.26 miles

  • King Soopers

    1.49 miles

  • Walmart Supercenter

    2.90 miles

  • Natural Grocers

    4.05 miles

  • Sprouts Farmers Market

    4.14 miles

  • Walmart Neighborhood Market

    4.36 miles

  • Kohl's

    4.37 miles

  • Big R

    4.59 miles

  • Ross

    4.67 miles

Contact 3146–3152 W Colorado Ave
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