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Bedrooms
Bathrooms
Listings
Market Stats
Information

Colorado Springs Fourplexes for Sale

Home
Colorado Springs Fourplexes For Sale

The grid below lists every match live from the MLS, and the market stats under it show today's median price and price per square foot. Look for them around Academy Boulevard, Kissing Camels and Powers Boulevard. Call or text 303-955-4220. A live person answers.

7 Properties Found
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Colorado Springs Fourplex Market Statistics

7
Homes Listed
86
Avg. Days on Site
$189
Avg. $ / Sq.Ft.
$636,429
Med. List Price

About fourplexes in Colorado Springs

Owner-occupied financing. FHA lets you buy a fourplex in Colorado Springs with 3.5 percent down when you live in one unit, and counts 75 percent of the other three rents toward qualifying. VA does it with zero down.

The self-sufficiency test. On 3 and 4 units, FHA requires the rents to cover the full payment. Many Colorado Springs fourplexes pass; some do not. We run it first.

Rent roll and expenses. Actual leases, actual utilities, actual taxes. The listing's pro forma is a sales tool; the numbers are in the seller's records.

Separate systems. Four meters, four furnaces and four water heaters make a building easy to run. Shared systems mean you pay the utilities.

Zoning and permits. A "fourplex" with two legal units and two unpermitted ones is a problem. We check the zoning and the permit history.

Questions people ask about fourplexes in Colorado Springs

How many fourplexes are for sale in Colorado Springs right now?

The grid at the top of this page is the live MLS list: it updates the moment a home lists or closes, and the market stats under it show today's median price. More: Colorado Springs income properties for sale.

What is the median price of fourplexes in Colorado Springs?

The market stats under the grid show today's median list price and price per square foot, and they update with every new listing. More: Colorado Springs income properties for sale.

Do fourplexes in Colorado Springs have HOA fees?

Some do. Each listing card shows the HOA fee, and the grid filters can narrow the list to homes with no HOA. More: Colorado Springs income properties for sale.

How big are the fourplexes in Colorado Springs?

Sizes vary from home to home. Use the grid filters for square footage and bedrooms; the market stats under the grid show today's price per square foot. More: Colorado Springs income properties for sale.

Which ZIP code has the most fourplexes in Colorado Springs?

It changes as homes list and sell. Switch the grid to map view to see where today's listings cluster, or open the ZIP code pages linked on this page for each ZIP's live count. More: Colorado Springs income properties for sale.

Can I buy fourplexe in Colorado Springs with a low down payment?

Yes. Colorado down-payment assistance works at a 620 credit score, FHA takes 3.5 percent down, VA zero where the buyer qualifies, and a seller credit covers closing costs. On the median $675K fourplexes that is $23,625 down at 3.5 percent. More: Colorado Springs income properties for sale.

Can I buy a fourplex with FHA in Colorado Springs?

Yes, as an owner-occupant with 3.5 percent down, up to the four-unit FHA limit for the county, when the building passes the self-sufficiency test. More: Colorado Springs income properties for sale.

New listings the day they hit

Text COLORADO SPRINGS and what you are looking for to 303-955-4220. A live person answers, sets up the saved search and sends the disclosures on any fourplexes you want to see.

Call or text 303-955-4220 All Colorado Springs homes for sale

Fourplexes for Sale in Colorado Springs, CO: What You Are Looking At

The fourplexes for sale in Colorado Springs above are every four-unit property on the MLS: purpose-built fourplexes, converted houses with four units, and 4-plex buildings in the multi-family category. Buyers searching Colorado Springs fourplexes also search 4 unit buildings, quadplex for sale, small apartment buildings, 2-4 unit properties, house hacking properties and multi-family investment property, and this page carries all of them. This page shows fourplexes for sale in Colorado Springs, and the count updates the moment a home lists or closes.

The Kenna Real Estate Group has sold Colorado Springs multi-family property since 2003 and runs the numbers before you tour. Call or text 303-955-4220. A live person answers.

Buying a Fourplex in Colorado Springs

  • Owner-occupied financing. FHA lets you buy a fourplex in Colorado Springs with 3.5 percent down when you live in one unit, and counts 75 percent of the other three rents toward qualifying. VA does it with zero down.
  • The self-sufficiency test. On 3 and 4 units, FHA requires the rents to cover the full payment. Many Colorado Springs fourplexes pass; some do not. We run it first.
  • Rent roll and expenses. Actual leases, actual utilities, actual taxes. The listing's pro forma is a sales tool; the numbers are in the seller's records.
  • Separate systems. Four meters, four furnaces and four water heaters make a building easy to run. Shared systems mean you pay the utilities.
  • Zoning and permits. A "fourplex" with two legal units and two unpermitted ones is a problem. We check the zoning and the permit history.

How to Buy a Fourplex in Colorado Springs

  1. Decide owner-occupied or investment. It sets the loan, the down payment and which Colorado Springs buildings work.
  2. Get pre-approved so your offer in Colorado Springs carries weight the day you find the right home.
  3. Tour with a Kenna agent, 7 days a week. We show you the home, the block and the closed comps.
  4. Write with inspection, appraisal and loan deadlines that protect you, and negotiate what the inspection finds.
  5. Close. Most Colorado Springs closings run 30 to 45 days.

Selling in Colorado Springs?

Fourplex buyers in Colorado Springs buy the rent roll: current leases, actual expenses and a clean inspection sell the building. A free Smart Pricing Report from the Kenna Real Estate Group prices your home against the closed sales that match it. Call or text 303-955-4220.

Fourplexes Near Colorado Springs

Colorado Springs Questions

Can I buy a fourplex with FHA in Colorado Springs?

Yes, as an owner-occupant with 3.5 percent down, up to the four-unit FHA limit for the county, when the building passes the self-sufficiency test.

What do fourplexes cost in Colorado Springs?

The grid above carries today's list prices. Call or text 303-955-4220 and a Kenna agent pulls the closed sales and the cap rates.

Do I need a property manager?

Not while you live there. A Colorado Springs manager runs 8 to 10 percent of rents when you move out.

Can I see a Colorado Springs fourplex today?

Yes. Call or text 303-955-4220 and a Kenna agent sets the showing with the tenants, 7 days a week.

More for Colorado Springs Buyers

Kenna Real Estate Group at Keller Williams DTC · 6300 S Syracuse Way, Suite 150, Centennial · Call or text 303-955-4220. A live person answers, 7 days a week.

Fourplex for sale across Colorado

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Guides for this market

Want a tour or a price opinion on any home above? Call or text 303-955-4220. A live person answers. Not a robot, not a phone tree.

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