5535 Tomah Drive, Colorado Springs, CO 80918

$799,000
8
BD
4
BA
3,348
SqFt

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Courtesy of House Hunters, LLC . denae.howell.re@gmail.com,719-323-1442

List Price
$799,000
Type
Multifamily
Status
ACTIVE
MLS Number
7352165
Finished Sqft
3,348
Above Grade Sqft
3348
Total Sqft
3348
Subdivision
Vista Grande Terrace
Sub-Area
Vista Grande Terrace
Year Built
1973

Property Description

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

Additional Information

School District
Colorado Springs 11
Elementary School
Fremont
Middle School
Russell
High School
Coronado
Garage Spaces
7
Parking Spaces
7
Lot Size
16,300
Acres
0.37
Taxes
$2,720
Tax Year
2025

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