1025 Magnolia Street
Colorado Springs, CO 80907
$695,000
Lot 8,298 SQFT · 1 DOM
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Est. Buyer Rebate: $8,688See how it’s calculated
At the $695,000 asking price, assuming a 2.5% buyer-agent commission. Illustration only; actual commission and rebate vary.
For eligible first responders, nurses, active-duty military and teachers. Rebate terms.
Receive 50% of the commission our brokerage receives, reduced as needed so the brokerage retains at least $6,500. The assumed 2.5% rate is an example, not this listing’s offered compensation. Compensation is negotiable and not guaranteed. Lender preapproval and a signed buyer agency agreement are required before showings. Subject to your written agreement, lender approval and closing requirements.
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1 DOM
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About the property
Welcome to a turnkey income property at a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in person. The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents. Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.
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Explore neighborhood guides · Colorado Springs area guidePrice information
Current asking price: $695,000. Original asking price: $695,000.
These are reported listing fields, not a complete price history or an appraisal. Comparable-sale evidence is not yet available for an automated value rating.
MLS #2763154 · Listed by Keller Williams Realty DTC LLC · Nathan Crumb · (303) 771-7500
Data last refreshed 2026-10-22T13:01:07.768Z.