Refine Search
Sort by
1117 Cree Dr, Colorado Springs
$599,000
PENDING Status
INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month, so a new owner can keep the existing tenants, reset rents, or re-tenant on their own terms. A bidirectional exterior sewer cleanout in the backyard makes maintenance access straightforward. Location is a working renter’s commute: minutes from Peterson Space Force Base, with convenient access to the Powers Boulevard corridor, Highway 24, Academy Boulevard, shopping, dining, and everyday services. Whether you want a turnkey fourplex for the rent roll, a long-hold east-side asset, or a property you can operate with low utility complexity, this is a clean, understandable four-unit investment. Schedule your showing today.

1117 Cree Dr, Colorado Springs

Courtesy of Red Dragon Realty, Inc.. 303-800-1914

6885 Mescalero Dr, Colorado Springs
$359,900
4 Beds ⋅ 2 Baths ⋅ 1,476 SqFt. ⋅ PENDING Status
Fully Remodeled 4-Bedroom Home with Large Fenced Yard! Welcome home! This beautifully remodeled 4-bedroom, 2-bathroom home is move-in ready and packed with updates! Ideally located close to schools, parks, shopping, and everyday conveniences, this home offers the perfect combination of modern style, comfort, and functionality. Step inside to find a completely refreshed interior featuring fresh paint, new carpet and flooring, and updated bathrooms. The heart of the home is the stunning remodeled kitchen, complete with brand-new cabinets, new countertops, and stainless-steel appliances. Outside, enjoy a large, fully fenced backyard with plenty of space for entertaining, pets, play, gardening, or simply relaxing. A 2-car carport provides convenient covered parking With so many updates already completed, you can move in and enjoy without the hassle of taking on major projects. Come see everything this beautifully remodeled home has to offer!

6885 Mescalero Dr, Colorado Springs

Courtesy of Keller Williams Clients Choice Realty. 719-535-0355

1340 Kachina Dr, Colorado Springs
$349,950
4 Beds ⋅ 2 Baths ⋅ 1,785 SqFt. ⋅ ACTIVE UNDER CONTRACT Status
Welcome to this versatile Cimmaron Hills home offering the ideal layout for flexible living. This property features a two-story design with a fully finished, garden-level walk-out basement. Boasting two bedrooms, spacious living areas, and a bathroom on each level, it's perfect for multi-generational families, growing households, or savvy buyers looking to generate rental income. The front entry leads to a bright main-level living room that flows seamlessly into the dining area and kitchen. Gleaming hardwood floors run through both the primary and guest bedrooms. Just steps away, the kitchen opens directly to the covered upper level of a two-tiered deck, making indoor-outdoor entertaining effortless. Finally, you'll find the full bath serving the main level. Downstairs, a striking stone wood-burning fireplace serves as the focal point of the lower living area. With independent backyard access via a sliding patio door, this level is perfect for guests or tenants. You will also find two additional bedrooms, a 3/4 bathroom, and a dedicated utility room with laundry and a water filtration system. The backyard is a true retreat, offering an open-air lower deck with beautiful mountain views and a lush lawn kept vibrant by an automated sprinkler system. Add some vibrancy to the backyard with the included greenhouse and multiple raised garden beds. Bring your toys and hobbies and appreciate the secure attached garage, backyard storage buildings, and a carport big enough for your RV or boat. Enjoy complete peace of mind with updates including a new roof (2024), central AC (2022), energy-efficient windows, security doors, and carport (2018), and a furnace (2014). Don't wait, schedule your tour today!

1340 Kachina Dr, Colorado Springs

Courtesy of HomeSmart Preferred Realty. (719) 582-1046


The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.

How much is your home worth?

Get instant property value now!