1820 Monterey Rd

8
Baths
4,006 Sq. Ft.
$159 / Sq. Ft.
4,006
Sq. Ft.
$159
per Sq. Ft.

Description

Cushman & Wakefield is pleased to present 1820 Monterey Rd, a well-located multifamily investment opportunity in Southeast Colorado Springs. The property sits within an established residential neighborhood with convenient access to major thoroughfares like S Academy and I-25. 1820 Monterey Rd is located nearby employment such as Amazon Distribution & Innovation Park, and convenient access to retail & groceries, making it attractive to long-term renters. The asset is comprised of townhome-style units...Cushman & Wakefield is pleased to present 1820 Monterey Rd, a well-located multifamily investment opportunity in Southeast Colorado Springs. The property sits within an established residential neighborhood with convenient access to major thoroughfares like S Academy and I-25. 1820 Monterey Rd is located nearby employment such as Amazon Distribution & Innovation Park, and convenient access to retail & groceries, making it attractive to long-term renters. The asset is comprised of townhome-style units featuring both front and rear entrances, offering added privacy and functionality. Each unit includes a desirable 2-bedroom, 1.5-bath layout, and gas and electric utilities are individually metered, allowing ownership to minimize operating expenses and efficiently manage utility costs. The property has maintained solid occupancy and presents a clear value-add opportunity through rent growth to market levels and value add implementation. Additional features such as off-street parking and recent exterior improvements further enhance tenant convenience and overall property appeal, positioning 1820 Monterey Rd as a stable asset with long-term upside. Please call or text 417-459-2155 with any questions or inquiries.
  1. Listed by Nic Polaski • Cushman & Wakefield
    P: (719)-238-9074 C: (719)-238-9074 Nic.Polaski@cushwake.com

Property Details for 1820 Monterey Road

Structure Type
Quadruplex
Architectural Style
Cul-De-Sac, Corner Lot
Levels
Two
Subdivision Name
Colorado Springs
Association
No
Basement
No
LISTING UPDATED: 02/03/2026 02:40 PM

Property Details for 1820 Monterey Road

StatusActive
MLS #8164546
Days on Compass2
Taxes$2,158 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.25 AC / 10,714 SF
CountyEl Paso County

Location

Listing Courtesy of Cushman & Wakefield, Nic Polaski
Add your commute

Building Information for 1820 Monterey Road

Stories-Residences-Year Built1984Building Size-Lot Size0.25 AC / 10,714 SF

Payment Calculator

$3,275 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,095

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1820 Monterey Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 4006
  • Sqft Total: 4006
  • Living Area (SqFt Finished): 4006
  • Above Grade Finished Area: 4006
  • Living SqFt: 4006
  • Area Source: Appraiser
  • PSF Total: 159
  • PSF Above Grade: 159
  • PSF Finished: 159
  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 8
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 0
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 0
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 4
  • Unit Average Rent: $1,205.00
  • Unit Average Sq Ft: 1004
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Description: 2BD-1.5BA
Parking
Parking
  • Parking Features: Off Street
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-8
  • Parking Details: 8
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 8
  • Parking Count: 8
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Monterey
  • Elementary School District: Harrison 2
  • Middle Or Junior School: Panorama
  • Middle Or Junior School District: Harrison 2
  • High School: Harrison
  • High School District: Harrison 2
Site & Location Information
  • Lot Size Acres: .25
  • Lot Size Square Feet: 10714
  • Lot Features: Corner Lot, Cul-De-Sac
  • Fencing: Partial
  • Accessibility Features: Cul-De-Sac, Corner Lot
  • Property Exclusions: Sellers personal property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame, Stucco
  • Roof: Shingle
  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Connected
  • Sewer: Public Sewer

Property History for 1820 Monterey Road

DateEvent & SourcePriceAppreciation
Nov 20, 2020

Sold (Public Record)

Public Record #685495524

$560,000

+20.7% / yr

Jun 26, 2019

Sold (Public Record)

Public Record #647150410

$430,000

+16.8% / yr

Oct 19, 2012

Sold (Public Record)

Public Record #340370769

$152,000

-6.1% / yr

Jul 9, 2004

Sold (Public Record)

Public Record #141395534

$255,000—
DateEvent & SourcePrice
11/20/2020

Sold (Public Record)

Public Record #685495524

$560,000

+20.7% / yr

06/26/2019

Sold (Public Record)

Public Record #647150410

$430,000

+16.8% / yr

10/19/2012

Sold (Public Record)

Public Record #340370769

$152,000

-6.1% / yr

07/09/2004

Sold (Public Record)

Public Record #141395534

$255,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1820 Monterey Road

Taxable ValueLand$5,380Additions$34,570Total$39,950
Tax Record2024$2,158 ($180 / month)
Home Facts
Total Finished SqFt4,016 SqFtAbove Grade Finished SqFt4,016 SqFtStories2Lot Size10,714 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984ZoningR5CountyEL PASOAPN6427211029

Schools near 1820 Monterey Road

This home is within Harrison School District No. 2 in the County of EL Paso An.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Monterey Elementary School
PublicPK to 5

Carmel Middle School
PublicK to 8

Harrison High School
Public9 to 12

Pikes Peak Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1820 Monterey Road is a multi-family home for sale in Colorado Springs, CO 80910. This property was listed for sale on February 3, 2026 by Cushman & Wakefield, it's currently listed at $635,000. It has been on the market for a total of 2 days and was last sold on November 20, 2020. This listing's school district is Harrison School District No. 2 in the County of EL Paso An. Nearby schools include Monterey Elementary School, Carmel Middle School and Harrison High School. 1820 Monterey Road is a 8-bed, 8-bath, 4,006 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cushman & Wakefield, Nic Polaski

Based on information submitted to the MLS GRID as of 02/03/2026 02:40 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.