Active
10 beds4 baths3,573 sqft$189/sqft
2107 Preuss Rd, Colorado Springs, CO 80910
Est: $3,613/moGet pre-approved
Multi FamilyProperty Type
9,333 sq ftLot Size
1969Year Built
$189/sq ftPrice per sq ft
4 carsParking Spaces

Description

2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current...2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come! An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility. With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential. Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake! Contat agent for showings.
23 days on Market
  • Listed by: David Gifford 312.805.3731 davidbgifford@gmail.com • Good Neighbor LLC
Last updated: 08/12/2026 02:40 PM • Source: RECOLORADO as distributed by MLS GRID, MLS#: 5981324

Location

Listing Courtesy of Good Neighbor LLC, David Gifford
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$3,613 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,431

Property Taxes

$182

HOA Dues

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Property Information for 2107 Preuss Road

Property Details
  • Taxes: $2,187 / year
  • MLS Type: Residential Income
  • Structure Type: Quadruplex
  • Levels: Two
  • Subdivision Name: colorado spring
  • Association: No
  • Basement: No
Building Information
  • Year Built: 1969
  • Lot Size: 0.21 AC / 9,333 SF
Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3573
  • Sqft Total: 3573
  • Living Area (SqFt Finished): 3573
  • Above Grade Finished Area: 3573
  • Living SqFt: 3573
  • Area Source: Public Records
  • PSF Total: 189
  • PSF Above Grade: 189
  • PSF Finished: 189
  • Heating: Electric
  • Cooling: None
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 10
Bathrooms
  • Bathrooms Total: 4
  • 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: 2
  • Unit Average Rent: $975.00
  • Beds Total: 2
  • Baths Total: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
Unit 2
  • Unit Type: 3 Bedroom
  • Units Total: 2
  • Unit Average Rent: $1,325.00
  • Numberof Parking Per Unit: 1
  • Beds Total: 3
  • Baths Total: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
Parking
Parking
  • Parking Features: Off Street
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-4
  • Parking Details: 4
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 4
  • Parking Count: 4
  • 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: Hunt
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: Galileo
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Palmer
  • High School District: Colorado Springs 11
Site & Location Information
  • Lot Size Acres: .21
  • Lot Size Square Feet: 9333
  • Zoning: R-5
  • Property Exclusions: None
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Stucco
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Livable Structure Count: 0
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Sewer: Public Sewer

Property History for 2107 Preuss Road

DateEvent & SourcePriceAppreciation
Apr 4, 2022

Sold (Public Record)

Public Record #1487006058

$750,000
DateEvent & SourcePrice
04/04/2022

Sold (Public Record)

Public Record #1487006058

$750,000

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

Public Records for 2107 Preuss Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,187 ($182 / month)
Home Facts
Total Finished SqFt3,573 SqFtAbove Grade Finished SqFt3,573 SqFtStories2Lot Size9,333 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1969ZoningR-5CountyEL PASOAPN64212-26-009

Schools near 2107 Preuss Road

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Hunt Elementary School
PublicPK to 5

Galileo School Of Math And Science
Public6 to 8

Palmer High School
Public9 to 12

Eastlake High School of Colorado Springs
Charter9 to 12

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

2107 Preuss Road is a multi-family home for sale in Colorado Springs, CO 80910. This property was listed for sale on August 12, 2026 by Good Neighbor LLC, it's currently listed at $675,000. It has been on the market for a total of 23 days and was last sold on April 4, 2022. This listing's school district is Colorado Springs 11 School District. Nearby schools include Hunt Elementary School, Galileo School Of Math And Science and Palmer High School. 2107 Preuss Road is a 10-bed, 4-bath, 3,573 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Good Neighbor LLC, David Gifford

Based on information submitted to the MLS GRID as of 08/12/2026 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.