$570,000
$599,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4025 Ruskin WAY Colorado Springs, CO 80910
8,100 Sqft Lot
Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3368658
Sold Date 12/30/25
Construction Status Existing
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,222
Tax Year 2024
Lot Size 8,100 Sqft
Property Sub-Type Fourplex
Property Description
This updated four-plex presents an exceptional opportunity for investors seeking both stable cash flow and long-term appreciation. With a strong track record of consistent occupancy and rental demand, this property delivers a reliable, low-maintenance income stream. Three units have been recently updated with fresh paint, newer appliances, and new flooring—reducing near-term capital expenditures and enhancing tenant appeal. Additional highlights include ample off-street parking and a prime location near schools, parks, shopping, and public transportation. The property offers quick access to major highways, providing convenient commutes to downtown Colorado Springs and multiple military bases—key drivers of sustained rental demand in the area. Situated in a well-established neighborhood with historically low vacancy rates, this four-plex is further strengthened by recent improvements, including a new boiler. A turnkey investment with solid fundamentals and immediate revenue potential.
Location
State CO
County El Paso
Area Ruskin Square
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type None
Laundry Coin, Common
Exterior
Garage Spaces 8.0
Fence None
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Garden Level
Water Municipal
Structure Type Brick,Framed on Lot
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Established Rental History, Lead Base Paint Discl Req
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