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126 W Cheyenne Rd
Colorado Springs, CO 80906
Multifamily Property For Sale
·
1,801 SF
Investment Highlights
- Duplex Investment Opportunity
- Strong Rental Demand Location
- Manageable Asset Size
- Spacious Two-Bedroom Floor Plans
- Dedicated Off-Street Parking
- Established Colorado Springs Submarket
Executive Summary
124 & 126 W Cheyenne Road presents a rare opportunity to acquire a well-maintained duplex in a highly desirable Colorado Springs location. Constructed in 1956, the property consists of two spacious residential units totaling 1,801 square feet. Units feature functional two-bedroom, one-bathroom, and two-bedroom, one and one half-bathroom floor plans designed to appeal to a broad tenant base seeking comfortable living accommodations in a convenient urban setting.
The property offers four off-street parking spaces, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term
appreciation potential.
Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area’s most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado’s most desirable places to live.
Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.
The property offers four off-street parking spaces, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term
appreciation potential.
Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area’s most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado’s most desirable places to live.
Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.
Property Facts
| Sale Type | Investment | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 1,801 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 1956 |
| Zoning | PDZ R-2 | ||
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 1,801 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | PDZ R-2 |
Property Taxes
| Parcel Number | 64302-15-039 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $27,950 |
Property Taxes
Parcel Number
64302-15-039
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$27,950
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