Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1447 Nokomis Dr
Colorado Springs, CO 80915
Multifamily Property For Sale · 4 Units

Investment Highlights

  • PRIME LOCATION
  • WELL-MAINTAINED ASSET
  • AMPLE PARKING
  • STABLE RENTAL INCOME POTENTIAL
  • DESIRABLE UNIT FEATURES

Executive Summary

Located in the highly desirable Cimarron Hills area, 1447 Nokomis Drive presents an exceptional multifamily investment opportunity in the heart of Colorado Springs. This well-maintained fourplex offers a total of 3,106 square feet and features four spacious units, each designed with two bedrooms and one full bathroom, totaling 8 bedrooms and 4 bathrooms throughout the property. Built in 1972, the asset has been thoughtfully cared for and provides a strong combination of functionality, comfort, and long-term investment potential.
Conveniently situated just off the Powers corridor, the property offers quick access to major employers, shopping centers, restaurants, schools, and everyday amenities. Each unit benefits from ample natural light and practical floorplans, while the upper-level units enjoy beautiful mountain views and inviting sitting areas near the front entrance. Parking is abundant with eight total parking spaces located at the rear of the property, in addition to convenient street parking in front.
With its desirable location, stable rental configuration, and consistent upkeep, 1447 Nokomis Drive represents an attractive opportunity for investors seeking dependable income potential in a strong Colorado Springs rental market.

Property Facts

Price Per Unit $168,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Building Class C
Lot Size 0.26 AC
Building Size 3,106 SF
Average Occupancy 100%
No. Stories 2
Year Built 1978
Parking Ratio 2.58/1,000 SF
Opportunity Zone Yes
Zoning RM-30 CAD-0

Amenities

Unit Amenities

  • Microwave
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Views
  • Carpet
  • Yard
  • Deck
  • Dining Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - 750

Property Taxes

Property Taxes

Parcel Number
54071-02-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$48,180
  • Listing ID: 40741362

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 1447 Nokomis Dr, Colorado Springs, CO 80915

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}