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3137 W Pikes Peak Ave
Colorado Springs, CO 80904
Multifamily Property For Sale · 3 Units

Investment Highlights

  • • Strong appeal for both renters and owners seeking walkable, lifestyle-oriented living
  • • Flexible MX-M zoning allowing for townhomes, mixed-use, live/work, or alternative concepts. This could be a relatively efficient infill project — or
  • • Immediate access to Highway 24, minutes to Garden of the Gods and Old Colorado City
  • • Preliminary approvals already in place for six townhomes—potentially a streamlined path to development
  • • ~3-minute walk to Starbucks and ~5 minutes to a retail center with Safeway, gym, dining, and services

Executive Summary

A strong fit for a developer/builder focused on well-located, efficient infill projects! Location! Location! Location! This is one of those opportunities where the location does much of the heavy lifting, with flexibility to execute a straightforward project or something more creative. The property sits right at the gateway between Manitou Springs and Colorado Springs, Colorado, an area people truly enjoy living in.Please call the listing agent to discuss more information.

Property Facts

Price Per Unit $250,000
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.15 AC
Building Size 2,092 SF
No. Stories 1
Year Built 1899
Parking Ratio 0.48/1,000 SF
Zoning MX-M - Mixed-Use Medium Scale

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 3 - -

Property Taxes

Property Taxes

Parcel Number
74034-20-013
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$46,440
  • Listing ID: 40334849

  • Date on Market: 4/29/2026

  • Last Updated:

  • Address: 3137 W Pikes Peak Ave, Colorado Springs, CO 80904

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