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Investment Highlights

  • Great Rental History
  • New AC in 3 units!
  • Industrial aesthetic

Executive Summary

A truly distinctive opportunity near Downtown, this contemporary fourplex pairs an unexpected industrial aesthetic with a thoughtfully designed mix of living spaces. Almost hidden from the street, the unique property offers two spacious four-bedroom, three-bath residences, each with a two-car garage, along with two two-bedroom, one-bath units, each featuring a one-car garage.
Modern finishes, clean architectural lines, and an unmistakably cool industrial character set these residences apart from the conventional. Air conditioning has recently been added to three of the four units, further enhancing their appeal and comfort. With its versatile unit mix, generous garage capacity, and highly individual design, this is an uncommon multifamily offering with both investment appeal and a distinctive sense of place.

Property Facts

Price $1,600,000
Price Per Unit $400,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Building Size 4,538 SF
Average Occupancy 75%
No. Stories 2
Year Built 2009
Zoning R-4
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41614902

  • Date on Market: 8/8/2026

  • Last Updated:

  • Address: 823 E Cucharras St, Colorado Springs, CO 80903

Contact the Sale Advisor

823 E Cucharras St - 823 E Cucharras – Modern Downtown Fourplex

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