4319 Lashelle Avenue, Colorado Springs, CO 80906 (MLS # 3227506)
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Cushman & Wakefield is pleased to present 4319 Lashelle, a rare opportunity to acquire a fourplex in the heart of Colorado Springs' rapidly appreciating Southside. Nestled just minutes from Fort Carson, major retail corridors, and national grocery chains, this well-positioned property offers both immediate income and long-term upside. This asset benefits from recent capital improvements, including fresh exterior paint and low-maintenance xeriscaping, enhancing curb appeal while reducing ongoing expenses. Each unit is separately metered for electric, and ownership has maintained solid occupancy with long-term tenants. Investors have a clear path to increase value by raising rents to market levels, implementing RUBS for utility reimbursement, and adding coin operated laundry machines to maximize income streams. Off-street parking adds tenant convenience and increases property desirability.
| DAYS ON MARKET | 5 | LAST UPDATED | 5/8/2025 |
|---|---|---|---|
| TRACT | 80906 | YEAR BUILT | 1969 |
| COUNTY | El Paso | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Stratmoor Hills |
|---|---|
| Jr. High School | Fox Meadow |
| High School | Harrison |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Freezer, Microwave, Oven, Refrigerator |
|---|---|
| CONSTRUCTION | Brick, Wood Siding |
| HEAT | Baseboard |
| LOT | 6534 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | 80906 |
| TAXES | 1959 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Nic Polaski, Cushman & Wakefield
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