Date
Details
Price
Change
Source
4/18/2025
Sold
$640,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$725,000
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Property Description
Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.
Full Property Details
Full Property Details for 1065 Magnolia St
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General
- Price: $725,000
- Taxes: $2,315 (2026)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 7340352
- Updated: 4/28/2026
- Added to Site: 27 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 6
- Parking Features: Asphalt
Location
- County: El Paso
- Subdivision: Cragmoor
- Driving Directions: From Interstate 25, take the exit for Fillmore Street and head east. Continue on Fillmore Street for about half a mile, then turn right (south) onto North Nevada Avenue. Drive approximately 0.3 miles and turn left onto East Fontanero Street. Continue east for about 0.2 miles, then turn right onto Magnolia Street. The property at 1065 Magnolia Street will be on your left-hand side.
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Edison
- Middle School: Mann
- High School: Coronado
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Construction: Stucco, Wood Siding
- Roof: Membrane
- Common Walls: 2+ Common Walls
- Entry Location: Exterior Access
- Square Feet: 3,348
- Sq. Ft. Source: Public Records
- Living Area: 3,348 Sq. Ft.
- Year Built: 1971
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,929
- Road Maintenance: Public Maintained Road
- Zoning: R-4
- Fencing (Description): None
Financial Considerations
- Operating Expenses: Insurance, Maintenance, Other, Real Estate Tax, Utilities
- Tax Amount: $2,315
- Tax Year: 2026
- Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 10, SELY 1/2 OF LOT 9 BLK 9 CRESTMOOR PARK
- Exclusions: Seller(s) personal property
- Property ID: 63293-13-031
Listed by Cushman & Wakefield
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Listing agent
— 1065 Magnolia St —
Cushman & Wakefield
Nic.Polaski@cushwake.com,719-238-9074
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1065 Magnolia St
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Colorado Springs, CO 3125 North Hancock Avenue, Colorado Springs, CO 80907 | PK-5 | 0.7 mi |
Mann Middle School 1001 East Van Buren Street, Colorado Springs, CO 80907 | 6-8 | 1.4 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1065 Magnolia St
Tax History
Tax History for 1065 Magnolia St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,964
—
$46,220
18%
2024
$1,964
1%
$39,150
—
2023
$1,944
12%
$39,150
33%
2021
$1,735
11%
$29,400
5%
2022
$1,565
-10%
$27,960
24%
2021
$1,735
14%
$22,610
—
2019
$1,526
10%
$22,610
20%
2018
$1,381
6%
$18,820
—
2017
$1,308
27%
$18,820
6%
2016
$1,031
—
$17,780
—
2015
$1,027
12%
$17,780
17%
2014
$915
-2%
$15,200
—
2013
$930
—
$15,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1065 Magnolia St
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Sold by Your Castle Real Estate Inc
1065 Magnolia Street, Colorado Springs, CO 80907 (MLS# 7340352) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1065 Magnolia Street is currently listed for $725,000 and was received on April 28, 2026. Want to learn more about 1065 Magnolia Street? Do you have questions about finding other Multi-Family real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.