Date
Details
Price
Change
Source
11/20/2020
Sold
$560,000
—
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.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
$635,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Property Description
Cushman & Wakefield is pleased to present 1820 Monterey Rd, a well-located multifamily investment opportunity in Southeast Colorado Springs. The property sits within an established residential neighborhood with convenient access to major thoroughfares like S Academy and I-25. 1820 Monterey Rd is located nearby employment such as Amazon Distribution & Innovation Park, and convenient access to retail & groceries, making it attractive to long-term renters. The asset is comprised of townhome-style units featuring both front and rear entrances, offering added privacy and functionality. Each unit includes a desirable 2-bedroom, 1.5-bath layout, and gas and electric utilities are individually metered, allowing ownership to minimize operating expenses and efficiently manage utility costs. The property has maintained solid occupancy and presents a clear value-add opportunity through rent growth to market levels and value add implementation. Additional features such as off-street parking and recent exterior improvements further enhance tenant convenience and overall property appeal, positioning 1820 Monterey Rd as a stable asset with long-term upside. Please call or text 417-459-2155 with any questions or inquiries.
Full Property Details
Full Property Details for 1820 Monterey Rd
Sign in to view more details. Local MLS Rules require you to be signed in. Not a member yet? Sign up now.
General
- Price: $635,000
- Taxes: $2,158 (2025)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 8164546
- Updated: 2/3/2026
- Added to Site: 18 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 8
Location
- County: El Paso
- Subdivision: Colorado Springs
School Information
- Elem School District: Harrison 2
- Midd School District: Harrison 2
- High School District: Harrison 2
- Elementary School: Monterey
- Middle School: Panorama
- High School: Harrison
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Structure Type: Quadruplex
- Construction: Frame, Stucco
- Roof: Shingle
- Common Walls: 1 Common Wall, 2+ Common Walls
- Square Feet: 4,006
- Sq. Ft. Source: Appraiser
- Living Area: 4,006 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,714
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Corner Lot, Cul-De-Sac
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $2,158
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional
- Owner Pays: Insurance, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Gas, Internet
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 8 SHENANDOAH SUB FIL NO 1 COLO SPGS
- Exclusions: Sellers personal property
- Property ID: 6427211029
Listed by Cushman & Wakefield
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1820 Monterey Rd —
Cushman & Wakefield
Nic.Polaski@cushwake.com,719-238-9074
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1820 Monterey Rd
School District:Harrison School District 2
| Name | Grades | Distance |
|---|---|---|
Carmel Middle School 1740 Pepperwood Drive, Colorado Springs, CO 80910 | K-5 | 0.5 mi |
Monterey Elementary School 2311 Monterey Road, Colorado Springs, CO 80910 | PK-5 | 0.6 mi |
Harrison High School 2755 Janitell Road, Colorado Springs, CO 80906 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1820 Monterey Rd
Tax History
Tax History for 1820 Monterey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,158
16%
$39,950
—
2023
$1,862
11%
$39,950
33%
2021
$1,679
9%
$29,990
5%
2022
$1,538
-8%
$28,520
24%
2021
$1,679
15%
$23,070
—
2019
$1,457
24%
$23,070
29%
2018
$1,173
31%
$17,870
—
2017
$896
6%
$17,870
13%
2016
$843
—
$15,800
—
2015
$843
9%
$15,800
10%
2014
$776
-7%
$14,370
—
2013
$837
—
$14,370
—
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 1820 Monterey Rd
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Active
- Updated 13 hours ago
- 8Total Beds
- MLS # 3318794
Listed by Cushman & Wakefield
- Multi-Family
- Active
- Updated 13 hours ago
- 8Total Beds
- MLS # 5911049
Listed by Cushman & Wakefield
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,288Sq. Ft.
- MLS # 8423499
Listed by Keller Williams Partners
- Single Family
- Active
- Updated 17 hours ago
- 2Beds
- 1Total Bath
- 648Sq. Ft.
- MLS # 6703029
Listed by Land Resource Associates
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,972Sq. Ft.
- MLS # 5056791
Listed by Better Homes and Gardens Real Estate Kenney & Company
- Single Family
- Active
- Updated 9 hours ago
- 2Beds
- 2Total Baths
- 1,295Sq. Ft.
- MLS # 8275441
Listed by Choicepoint Real Estate
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 3Total Baths
- 3,056Sq. Ft.
- MLS # 9093655
Listed by The Cutting Edge
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 4Total Baths
- 2,236Sq. Ft.
- MLS # 9941925
Listed by Exp Realty LLC
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 2Total Baths
- 1,104Sq. Ft.
- MLS # 5833669
Listed by Blue Picket Realty
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,811Sq. Ft.
- MLS # 8194809
Listed by Real Broker, LLC DBA Real
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Closed
- 8Total Beds
- 0.19Acres
- MLS # 6745242
Listed by Real Broker, LLC DBA Real
Sold by Non Mls Participant
Sold by Non Mls Participant
- Single Family
- Closed
- 4Beds
- 2,733Sq. Ft.
- MLS # 7538163
Listed by Justin Critchfield
Sold by Landmark Real Estate, LLC
Sold by Landmark Real Estate, LLC
- Multi-Family
- Closed
- MLS # 1929098
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Sold by Non Mls Participant
Sold by Non Mls Participant
- Single Family
- Closed
- 5Beds
- 3Total Baths
- 3,874Sq. Ft.
- MLS # 4673668
Listed by eXp Realty, LLC
Sold by Non Mls Participant
Sold by Non Mls Participant
1820 Monterey Road, Colorado Springs, CO 80910 (MLS# 8164546) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1820 Monterey Road is currently listed for $635,000 and was received on February 03, 2026. Want to learn more about 1820 Monterey Road? 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.