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$625,000
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Property Description
OWNER-OCCUPANT & INVESTOR OPPORTUNITY "¢ FOUR-PLEX "¢ WESTSIDE COLORADO SPRINGS "¢ TWO VACANT UNITS "¢ RECENTLY REMODELED INTERIORS "¢ NEW EXTERIOR PAINT "¢ ON-SITE LAUNDRY INCOME "¢ NEAR GARDEN OF THE GODS Exceptional four-plex opportunity for both owner-occupants and investors in one of Colorado Springs' most desirable locations. Situated on the Westside near Garden of the Gods, Historic Old Colorado City, and Red Rock Canyon Open Space, this property offers immediate income potential, appreciation, and flexible living options. Each unit features a light, bright, open floor plan with 2 bedrooms and 1 bathroom. Two units are currently vacant and available for immediate occupancy, creating a rare opportunity to live in one unit while generating income from the others, or quickly lease the vacant units and maximize cash flow. The vacant units have been recently remodeled and are move-in ready, featuring updated finishes, fresh paint, and updated flooring. The building exterior has also been recently painted, enhancing curb appeal. Additional income is generated through coin-operated on-site laundry. The property has a strong rental history and future upside through rental optimization and continued improvements. Conveniently located near US-24 with quick access to Downtown Colorado Springs, Manitou Springs, Woodland Park, and I-25. Surrounded by shopping, dining, outdoor recreation, and some of Colorado Springs' most iconic attractions. Nearby Amenities: "¢ Historic Old Colorado City "¢ Garden of the Gods "¢ Red Rock Canyon Open Space "¢ Bancroft Park "¢ Uintah Gardens Shopping Center "¢ Quick access to US-24, Downtown Colorado Springs, Manitou Springs, and I-25 Vacant units are available to tour anytime. Call today to schedule a private showing.
Full Property Details
Full Property Details for 2116 Friendship Pl
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General
- Sold For: $625,000
- Taxes: $2,087 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 3884023
- Added to Site: 84 day(s) ago
Interior
- Interior Features: Open Floorplan
- Appliances: Range, Refrigerator
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Parking
- Total Spaces: 16
Location
- County: El Paso
- Subdivision: Friendship Place
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: West
- Middle School: West
- High School: Coronado
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Room Air Conditioning
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex
- Construction: Wood Siding
- Roof: Composition
- Square Feet: 3,630
- Sq. Ft. Source: Public Records
- Living Area: 3,630 Sq. Ft.
- Year Built: 1973
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 8,999
- Zoning: R-5
Financial Considerations
- Tax Amount: $2,087
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Corporation/Trust
- Special Conditions: None
- Legal Description: LOT 6 FRIENDSHIP PLACE SUB
- Exclusions: washer and dryer, tenants personal property
- Property ID: 74024-09-019
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Schools
Schools serving 2116 Friendship Pl
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
West Elementary School 25 North 20th Street, Colorado Springs, CO 80904 | PK-5 | 0.8 mi |
West Middle School, Colorado Springs, CO 1920 West Pikes Peak Avenue, Colorado Springs, CO 80904 | 6-8 | 0.8 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
2116 Friendship Place, Colorado Springs, CO 80904 (MLS# 3884023) is a Multi-Family property that was sold at $625,000 on July 29, 2026. Want to learn more about 2116 Friendship Place? 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.

