Date
Details
Price
Change
Source
9/06/2024
Sold
$1,700,000
—
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.
No photo available
$690,000 New to Website
Property Description
33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.
Full Property Details
Full Property Details for 33 University Dr
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General
- Price: $690,000
- Taxes: $1,408 (2022)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 3703452
- Updated: Today (4/16/2026)
- Added to Site: Today
Parking
- Total Spaces: 8
Location
- County: El Paso
- Subdivision: Colorado Springs
- Driving Directions: From I-25, take Exit 140 to S Nevada Ave, head south ~1.5 miles, left on Brookside St, right on University Dr to property on left.
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: Monroe
- Middle School: Holmes
- High School: Doherty
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex
- Construction: Brick, Concrete
- Roof: Shingle, Membrane
- Common Walls: 2+ Common Walls
- Square Feet: 3,111
- Sq. Ft. Source: Public Records
- Living Area: 3,111 Sq. Ft.
- Year Built: 1969
Lot Features
- Zoning: R5 AO
Financial Considerations
- Tax Amount: $1,408
- Tax Year: 2022
- Terms: 1031 Exchange, Cash, Conventional
- Tenant Pays: Electricity, Gas, Trash Collection, Water
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: NLY 8.0 FT OF LOT 28, LOT 29 EX NLY 5.0 FT BLK 19 REPLAT OF BLKS 19, 24, 27, 28, 32 PARK HILL SUB 4
- Exclusions: All tenant(s) personal property.
- Property ID: 64154-01-050
Listed by Cushman & Wakefield
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Listing agent
— 33 University Dr —
Cushman & Wakefield
Nic.Polaski@cushwake.com,719-238-9074
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 33 University Dr
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
Monroe Elementary School 15 South Chelton Road, Colorado Springs, CO 80910 | PK-5 | 0.2 mi |
Jack Swigert Aerospace Academy 4220 East Pikes Peak Ave, Colorado Springs, CO 80909 | 6-8 | 0.7 mi |
Mitchell High School 1205 Potter Drive, Colorado Springs, CO 80909 | 9-12 | 1.3 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 33 University Dr
Tax History
Tax History for 33 University Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,747
—
$44,410
26%
2024
$1,747
1%
$35,240
—
2023
$1,729
11%
$35,240
33%
2021
$1,561
11%
$26,450
5%
2022
$1,408
-10%
$25,160
24%
2021
$1,561
14%
$20,350
—
2019
$1,374
10%
$20,350
19%
2018
$1,253
6%
$17,080
—
2017
$1,187
25%
$17,080
4%
2016
$951
—
$16,410
—
2015
$948
20%
$16,410
25%
2014
$790
-2%
$13,130
—
2013
$804
—
$13,130
—
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 33 University Dr
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- Single Family
- Active
- Updated 2 hours ago
- 4Beds
- 2Total Baths
- 1,591Sq. Ft.
- MLS # 7572890
Listed by Homes of Manitou Springs
- Single Family
- Active
- Updated 4 hours ago
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Listed by Manitou Springs Real Estate LLC
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- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,421Sq. Ft.
- MLS # 6524848
Listed by Exp Realty LLC
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,776Sq. Ft.
- MLS # 2793748
Listed by Remax Properties
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- Lots/Land
- Active
- Updated 22 hours ago
- 0.7Acres
- MLS # 6534274
Listed by Remax Properties
- Lots/Land
- Active
- Updated 22 hours ago
- 0.7Acres
- MLS # 4963270
Listed by Remax Properties
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- Updated 2 days ago
- 3Beds
- 4Total Baths
- 4,001Sq. Ft.
- MLS # 1741645
Listed by Reid Realty, Inc
- Lots/Land
- Active
- Updated 2 hours ago
- 0.7Acres
- MLS # 2080092
Listed by Remax Properties
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- 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
- Multi-Family
- Closed
- 8Total Beds
- 0.25Acres
- MLS # 8164546
Listed and Sold by Cushman & Wakefield
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,204Sq. Ft.
- MLS # 6920929
Listed by Compass - Denver
Sold by Non Mls Participant
Sold by Non Mls Participant
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,012Sq. Ft.
- MLS # 6614102
Listed by Walston Group Real Estate
Sold by Non Mls Participant
Sold by Non Mls Participant
33 University Drive, Colorado Springs, CO 80910 (MLS# 3703452) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 33 University Drive is currently listed for $690,000 and was received on April 16, 2026. Want to learn more about 33 University Drive? 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.