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$760,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 0.19 Acres
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Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expense fee to tenants for Water, Trash. Ideal for investors looking to expand their portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Rent roll available with accepted contract. The property offers a functional layout across multiple units and is located within Harrison School District 2, with convenient access to local amenities, military installations, major roadways, and employment centers. This property presents a great value-add opportunity with upside potential through rental optimization or owner occupied option.

Full Property Details for 3445 Cochran Dr

General

  • Price: $760,000
  • HOA FEE: $73/month
  • HOA FEE FREQ.: Annually
  • Taxes: $1,814 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MetroList_Colorado
  • MLS ID: 5591151
  • Updated: 9/7/2026
  • Added to Site: 37 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ceiling Fan(s), Laminate Counters
  • Fireplace: Yes
  • Number of Fireplaces: 4
  • Fireplace(s): Family Room, Wood Burning, Family Room, Wood Burning, Family Room, Wood Burning
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Private Yard
  • Porch/Patio/Deck: Front Porch

Parking

  • Total Spaces: 6
  • Parking Features: Asphalt

Location

  • County: El Paso
  • Subdivision: Cochran
  • Driving Directions: From I-25, take exit for Circle Dr and head east. Turn right onto Airport Rd, then left onto Cochran Dr. Property will be on the right.

School Information

  • Elem School District: Harrison 2
  • Midd School District: Harrison 2
  • High School District: Harrison 2
  • Elementary School: Turman
  • Middle School: Carmel
  • High School: Sierra High

Community

  • Association: Yes
  • Assoc. Name: Cochran Subdivision Homeowners Association
  • Assoc. Fees Include: Snow Removal, Trash
  • Pets Allowed: Yes
  • Management Type: Professionally Managed

Heating & Cooling

  • Cooling Type: None, Other
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Internet Access (Wired), Phone Connected

Structural Information

  • Structure Type: Quadruplex
  • Construction: Stucco, Wood Siding
  • Basement: Yes
  • Basement Desc.: Daylight, Finished
  • Roof: Composition
  • Entry Location: Stairs
  • Square Feet: 3,536
  • Sq. Ft. Source: Public Records
  • Living Area: 3,536 Sq. Ft.
  • Year Built: 1984
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size (Sq. Ft.): 8,075
  • Fence: Yes
  • Zoning: PDZ AO
  • Fencing (Description): Partial

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $875
  • Assoc Fee Freq.: Annually
  • Assoc Fee /Annual: $875
  • Operating Expenses: Advertising, Maintenance, Professional Management, Real Estate Tax, Utilities
  • Tax Amount: $1,814
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water

Disclosures and Reports

  • Ownership: Corporation/Trust
  • Special Conditions: None
  • Legal Description: LOT 2 COCHRAN SUBDIVISION COLO SPGS
  • Exclusions: Tenants’ personal property. Any appliances or fixtures owned by tenants. Washer and Dryer appliances in all units.
  • Property ID: 64353-08-233
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 3445 Cochran Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3445 Cochran Dr

School District:Harrison School District 2
NameGradesDistance
Turman Elementary School
3245 Springnite Drive, Colorado Springs, CO 80916
PK-50.3 mi
Carmel Middle School
1740 Pepperwood Drive, Colorado Springs, CO 80910
K-52 mi
Sierra High School
2250 Jet Wing Drive, Colorado Springs, CO 80916
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 3445 Cochran Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,389
32%
$45,600
—
2024
$1,814
—
$45,600
33%
2024
$1,814
14%
$34,170
—
2023
$1,588
21%
$34,170
40%
2022
$1,316
-8%
$24,400
-5%
2021
$1,436
—
$25,650
30%
2021
$1,436
15%
$19,740
—
2019
$1,247
26%
$19,740
31%
2018
$988
31%
$15,050
—
2017
$754
6%
$15,050
13%
2016
$711
—
$13,320
—
2015
$711
6%
$13,320
7%
2014
$672
-7%
$12,450
—
2013
$725
—
$12,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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3445 Cochran Drive, Colorado Springs, CO 80916 (MLS# 5591151) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 3445 Cochran Drive is currently listed for $760,000 and was received on September 07, 2026. This property is listed by Becky Groe from our Colorado Springs Office.Want to learn more about 3445 Cochran 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.

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