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$1,250,000

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • 0.13 Acres
  • 4 Car Garage
  • Updated 9 days ago
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Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park - offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units - three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration - each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination - all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life - making this a truly turnkey asset in a market that rarely sees inventory like it.

Full Property Details for 5602-5014 Towson View

General

  • Price: $1,250,000
  • HOA FEE: $350/month
  • HOA FEE FREQ.: Annually
  • Taxes: $3,846 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MetroList_Colorado
  • MLS ID: 2210794
  • Updated: 6/12/2026
  • Added to Site: 47 day(s) ago

Rental Information

  • Lease/Rent Term: Long Term

Interior

  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Number of Fireplaces: 4
  • Fireplace(s): Gas, Living Room, Gas, Living Room, Gas, Living Room
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: Laundry Closet

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 4

Location

  • County: El Paso
  • Subdivision: University Park
  • Driving Directions: From Academy, go west on Vickers, then south on Saxon to Towson

School Information

  • Elem School District: Colorado Springs 11
  • Midd School District: Colorado Springs 11
  • High School District: Colorado Springs 11
  • Elementary School: Martinez
  • Middle School: Jenkins
  • High School: Doherty

Community

  • Association: Yes
  • Assoc. Name: University Village
  • Pets Allowed: Yes
  • Management Type: Professionally Managed

Heating & Cooling

  • Cooling Type: Central Air, Other
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Gas: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Natural Gas Connected

Structural Information

  • Structure Type: Quadruplex
  • Construction: Frame, Stucco
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Square Feet: 7,072
  • Sq. Ft. Source: Public Records
  • Living Area: 1,768 Sq. Ft.
  • Year Built: 2001

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,631
  • Lot Features: Corner Lot, Irrigated, Landscaped, Level, Near Public Transit
  • Zoning: PDZ
  • Fencing (Description): None

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $4,200
  • Assoc Fee Freq.: Annually
  • Assoc Fee /Annual: $4,200
  • Tax Amount: $3,846
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA Loan
  • Owner Pays: Association Fees
  • Tenant Pays: Electricity, Gas, Other, Water

Disclosures and Reports

  • Ownership: Corporation/Trust
  • Special Conditions: None
  • Legal Description: LOT 47 UNIVERSITY VILLAGE
  • Exclusions: not applicable
  • Property ID: 63163-06-365

Listed by LIV Sotheby's International Realty

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Listing agent

— 5602-5014 Towson View —

  • LIV Sotheby's International Realty

michael@homesbyturner.com,719-434-0199

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Tax History for 5602-5014 Towson View

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,487
-9%
$69,610
—
2024
$3,846
—
$69,610
-5%
2024
$3,846
1%
$73,160
—
2023
$3,807
5%
$73,160
19%
2021
$3,628
11%
$61,490
5%
2022
$3,272
-10%
$58,480
4%
2021
$3,628
-4%
$56,250
—
2019
$3,797
14%
$56,250
24%
2018
$3,325
6%
$45,310
—
2017
$3,149
30%
$45,310
9%
2016
$2,420
—
$41,750
—
2015
$2,411
6%
$41,750
10%
2014
$2,284
-2%
$37,950
—
2013
$2,322
—
$37,950
—
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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NMLS#: 1598647

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Listed by LIV Sotheby's International Realty

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5602-5014 Towson View, Colorado Springs, CO 80918 (MLS# 2210794) is a Multi-Family property with units containing 11 bedrooms and 0 full bathrooms. 5602-5014 Towson View is currently listed for $1,250,000 and was received on May 29, 2026. Want to learn more about 5602-5014 Towson View? 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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