1011–1013 Bennett Avenue presents an exceptional opportunity to acquire a well-positioned, recently renovated multifamily asset in the heart of Colorado Springs, Colorado 80909. The property consists of 4 total units configured as spacious 2-bedroom, 2-bath residences, each averaging 800 square feet, offering a highly desirable layout for today’s renter demand. Located in a strong infill submarket with convenient access to major employment centers, military installations, and downtown Colorado Springs, the asset benefits from consistent rental demand driven by the area’s growing population and diverse economic base. The units feature functional floorplans with modern upgrades throughout, including in-unit laundry, updated interiors with custom fireplace surrounds, LED Lighting and stainless appliances. Reserved, off-street parking is also available, supporting both tenant retention and long-term stability. With its central location and efficient unit mix, this property is well-suited for investors seeking a low-vacancy, income-producing multifamily asset in a supply-constrained rental market.
For sale
Price cut: $30K (6/26)
$699,000
1011 Bennett Avenue, Colorado Springs, CO 80909
8beds
8baths
3,200sqft
Quadruplex
Built in 1985
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
- 88 days
- 212
- 25
Zillow last checked:
Listing updated:
Listed by:
Lee Wagner 417-459-2155 lee.wagner@cushwake.com,
Cushman & Wakefield,
Lee Wagner 417-459-2155,
Cushman & Wakefield
Source: REcolorado as distributed by MLS GRID,MLS#: 5015752
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Air Conditioning-Room
Features
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
- Finished area above ground: 3,200
Video & virtual tour
Property
Parking
- Total spaces: 4
- Details: Off Street Spaces: 4
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 6409124040
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hilltop
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $551,733
- Annual tax amount: $2,215
- Date on market: 6/8/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Seller(S) Personal Property
- Ownership: Individual
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $699,000-4.1%$218/sqft |
Source: | ||
| 6/8/2026 | Listed for sale | $729,000-21.2%$228/sqft |
Source: | ||
| 2/2/2026 | Listed for rent | $1,395 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2025 | Sold | $925,000$289/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,215 +18.1% | $38,890 -3.6% |
| 2024 | $1,875 +18.4% | $40,350 |
| 2023 | $1,583 -9.7% | $40,350 +42.6% |
| 2022 | $1,753 | $28,290 -4.7% |
| 2021 | -- | $29,700 +25.4% |
| 2020 | $1,607 +0.5% | $23,680 |
| 2019 | $1,599 +21.8% | $23,680 +25.4% |
| 2018 | $1,312 -5.3% | $18,880 |
| 2017 | $1,385 +5.6% | $18,880 +3.6% |
| 2016 | $1,312 | $18,230 |
| 2015 | -- | $18,230 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Central Colorado Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Queen Palmer
- Middle: Galileo
- High: Palmer
- District: Colorado Springs 11
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







