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For sale
  • $650,000

    1447 Nokomis Drive, Colorado Springs, CO 80915

    8beds
    4baths
    3,106sqft
    : 
    $4,027/mo
    Get pre-qualified
    Quadruplex
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $209/sqft
    $-- HOA

    What's special

    Located in the highly desirable Cimarron Hills area, 1447 Nokomis Drive presents an exceptional multifamily investment opportunity in the heart of Colorado Springs. This well-maintained fourplex offers a total of 3,106 square feet. It features four spacious units, each designed with two bedrooms and one full bathroom, totaling 8 bedrooms and 4 bathrooms throughout the property. Built in 1972, the asset has been thoughtfully cared for and provides a strong combination of functionality, comfort, and long-term investment potential. Conveniently situated just off the Powers corridor, the property offers quick access to major employers, shopping centers, restaurants, schools, and everyday amenities. Each unit benefits from ample natural light and practical floor plans, while the upper-level units enjoy beautiful mountain views and inviting sitting areas near the front entrance. Parking is abundant, with eight total parking spaces located at the rear of the property, in addition to convenient street parking in front. With its desirable location, stable rental configuration, and consistent upkeep, 1447 Nokomis Drive represents an attractive opportunity for investors seeking dependable income potential in a strong Colorado Springs rental market.
    2 days
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    120
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Wagner 417-459-2155 lee.wagner@cushwake.com,

    Cushman & Wakefield

    Source: REcolorado as distributed by MLS GRID,MLS#: 6212298MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Has cooling: Yes
      Appliances
      • Laundry: Common Area
      Features
      • Has basement: No
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 3,106
      • Total interior livable area: 3,106 sqft
      • Finished area above ground: 3,106

      Property

      Parking
      • Total spaces: 4
      • Details: Off Street Spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.26 Acres
      Details
      • Parcel number: 5407102014
      • Zoning: RM-30 CAD-
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Year built: 1972

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Cimarron
      HOA
      • Has HOA: No
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $209/sqft
      • Tax assessed value: $758,870
      • Annual tax amount: $3,192
      • Date on market: 5/22/2026
      • Listing terms: Cash,Conventional,Other
      • Exclusions: Seller(S) Personal Property
      • Ownership: Individual

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/5/2026Listed for sale$650,000-3.7%$209/sqft
        Source: REcolorado as distributed by MLS GRID #6212298 Report a problem
        7/8/2026Listing removed$675,000$217/sqft
        Source: REcolorado as distributed by MLS GRID #6212298 Report a problem
        5/23/2026Listed for sale$675,000-3.6%$217/sqft
        Source: REcolorado as distributed by MLS GRID #6212298 Report a problem
        5/1/2026Listing removed$699,900$225/sqft
        Source: elevateMLS #3977165 Report a problem
        2/24/2026Listed for sale$699,900$225/sqft
        Source: elevateMLS #3977165 Report a problem
        1/21/2026Listing removed$699,900$225/sqft
        Source: elevateMLS #6170670 Report a problem
        11/12/2025Price change$699,900-9.7%$225/sqft
        Source: elevateMLS #6170670 Report a problem
        9/27/2024Listed for sale$775,000+3.3%$250/sqft
        Source: elevateMLS #6170670 Report a problem
        6/6/2022Sold$750,000+2.8%$241/sqft
        Source: Public Record Report a problem
        5/3/2022Listed for sale$729,900+172.9%$235/sqft
        Source: elevateMLS #9469855 Report a problem
        6/2/2004Sold$267,500+11%$86/sqft
        Source: Public Record Report a problem
        7/1/2003Sold$241,000+55.5%$78/sqft
        Source: Public Record Report a problem
        10/10/1995Sold$155,000$50/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,314 +245.2%$50,840
        2023$1,829 -8.5%$50,840 +88.4%
        2022$1,999 $26,990 -4.9%
        2021-- $28,380 +30%
        2020$1,721 +0.4%$21,830
        2019$1,714 +27.9%$21,830 +31.1%
        2018$1,340 -4.6%$16,650
        2017$1,404 +4.8%$16,650 +8.5%
        2016$1,340 +28.3%$15,350
        2015$1,044 +3.7%$15,350 +7%
        2014$1,007 $14,340
        2013-- --
        2012-- $14,790
        2011$1,279 $14,790 -25%
        2010-- $19,710
        2009-- $19,710 -9.2%
        2008-- $21,700
        2006-- $21,700 +68%
        2004-- $12,920
        2003$777 +3.6%$12,920 -2.6%
        2002$750 +8.8%$13,260 +14.4%
        2001$689 $11,590
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Cimarron Hills

        Getting around

        53 / 100
        Somewhat Walkable
        20 / 100
        Minimal Transit
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: McAuliffe
        • Middle: Academy for Advanced and Creative Learning
        • High: Mitchell
        • 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.

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