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Off market
  • $683,700

    1805 Myakka Way, Colorado Springs, CO 80915

    --beds
    --baths
    3,840sqft
    MultiFamily
    Built in 1980
    -- sqft lot
    $683,700 Zestimate®
    $178/sqft
    $1,573 Estimated rent

    Home value

    $683,700

    $629,000 - $745,000

    $1,573/mo

    Zestimate® history
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    $1,573/mo

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    $3,888/mo

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    $3,888/mo

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    What's special

    Great investment opportunity with potential CAP rate of 9.5%+ . Huge room for rent increases. 2 units leases ending in August and September which makes a great opportunity to raise rents. The other two end in January and February 2018. All units have been updated and unit 1811 has been updated with higher end finishes. The entire building has been re-painted, new roof and windows due to hail storm. Newer fences around backyard are new also. Great location, incredible rental history. These units do not sit vacant long! Landscape is very easy to maintain. Reserved parking space and washer and dryer hook-ups in each unit!!! Utilities paid by each tenant. (One meter, split between each unit.)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Heating
    • Forced air
    Interior area
    • Total interior livable area: 3,840 sqft

    Property

    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 5406419049

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1980

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $705,404
    • Annual tax amount: $6,315

    Price history

    DateEventPrice
    7/7/2017Sold$390,000+21.9%$102/sqft
    Source: 8z Real Estate solds #5bd9496152a3e01abc07ca8ad0c0708c Report a problem
    1/31/2005Sold$319,900+93.9%$83/sqft
    Source: Public Record Report a problem
    5/18/1995Sold$165,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,315 +167%$47,260
    2023$2,365 -5.5%$47,260 +40.1%
    2022$2,502 $33,740 -4.9%
    2021-- $35,490 +30%
    2020$1,931 +0.9%$27,290
    2019$1,915 +28.4%$27,290 +31.1%
    2018$1,491 +0.4%$20,820
    2017$1,485 -0.4%$20,820 +8.6%
    2016$1,491 $19,180
    Find assessor info on the county website

    Neighborhood: Cimarron Hills

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $683,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $683,700