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Sold for $692,500
    • $692,500

    311 University Drive, Colorado Springs, CO 80910

    11beds
    7baths
    4,508sqft
    Quadruplex
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $154/sqft
    $2,141 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,141/mo

    Zestimate® history
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    What's special

    This property consists of a total of 5 units including; two 2 bed/2 bath units, two 2 bed/1 bath units & one 3 bed/1.5 bath unit. Two of these units are currently vacant and have all been recently renovated. Current vacancy is due to the renovation, yet this allows the new buyer an opportunity to gain control of the rents of three units upon sale of this property. This property features plenty of off street parking, on site washer & dryer and spacious living areas. The property is also within close proximity to Valley Hi Golf Course and Memorial Park. Call us today to learn more about this great investment opportunity. Please DO NOT use the Showing Time app to schedule showings, call Nic Polaski directly.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,

    Cushman & Wakefield

    Bought with:

    Nic Polaski, 100099164

    Cushman & Wakefield

    Source: REcolorado as distributed by MLS GRID,MLS#: 7234358MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Has basement: No
    Interior area
    • Total structure area: 4,508
    • Total interior livable area: 4,508 sqft
    • Finished area above ground: 4,508

    Property

    Parking
    • Total spaces: 5
    • Details: Off Street Spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 6415401032
    • Zoning: R5 AO
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Brick, Wood Siding
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $154/sqft
    • Tax assessed value: $606,740
    • Annual tax amount: $1,624
    • Date on market: 11/2/2023
    • Listing terms: Cash,Conventional
    • Exclusions: None
    • Ownership: Individual

    Price history

    DateEventPrice
    2/29/2024Sold$692,500-1.1%$154/sqft
    Source: REcolorado as distributed by MLS GRID #7234358 Report a problem
    12/18/2023Pending sale$699,995$155/sqft
    Source: REcolorado as distributed by MLS GRID #7234358 Report a problem
    12/7/2023Price change$699,995-3.4%$155/sqft
    Source: REcolorado as distributed by MLS GRID #7234358 Report a problem
    11/2/2023Listed for sale$725,000+88.3%$161/sqft
    Source: REcolorado as distributed by MLS GRID #7234358 Report a problem
    2/20/2018Sold$385,000+18.5%$85/sqft
    Source: Public Record Report a problem
    8/7/2017Sold$325,000+38.9%$72/sqft
    Source: Public Record Report a problem
    9/25/2014Sold$234,000+26.5%$52/sqft
    Source: Public Record Report a problem
    11/20/2013Sold$185,000+35.5%$41/sqft
    Source: Public Record Report a problem
    10/9/2009Sold$136,500-47%$30/sqft
    Source: Public Record Report a problem
    2/15/2007Sold$257,500$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,051 +149.4%$40,650
    2023$1,624 -9.8%$40,650 +40%
    2022$1,801 $29,030 -4.9%
    2021-- $30,520 +30%
    2020$1,594 +0.5%$23,480
    2019$1,585 +15.8%$23,480 +19.2%
    2018$1,369 -5.3%$19,700
    2017$1,445 +5.6%$19,700 +31.9%
    2016$1,369 +58.2%$14,930
    2015$866 +20.5%$14,930 +25%
    2014$718 $11,940
    2013-- --
    2012-- $11,940
    2011$1,119 $11,940 -37.1%
    2010-- $18,970
    2009-- $18,970
    2008-- $18,970
    2006-- $18,970 +17.7%
    2004-- $16,120
    2003$942 +3.7%$16,120 -2.6%
    2002$908 -11.4%$16,550 -6.3%
    2001$1,025 $17,660
    Find assessor info on the county website

    Neighborhood: Southeast Colorado Springs

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bristol
    • Middle: Holmes
    • High: Doherty
    • 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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    An equal housing lender. NMLS #10287.

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