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For sale
  • Price cut: $10K (7/28)
    $530,000

    325 Bonnie Ct, Colorado Springs, CO 80916

    5beds
    4baths
    2,652sqft
    : 
    $3,321/mo
    Get pre-qualified
    Quadruplex
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Functional low-maintenance interiorsUpgraded deckFreshly updated vacant unitFull-size refrigeratorsAmple cabinet storageShared coin-operated laundry roomLuxury vinyl plank flooring
    Solid income-producing fourplex in Colorado Springs offering an excellent investment opportunity with immediate upside. Three of the four units are currently occupied, while the freshly updated vacant unit is ready for immediate lease or is ideal for an owner-occupant looking to house hack while generating rental income. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit in an up/down configuration, creating a desirable mix of unit sizes that appeals to a broad tenant base. Several units have been updated, and the property offers functional, low-maintenance interiors with carpet, luxury vinyl plank flooring, vinyl flooring in kitchens and baths, electric range/ovens, full-size refrigerators, tub/shower combinations, and ample cabinet storage. Each unit includes its own dedicated storage closet, and tenants enjoy access to a shared coin-operated laundry room for additional owner income potential. Major capital improvements include a new roof installed in 2022 featuring Class 4 impact-resistant shingles, along with an upgraded deck. Tenants currently pay all utilities except lawn care, helping minimize owner expenses. The property also offers ample open parking in the front with additional space available to add parking in the rear if desired. A fully fenced front yard with attractive rock landscaping provides low-maintenance curb appeal, while the wood-frame construction presents cleanly and professionally at an attractive price point. Whether you're expanding your investment portfolio or searching for a property that allows you to live in one unit while collecting rental income from the others, this fourplex offers a compelling combination of cash flow potential, recent improvements, and future upside. Buyer to verify all information, including square footage.
    37 days
    |
    318
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kirk Shillington 720-318-1702,

    RE/MAX Alliance

    Source: elevateMLS,MLS#: 2623084MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Baseboard, Electric
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Oven, Refrigerator
      • Laundry: Coin, Common Area
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,652
      • Total interior livable area: 2,652 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Features
      • Fencing: Front Yard,See Remarks
      Lot
      • Size: 0.25 Acres
      Details
      • Parcel number: 6414406012

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Wood Siding, Frame
      • Foundation: Garden Level
      • Roof: Composite Shingle
      Condition
      • Existing
      • New construction: No
      • Year built: 1971

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Connected, Electricity Available, See Remarks

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $200/sqft
      • Tax assessed value: $564,923
      • Annual tax amount: $2,091
      • Date on market: 6/26/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Price change$530,000-1.9%$200/sqft
        Source: elevateMLS #2623084 Report a problem
        7/21/2026Price change$540,000-1.8%$204/sqft
        Source: elevateMLS #2623084 Report a problem
        6/26/2026Listed for sale$550,000+80.9%$207/sqft
        Source: elevateMLS #2623084 Report a problem
        7/19/2024Listing removed--
        Source: Zillow Rentals Report a problem
        7/4/2024Price change$725-3.3%
        Source: Zillow Rentals Report a problem
        6/27/2024Price change$750-3.2%
        Source: Zillow Rentals Report a problem
        6/13/2024Price change$775-3.1%
        Source: Zillow Rentals Report a problem
        5/23/2024Price change$800-3%
        Source: Zillow Rentals Report a problem
        4/25/2024Listed for rent$825
        Source: Zillow Rentals Report a problem
        4/12/2017Sold$304,000+50.3%$115/sqft
        Source: Public Record Report a problem
        5/16/2016Sold$202,250+20.4%$76/sqft
        Source: Public Record Report a problem
        3/22/2013Sold$168,000+60%$63/sqft
        Source: Public Record Report a problem
        7/19/2010Sold$105,000-30%$40/sqft
        Source: Public Record Report a problem
        7/6/2000Sold$150,000$57/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,744 +147.5%$37,850
        2023$1,513 -9.8%$37,850 +40%
        2022$1,676 $27,030 -4.9%
        2021-- $28,410 +30%
        2020$1,484 +0.5%$21,860
        2019$1,476 +53.1%$21,860 +57.6%
        2018$964 -5.3%$13,870
        2017$1,018 +5.6%$13,870 +13.1%
        2016$964 +35.6%$12,260
        2015$711 +3.1%$12,260 +7%
        2014$690 $11,460
        2013-- --
        2012-- $13,030
        2011$1,194 $13,030 -25%
        2010-- $17,370
        2009-- $17,370
        2008-- $17,370
        2006-- $17,370 +17.7%
        2004-- $14,760
        2003$861 +3.7%$14,760 -2.5%
        2002$830 -2.4%$15,140 +3.3%
        2001$851 $14,660
        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: Southeast Colorado Springs

        Getting around

        50 / 100
        Car-Dependent
        31 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Colorado Springs 11

        Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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