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For sale
  • $649,000

    340 Gahart Drive, Colorado Springs, CO 80916

    10beds
    4baths
    3,672sqft
    : 
    $4,021/mo
    Get pre-qualified
    Quadruplex
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $177/sqft
    $-- HOA

    What's special

    Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27
    26 days
    |
    303
    |
    30
    |

    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#: 9848883MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Heating
      • Natural Gas
      Cooling
      • None
      Features
      • Has basement: No
      Interior area
      • Total structure area: 3,672
      • Total interior livable area: 3,672 sqft
      • Finished area above ground: 3,672

      Property

      Parking
      • Total spaces: 8
      • Details: Off Street Spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 6414414008
      • Zoning: R-5 AO
      • 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

      • Sewer: Public Sewer

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $731,789
      • Annual tax amount: $2,307
      • Date on market: 7/17/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Exclusions: All Personal Property Owned By Tenant(S)
      • Ownership: Individual

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Listed for sale$649,000-7.2%$177/sqft
        Source: REcolorado as distributed by MLS GRID #9848883 Report a problem
        8/20/2024Listing removed$699,000+0.1%$190/sqft
        Source: elevateMLS #7401803 Report a problem
        8/20/2021Sold$698,500-0.1%$190/sqft
        Source: Public Record Report a problem
        7/14/2021Listed for sale$699,000+3.6%$190/sqft
        Source: elevateMLS #7401803 Report a problem
        4/3/2021Listing removed--
        Source: Keller Williams Report a problem
        3/19/2021Listed for sale$674,900+85.4%$184/sqft
        Source: Keller Williams #7401803 Report a problem
        7/10/2019Sold$364,000+127.6%$99/sqft
        Source: Public Record Report a problem
        5/14/1996Sold$159,900+24.9%$44/sqft
        Source: Public Record Report a problem
        10/5/1995Sold$128,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,968 +253.4%$49,030
        2023$1,406 -9.8%$49,030 +95.2%
        2022$1,558 $25,120 -4.8%
        2021-- $26,400 +30%
        2020$1,378 +0.5%$20,310
        2019$1,371 +27.4%$20,310 +31.1%
        2018$1,076 -5.3%$15,490
        2017$1,137 +5.6%$15,490 +13.1%
        2016$1,076 +35.5%$13,700
        2015$794 +3%$13,700 +6.9%
        2014$771 $12,810
        2013-- --
        2012-- $14,550
        2011$1,145 $14,550 -25%
        2010-- $19,410
        2009-- $19,410
        2008-- $19,410
        2006-- $19,410 +17.7%
        2004-- $16,490
        2003$963 +3.7%$16,490 -2.6%
        2002$928 -8.5%$16,930 -3.2%
        2001$1,015 $17,490
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Southeast Colorado Springs

        Getting around

        58 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt-Edison Charter School
        • Middle: Swigert
        • 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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