Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expense fee to tenants for Water, Trash.
Ideal for investors looking to expand their portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Rent roll available with accepted contract. The property offers a functional layout across multiple units and is located within Harrison School District 2, with convenient access to local amenities, military installations, major roadways, and employment centers.
This property presents a great value-add opportunity with upside potential through rental optimization or owner occupied option.
For sale
$760,000
3445 Cochran Drive, Colorado Springs, CO 80916
8beds
4baths
3,536sqft
Quadruplex
Built in 1984
-- sqft lot
$-- Zestimate®
$215/sqft
$73/mo HOA
What's special
- 13 days
- 143
- 4
Zillow last checked:
Listing updated:
Listed by:
Rebecca Groe 719-640-8167 becky.groe719@gmail.com,
Coldwell Banker Realty BK
Source: REcolorado as distributed by MLS GRID,MLS#: 5591151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Range, Refrigerator
Features
- Ceiling Fan(s), Laminate Counters
- Flooring: Vinyl
- Basement: Daylight,Finished
- Number of fireplaces: 4
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 3,536
- Total interior livable area: 3,536 sqft
- Finished area above ground: 1,768
- Finished area below ground: 1,768
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Asphalt
- Details: Off Street Spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Stairs
- Patio & porch: Front Porch
- Exterior features: Private Yard
- Fencing: Partial
Lot
- Size: 8,075 Square Feet
Details
- Parcel number: 6435308233
- Zoning: PDZ AO
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1984
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Phone Connected
Community & HOA
Community
- Subdivision: Cochran
HOA
- Has HOA: Yes
- Services included: Snow Removal, Trash
- HOA fee: $875 annually
- HOA name: Cochran Subdivision Homeowners Association
- HOA phone: 719-493-0312
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $646,706
- Annual tax amount: $1,814
- Date on market: 9/7/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Tenants’ Personal Property. Any Appliances Or Fixtures Owned By Tenants. Washer And Dryer Appliances In All Units.
- Ownership: Corporation/Trust
- Lease term: 12 Months
- Tenant pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2026 | Listed for sale | $760,000+645.1%$215/sqft |
Source:  REcolorado as distributed by MLS GRID #5591151 Report a problem | ||
| 8/9/1994 | Sold | $102,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,814 -42% | $45,600 +33.5% |
| 2024 | $3,130 +137.8% | $34,170 |
| 2023 | $1,316 -8.3% | $34,170 +40% |
| 2022 | $1,436 | $24,400 -4.9% |
| 2021 | -- | $25,650 +29.9% |
| 2020 | $1,286 +3.1% | $19,740 |
| 2019 | $1,247 +65.3% | $19,740 +31.2% |
| 2018 | $754 -23.6% | $15,050 |
| 2017 | $988 +31% | $15,050 +13% |
| 2016 | $754 +6.1% | $13,320 |
| 2015 | $711 +5.7% | $13,320 +7% |
| 2014 | $672 | $12,450 |
| 2013 | -- | -- |
| 2012 | -- | $14,150 |
| 2011 | $1,075 | $14,150 -25% |
| 2010 | -- | $18,860 |
| 2009 | -- | $18,860 |
| 2008 | -- | $18,860 |
| 2006 | -- | $18,860 +17.7% |
| 2004 | -- | $16,020 |
| 2003 | $914 +8.3% | $16,020 -2.6% |
| 2002 | $844 +2.6% | $16,440 +3.3% |
| 2001 | $823 | $15,910 |
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.Climate risks
Neighborhood: Southeast Colorado Springs
Nearby schools
Schools provided by the listing agent
- Elementary: Turman
- Middle: Carmel
- High: Sierra High
- District: Harrison 2
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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