Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.
Pending
Price cut: $15.5K (9/28)
$549,500
4060 Airport Rd, Colorado Springs, CO 80910
8beds
4baths
3,008sqft
Quadruplex
Built in 1971
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
- 122 days
- 353
- 43
Zillow last checked:
Listing updated:
Listed by:
Raphael Shattenkirk 303-877-3852,
HomeSmart
Source: elevateMLS,MLS#: 8176603
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water
Cooling
- Other
Appliances
- Laundry: Coin
Interior area
- Total structure area: 3,008
- Total interior livable area: 3,008 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 8,598 Square Feet
Details
- Parcel number: 6414309048
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- Existing
- New construction: No
- Year built: 1971
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $577,143
- Annual tax amount: $2,038
- Date on market: 6/29/2026
- Listing terms: Cash,Conventional,FHA,Other,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2026 | Pending sale | $549,500$183/sqft |
Source:  elevateMLS #8176603 Report a problem | ||
| 9/28/2026 | Price change | $549,500-2.7%$183/sqft |
Source: elevateMLS #8176603 Report a problem | ||
| 7/9/2026 | Listing removed | $1,150 |
Source: Zillow Rentals Report a problem | ||
| 6/29/2026 | Listed for sale | $565,000+30.8%$188/sqft |
Source: elevateMLS #8176603 Report a problem | ||
| 5/8/2026 | Price change | $1,150+9.5% |
Source: Zillow Rentals Report a problem | ||
| 3/16/2026 | Price change | $1,050-4.5% |
Source: Zillow Rentals Report a problem | ||
| 2/11/2026 | Price change | $1,100-4.3% |
Source: Zillow Rentals Report a problem | ||
| 12/30/2025 | Listed for rent | $1,150+27.8% |
Source: Zillow Rentals Report a problem | ||
| 7/16/2020 | Sold | $432,000+13.1%$144/sqft |
Source: Public Record Report a problem | ||
| 12/28/2018 | Listing removed | $900 |
Source: Stix & Stones Report a problem | ||
| 12/20/2018 | Price change | $900-14.3% |
Source: Stix & Stones Report a problem | ||
| 12/19/2018 | Listed for rent | $1,050 |
Source: Stix & Stones Report a problem | ||
| 12/18/2018 | Sold | $382,000-3.3%$127/sqft |
Source: Public Record Report a problem | ||
| 11/16/2018 | Pending sale | $395,000$131/sqft |
Source: RE/MAX Properties Inc #1591171 Report a problem | ||
| 11/1/2018 | Listed for sale | $395,000$131/sqft |
Source: RE/MAX Properties Inc #1591171 Report a problem | ||
| 10/28/2018 | Pending sale | $395,000$131/sqft |
Source: RE/MAX PROPERTIES, INC #9465270 Report a problem | ||
| 10/23/2018 | Price change | $395,000-1.3%$131/sqft |
Source: RE/MAX PROPERTIES, INC #9465270 Report a problem | ||
| 10/1/2018 | Listed for sale | $400,000$133/sqft |
Source: RE/MAX PROPERTIES, INC #9465270 Report a problem | ||
| 9/26/2018 | Pending sale | $400,000$133/sqft |
Source: RE/MAX PROPERTIES, INC #9465270 Report a problem | ||
| 9/25/2018 | Listed for sale | $400,000+122.2%$133/sqft |
Source: RE/MAX PROPERTIES, INC #9465270 Report a problem | ||
| 11/12/2014 | Sold | $180,000-18.2%$60/sqft |
Source: Public Record Report a problem | ||
| 6/27/2005 | Sold | $220,000-13.7%$73/sqft |
Source: Public Record Report a problem | ||
| 8/4/2004 | Sold | $255,000+21.4%$85/sqft |
Source: Public Record Report a problem | ||
| 3/22/2001 | Sold | $210,000+25.2%$70/sqft |
Source: Public Record Report a problem | ||
| 2/2/2000 | Sold | $167,744+4.2%$56/sqft |
Source: Public Record Report a problem | ||
| 12/2/1997 | Sold | $161,000+18.8%$54/sqft |
Source: Public Record Report a problem | ||
| 5/6/1996 | Sold | $135,500$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,876 -49.5% | $40,690 +8.3% |
| 2024 | $3,714 +147.3% | $37,570 |
| 2023 | $1,501 -9.8% | $37,570 +40% |
| 2022 | $1,665 | $26,830 -4.9% |
| 2021 | -- | $28,210 +30% |
| 2020 | $1,473 +0.5% | $21,700 |
| 2019 | $1,465 +25.4% | $21,700 +29.1% |
| 2018 | $1,168 -5.3% | $16,810 |
| 2017 | $1,233 +5.6% | $16,810 -0.5% |
| 2016 | $1,168 +19.2% | $16,900 |
| 2015 | $980 +6% | $16,900 +10% |
| 2014 | $924 | $15,360 |
| 2013 | -- | -- |
| 2012 | -- | $15,670 |
| 2011 | $1,233 | $15,670 -25% |
| 2010 | -- | $20,900 |
| 2009 | -- | $20,900 |
| 2008 | -- | $20,900 |
| 2006 | -- | $20,900 +10.8% |
| 2004 | -- | $18,860 |
| 2003 | $896 +3.7% | $18,860 +19.7% |
| 2002 | $864 +2.1% | $15,750 +8.1% |
| 2001 | $846 | $14,570 |
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
- 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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