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For sale
  • $1,250,000

    5602-5014 Towson View, Colorado Springs, CO 80918

    11beds
    12baths
    7,072sqft
    : 
    $8,167/mo
    Get pre-qualified
    Quadruplex
    Built in 2001
    -- sqft lot
    $1,190,800 Zestimate®
    $177/sqft
    $350/mo HOA

    What's special

    Private drivewaySnow removalProfessional grounds maintenanceNew guttersFresh exterior paintStainless steel appliancesHigh-efficiency washers and dryers
    Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.
    46 days
    |
    215
    |
    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Turner 719-434-0199 michael@homesbyturner.com,

    LIV Sotheby's International Realty

    Source: REcolorado as distributed by MLS GRID,MLS#: 2210794MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 12
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Vinyl
      • Basement: Unfinished
      • Number of fireplaces: 4
      • Fireplace features: Gas, Living Room
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 7,072
      • Total interior livable area: 7,072 sqft
      • Finished area above ground: 1,768
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch
      • Fencing: None
      Lot
      • Size: 5,631 Square Feet
      • Features: Corner Lot, Irrigated, Landscaped, Level, Near Public Transit
      Details
      • Parcel number: 6316306365
      • Zoning: PDZ
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Materials
      • Frame, Stucco
      • Roof: Composition
      Condition
      • Year built: 2001

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: University Park
      HOA
      • Has HOA: Yes
      • HOA fee: $4,200 annually
      • HOA name: University Village
      • HOA phone: 719-559-0243
      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $177/sqft
      • Annual tax amount: $3,846
      • Date on market: 6/12/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Corporation/Trust
      • Tenant pays: Electricity, Gas, Other, Water
      • Electric utility on property: Yes

        Estimated market value

        $1,190,800

        $1.13M - $1.25M

        $1,367/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$1,250,000+39.7%$177/sqft
        Source: REcolorado as distributed by MLS GRID #2210794 Report a problem
        8/11/2020Sold$895,000$127/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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: Northeast Colorado Springs

        Getting around

        73 / 100
        Very Walkable
        33 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Martinez
        • Middle: Jenkins
        • 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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