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For sale
  • $1,250,000

    5602-5614 Towson Vw, Colorado Springs, CO 80918

    11beds
    12baths
    7,072sqft
    : 
    $7,837/mo
    Get pre-qualified
    Quadruplex
    Built in 2001
    -- sqft lot
    $1,197,100 Zestimate®
    $177/sqft
    $-- 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.
    56 days
    |
    264
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Turner 719-434-0199,

    LIV Sotheby's International Realty CO Springs

    Source: elevateMLS,MLS#: 9091193MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 12
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: 220v in Kitchen, Dishwasher, Dryer, Oven, Refrigerator, Washer
      • Laundry: Electric Hook-up
      Features
      • Basement: Full
      • Number of fireplaces: 4
      • Fireplace features: Four, Gas
      Interior area
      • Total structure area: 7,072
      • Total interior livable area: 7,072 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Lot
      • Size: 5,632 Square Feet
      Details
      • Parcel number: 6316306365

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Stucco, Frame
      • Roof: Composite Shingle
      Condition
      • Existing
      • New construction: No
      • Year built: 2001

      Utilities & green energy

      • Water: Assoc/Distr
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Connected

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $1,092,000
      • Annual tax amount: $3,846
      • Date on market: 6/12/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        $1,197,100

        $1.14M - $1.26M

        $1,262/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$1,250,000+39.7%$177/sqft
        Source: elevateMLS #9091193 Report a problem
        8/12/2020Sold$895,000+58%$127/sqft
        Source: Public Record Report a problem
        9/21/2001Sold$566,300$80/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,613 +132.7%$73,160
        2023$3,272 -9.8%$73,160 +25.1%
        2022$3,628 $58,480 -4.9%
        2021-- $61,490 +9.3%
        2020$3,818 +0.5%$56,250
        2019$3,797 +20.6%$56,250 +24.1%
        2018$3,149 -5.3%$45,310
        2017$3,325 +5.6%$45,310 +8.5%
        2016$3,149 +30.1%$41,750
        2015$2,420 +6%$41,750 +10%
        2014$2,284 $37,950
        2013-- --
        2012-- $37,950
        2011$2,986 $37,950 -25%
        2010-- $50,610
        2009-- $50,610 +0%
        2008-- $50,600 -3.7%
        2006-- $52,550 +17.7%
        2004-- $44,660 -7.8%
        2003$2,054 +1218.6%$48,420 +34.1%
        2002$156 $36,100
        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: 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
        • 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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