Spacious two-story unitsLarger unit sizesFunctional layout
We are pleased to present the opportunity to acquire 6727 Dale Rd, a well-maintained, townhome-style fourplex in Colorado Springs. The property features spacious two-story units and a consistent history of capital improvements, offering investors a balanced profile of in-place stability and value-add potential.
The asset consists of four 2 bed / 1.5 bath units, each approximately 1,138 square feet, providing a highly functional layout that appeals to long-term tenants and competes favorably against smaller, stacked apartment product.
Interior renovations have been completed throughout the ownership period, though finish levels vary by unit. Unit 6727 Dale Rd underwent a full renovation in 2025 and represents the highest quality interior, while the remaining units offer additional upside through continued upgrades and rent growth.
Ownership has completed several key capital improvements, including a roof replacement in 2019, full balcony replacements since 2023, and updated electrical panels. These upgrades reduce near-term capital expenditure needs and allow a buyer to focus on executing an interior value-add strategy.
In addition to interior upside, the property presents an opportunity to implement a utility bill-back system (RUBS), allowing a future owner to recapture a portion of operating expenses and further enhance net operating income.
With its townhome-style configuration, larger unit sizes, multiple avenues for NOI growth, and clear path to increased rents, 6727 Dale Rd presents an attractive opportunity for investors seeking both durability and upside.
*****CONTACT ANDREW STEPHENS, THE LISTING AGENT, FOR ANY ADDITIONAL INFORMATION at (720) 496-8868 or astephens@moduscommercial.com*****
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Zillow last checked:
Listing updated:
Listed by:
Nik MacCarternmaccarter@moduscommercial.com,
MODUS Real Estate
Source: REcolorado as distributed by MLS GRID,MLS#: 8718070
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Heating
Forced Air
Cooling
None
Features
Has basement: No
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 4,553
Total interior livable area: 4,553 sqft
Finished area above ground: 4,553
Property
Parking
Total spaces: 6
Details: Off Street Spaces: 6
Features
Levels: Two
Stories: 2
Exterior features: Balcony, Private Yard
Details
Parcel number: 5407407013
Zoning: RM-30 CAD-
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Wood Siding
Condition
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Community & HOA
Community
Subdivision: Harmony Hills
HOA
Has HOA: No
Location
Region: Colorado Springs
Financial & listing details
Price per square foot: $171/sqft
Tax assessed value: $632,041
Annual tax amount: $2,617
Date on market: 4/30/2026
Listing terms: Conventional
Ownership: Individual
Estimated market value
Zestimate®
$752,100
Estimated sales range
$714,000 - $790,000
Rent Zestimate®
$1,321/mo
Price history
Date
Event
Price
6/17/2026
Pending sale
$780,000$171/sqft
Source: REcolorado as distributed by MLS GRID #8718070Report a problem
4/30/2026
Listed for sale
$780,000+169%$171/sqft
Source: REcolorado as distributed by MLS GRID #8718070Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.