PRIME INVESTMENT OPPORTUNITY IN A++ LOCATION. Cushman & Wakefield is pleased to present 6970 Peyote Way, a 4-unit multifamily property in one of the best areas of town, Northwest Colorado Springs. The property features 1,000 sqft two-story townhome style units with two bedrooms and one and a half bathrooms. Each unit has washer/dryer hookups, individually metered gas/electric and front and rear entrances. The property has off-street parking, updated windows, a new roof in 2021 and has seen all four water heaters replaced from 2019-2023.
This west side location provides residents access to major tech employers along west Garden of the Gods Rd, as well short drives to Garden of the Gods and downtown Colorado Springs. The Wilson Ranch Community Park. with an outdoor swimming pool/slide, playground, tennis courts, basketball court, pavilion and open grass fields, sits just across the street. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city.
Pending
$869,000
6970 Peyote, Colorado Springs, CO 80919
8beds
8baths
4,088sqft
Quadruplex
Built in 1985
-- sqft lot
$-- Zestimate®
$213/sqft
$-- HOA
What's special
Front and rear entrancesOff-street parkingUpdated windows
- 311 days |
- 234 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,
Cushman & Wakefield
Source: REcolorado as distributed by MLS GRID,MLS#: 2558392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Laundry: In Unit
Features
- Has basement: No
Interior area
- Total structure area: 4,088
- Total interior livable area: 4,088 sqft
- Finished area above ground: 4,088
Property
Parking
- Total spaces: 6
- Details: Off Street Spaces: 6
Features
- Levels: Two
- Stories: 2
Lot
- Size: 10,035 Square Feet
- Features: Mountainous, Open Space
Details
- Parcel number: 7310406007
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
Condition
- Year built: 1985
Community & HOA
Community
- Subdivision: Oak Valley Ranch
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $213/sqft
- Tax assessed value: $926,121
- Annual tax amount: $3,198
- Date on market: 9/11/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Individual
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Pending sale | $869,000$213/sqft |
Source:  REcolorado as distributed by MLS GRID #2558392 Report a problem | ||
| 2/18/2026 | Price change | $869,000-1.1%$213/sqft |
Source: REcolorado as distributed by MLS GRID #2558392 Report a problem | ||
| 10/29/2025 | Price change | $879,000-1.1%$215/sqft |
Source: REcolorado as distributed by MLS GRID #2558392 Report a problem | ||
| 9/11/2025 | Listed for sale | $889,000+7.8%$217/sqft |
Source: REcolorado as distributed by MLS GRID #2558392 Report a problem | ||
| 10/13/2021 | Sold | $825,000+81.3%$202/sqft |
Source: Public Record Report a problem | ||
| 8/11/2017 | Sold | $455,000+28.2%$111/sqft |
Source: Public Record Report a problem | ||
| 5/9/2017 | Sold | $355,000+6.9%$87/sqft |
Source: Public Record Report a problem | ||
| 4/20/2005 | Sold | $332,000+67.7%$81/sqft |
Source: Public Record Report a problem | ||
| 3/12/1996 | Sold | $198,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,396 +224.6% | $62,050 |
| 2023 | $1,970 -9.8% | $62,050 +76.2% |
| 2022 | $2,184 | $35,210 -4.9% |
| 2021 | -- | $37,020 +29.9% |
| 2020 | $1,934 +0.5% | $28,490 |
| 2019 | $1,923 +16.8% | $28,490 +20.2% |
| 2018 | $1,647 -5.3% | $23,700 |
| 2017 | $1,739 +5.6% | $23,700 +1.3% |
| 2016 | $1,647 +21.4% | $23,400 |
| 2015 | $1,357 +12.7% | $23,400 +17% |
| 2014 | $1,204 | $20,000 |
| 2013 | -- | -- |
| 2012 | -- | $20,000 |
| 2011 | $1,573 | $20,000 -25% |
| 2010 | -- | $26,670 |
| 2009 | -- | $26,670 |
| 2008 | -- | $26,670 |
| 2006 | -- | $26,670 -3.6% |
| 2004 | -- | $27,660 |
| 2003 | $1,382 +3.7% | $27,660 +13.9% |
| 2002 | $1,332 +2.1% | $24,290 +8.1% |
| 2001 | $1,305 | $22,480 |
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: Northwest Colorado Springs
Nearby schools
GreatSchools rating
- 6/10Trailblazer Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Holmes Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10Coronado High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Trailblazer
- Middle: Holmes
- High: Coronado
- 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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