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Sold for $869,000
  • $869,000

    6970 Peyote, Colorado Springs, CO 80919

    8beds
    8baths
    4,088sqft
    Quadruplex
    Built in 1985
    -- sqft lot
    $836,600 Zestimate®
    $213/sqft
    $1,590 Estimated rent

    Home value

    $836,600

    $795,000 - $878,000

    $1,590/mo

    Zestimate® history
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    What's special

    Front and rear entrancesOff-street parkingUpdated windows
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,

    Cushman & Wakefield

    Bought with:

    Nic Polaski, 100099164

    Cushman & Wakefield

    Source: REcolorado as distributed by MLS GRID,MLS#: 2558392MLS Logo

    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: $789,747
    • Annual tax amount: $3,198
    • Date on market: 9/11/2025
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Ownership: Individual

    Price history

    DateEventPrice
    7/17/2026Sold$869,000$213/sqft
    Source: REcolorado as distributed by MLS GRID #2558392 Report a problem
    6/23/2026Pending sale$869,000$213/sqft
    Source: REcolorado as distributed by MLS GRID #2558392 Report a problem
    2/18/2026Price change$869,000-1.1%$213/sqft
    Source: REcolorado as distributed by MLS GRID #2558392 Report a problem
    10/29/2025Price change$879,000-1.1%$215/sqft
    Source: REcolorado as distributed by MLS GRID #2558392 Report a problem
    9/11/2025Listed for sale$889,000+7.8%$217/sqft
    Source: REcolorado as distributed by MLS GRID #2558392 Report a problem
    10/13/2021Sold$825,000+81.3%$202/sqft
    Source: Public Record Report a problem
    8/11/2017Sold$455,000+28.2%$111/sqft
    Source: Public Record Report a problem
    5/9/2017Sold$355,000+6.9%$87/sqft
    Source: Public Record Report a problem
    4/20/2005Sold$332,000+67.7%$81/sqft
    Source: Public Record Report a problem
    3/12/1996Sold$198,000$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,231 -49.5%$55,680 -10.3%
    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

    Neighborhood: Northwest Colorado Springs

    Nearby schools

    GreatSchools rating
    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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    Estimated market value

    $836,600

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $836,600