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Sold for $640,500
    • $640,500

    875 Hathaway Dr, Colorado Springs, CO 80915

    8beds
    4baths
    3,000sqft
    Quadruplex
    Built in 1983
    -- sqft lot
    $644,400 Zestimate®
    $214/sqft
    $1,309 Estimated rent

    Home value

    $644,400

    $612,000 - $683,000

    $1,309/mo

    Zestimate® history
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    $1,309/mo

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    $1,309/mo

    Rent Zestimate®

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    $3,642/mo

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    $3,642/mo

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    What's special

    Ample off-street parkingFour spacious unitsLaundry in each unit
    Welcome to your next property, an exceptional income-producing 4-plex property nestled in the heart of Cimmaron Hills. This well-maintained investment features four spacious units, each with 2 bedrooms and 1 bathroom, Laundry in each unit, designed to meet the needs of today's renters. 1 unit has been fully remodeled for more income from being a rental, other units have been partially remodeled. With ample off-street parking, and a prime location close to major highways, public transportation, shopping, and schools, this property consistently attracts reliable long-term tenants. The common areas and individual unit layouts provide comfortable living spaces, enhancing tenant satisfaction and retention. Offering significant potential for rental income growth and long-term appreciation. This property presents an unparalleled opportunity for investors seeking a stable and profitable addition to their portfolio. Don’t miss your chance to own this turnkey investment in a thriving community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Skip Raynor MRP 719-661-9253,

    Raynor Realty LLC

    Bought with:

    Brandon Smith CRS

    RE/MAX Properties Inc.

    Source: elevateMLS,MLS#: 7509985MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), None
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Electric Hook-up
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Fencing: None
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 5407407034

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding, Framed on Lot
    • Foundation: Slab
    • Roof: Composite Shingle
    Condition
    • Year built: 1983

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Electricity Available

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $214/sqft
    • Tax assessed value: $641,379
    • Annual tax amount: $2,078
    • Date on market: 12/6/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    12/4/2024Sold$640,500+0.8%$214/sqft
    Source: elevateMLS #7509985 Report a problem
    10/21/2024Price change$635,500-0.8%$212/sqft
    Source: elevateMLS #7509985 Report a problem
    10/7/2024Listed for sale$640,500$214/sqft
    Source: elevateMLS #7509985 Report a problem
    9/12/2024Listing removed$640,500-0.8%$214/sqft
    Source: elevateMLS #7509985 Report a problem
    8/27/2024Price change$645,500-0.6%$215/sqft
    Source: elevateMLS #7509985 Report a problem
    8/16/2024Price change$649,500-1.2%$217/sqft
    Source: elevateMLS #7509985 Report a problem
    7/26/2024Price change$657,500+1.2%$219/sqft
    Source: elevateMLS #7509985 Report a problem
    7/20/2024Listed for sale$650,000$217/sqft
    Source: elevateMLS #7509985 Report a problem
    7/11/2024Listing removed--
    Source: elevateMLS #7509985 Report a problem
    5/31/2024Listed for sale$650,000+293.9%$217/sqft
    Source: elevateMLS #7509985 Report a problem
    5/5/2011Sold$165,000-40%$55/sqft
    Source: Public Record Report a problem
    11/18/2004Sold$275,000+13.6%$92/sqft
    Source: Public Record Report a problem
    7/24/2001Sold$242,000+33.7%$81/sqft
    Source: Public Record Report a problem
    2/8/1999Sold$181,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,260 +153%$42,980
    2023$2,079 -8.5%$42,980 +40.1%
    2022$2,273 $30,680 -4.9%
    2021-- $32,270 +30%
    2020$1,957 +0.4%$24,820
    2019$1,949 +27.9%$24,820 +31.1%
    2018$1,523 -4.6%$18,930
    2017$1,597 +4.8%$18,930 +8.5%
    2016$1,523 +28.4%$17,440
    2015$1,187 +3.6%$17,440 +7%
    2014$1,145 $16,300
    2013-- --
    2012-- $16,810
    2011$1,454 $16,810 -25%
    2010-- $22,410
    2009-- $22,410
    2008-- $22,410
    2006-- $22,410 +11.7%
    2004-- $20,060
    2003$1,102 +3.6%$20,060 +6.6%
    2002$1,064 +2.8%$18,820 +8%
    2001$1,036 $17,420
    Find assessor info on the county website

    Neighborhood: Cimarron Hills

    Nearby homes

    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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    Estimated market value
    $644,400
    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
    $644,400

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