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USACOColorado Springs1518 N Wahsatch Avenue
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1518 N Wahsatch Avenue, Colorado Springs, CO

House

For Sale

Listed price in listed location currency (USD).
$1,050,000

0014

MLS® 9481962

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $1,501
Days Active 0
Lot Size 
Approx. Age 1899
MLS® Number 9481962

Property Address: 1518 N Wahsatch Avenue, Colorado Springs, CO, 80907

Average square foot calculated using Size range provided by listing agent.

Description

1518 N Wahsatch Avenue is a centrally located multifamily investment opportunity positioned within the highly desirable Old North End. The property benefits from strong renter demand driven by its proximity to Downtown Colorado Springs, Colorado College, major employment centers, and recreational amenities throughout the urban core. The surrounding neighborhood offers a blend of historic charm, walkability, and access to dining, retail, and outdoor recreation that continues to attract young professionals, students, military-affiliated tenants, and long-term residents. The area has experienced ongoing residential and mixed-use investment activity as population growth and housing demand continue to support rental fundamentals across the city. This 7-unit property features a desirable unit mix of (5) two bed and (2) one bed units. This is a rare downtown asset on a large 16, 000 SF lot with off street parking and additional garage spaces for tenants. The property has been self-managed for over 30+ years and presents operational upside through recapturing $150+ rental premiums on the flexible month-to-month leases day one. Investment Highlights: -Premier Downtown location blocks from Colorado College with walkability to Downtown Colorado Springs -Operational value add with current rents providing $150-$250 premiums as the flexible leases turn -Well maintained legacy asset with long-term attentive owners -Desirable unit mix of primarily 2 bedroom units -Rare opportunity to acquire a Downtown asset with large lot, off street parking, and 6 garages
MLS® Number9481962
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1899
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$1,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
1518 N Wahsatch Avenue, Colorado Springs, CO

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