340 Gahart DR, Colorado Springs, CO 80916
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340 Gahart DR, Colorado Springs, CO 80916
340 Gahart DR, Colorado Springs, CO 80916
340 Gahart DR, Colorado Springs, CO 80916
340 Gahart DR, Colorado Springs, CO 80916
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$ 649,000
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340 Gahart DR Colorado Springs, CO 80916

10 Beds

4 Baths

3,672 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $176

Subdivision Eastborough

MLS Listing ID 9848883

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 3,672

Year Built 1972

Annual Tax Amount $2,307

Tax Year 2025

Property Sub-Type Quadruplex

Source recolorado

Property Description

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA.

Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region.

Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets.

Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

Location

State CO

County El Paso

Zoning R-5 AO

Interior

Heating Natural Gas

Cooling None

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Roosevelt-Edison Charter School

Middle Schools Swigert

High Schools Mitchell

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Cushman & Wakefield
Jennifer McManus

Jennifer McManus

Agent | License ID: FA100068841

+1(303) 912-8553

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340 Gahart DR