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5535 Tomah Drive

Colorado Springs, CO 80918
  • $699,900
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 2650251
Price Reduced
UPDATED: 104 min ago
$699,900
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of House Hunters, LLC: 719-752-2175.

Description

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Exp Realty Inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-10-09T16:41:32.7.
www.tommydalyhometeam.com/homes/180111528
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5535 Tomah Drive Colorado Springs, CO 80918

  • Price: $699,900
  • Status: Active
  • On Site: 56 Days
  • Updated: 104 min ago
  • ID#: 2650251
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1973
Built
Neighborhood:
Vista Grande Terrace
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.
Exterior Features

Number Of Parking Spaces 0 Roof Composite Shingle Siding Alum/Vinyl/SteelStuccoWood

Interior Features

Accessibility Features Stairs to front entrance Appliances DishwasherOvenRangeRefrigerator Cooling None Fireplace Features None Heating BaseboardRadiant Laundry Features Electric Hook-up Unit Total Baths 4 Unit Total Beds 8

Property Features

Alley Paved Construction Status Existing Listing Terms CashConventionalFHAVA Lot Size 16300 Notices Lead Base Paint Discl Req Property Sub Type Fourplex Sewer Sewer Structure Type Framed on LotFrame Tax Annual Amount 2719.51 Tax Year 2025 Tenant Pays ElectricityWater Utilities Cable AvailableElectricity Connected Water Source Municipal



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Exp Realty Inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-10-09T16:41:32.7.
 
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Tommy Daly Home Team with Exp Realty Inc.
17195 Colonial Park Dr.
Monument CO, 80132
Pikes Peak Multiple Listing Service logo Listing provided courtesy of House Hunters, LLC: 719-752-2175.
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