Verrado AZ Multi-Family Real Estate, Homes for Sale

One-of-a-kind opportunity to own a vacant multi-family lot with a possibility of 10 units within the acre. Just within 5-minute proximity to the Raptor Ranch, the airport, the gas station, glamping domes. Located just 30 minutes south of the Grand Canyon South Rim.

131 Walnut Road, Williams

Courtesy of Grand Canyon Realty. 480-525-0031

$399,999

2819731 MLS

Discover the possibilities! Come explore this versatile duplex offering an excellent opportunity for investors or buyers looking to offset their housing costs with rental income. With two separate living units, this property offers flexibility to live in one and rent or Airbnb the other, rent both units, or create an arrangement that fits your needs. The upper unit features three bedrooms and one bathroom with an inviting layout and thoughtful updates throughout. The upgraded kitchen (2018) is a standout, featuring granite countertops, stainless steel appliances, a gas range, tile backsplash, full-height upgraded cabinets, and a convenient combo washer/dryer. The living room features wood floors and provides a comfortable, functional space for everyday living and entertaining. Three bedrooms and an updated 3/4 bathroom complete the upper level, offering plenty of room for a household, roommates, guests, or a dedicated work-from-home space. The lower unit has its own private entrance through the backyard and offers a living room, kitchen, one bedroom, and an updated 3/4 bathroom, along with an in-unit washer and dryer/storage room. The separate layout creates excellent flexibility for a tenant, guest space, or additional income-producing use. Outside, the property continues to deliver with a detached 2-car garage, providing secure off-street parking and valuable storage. The private shared backyard offers a comfortable outdoor space to enjoy the Colorado sunshine, entertain, or let pets stretch their legs. With two distinct units, an updated and spacious upper level, a separate lower living space, detached garage, and flexible income potential, 1310 E Columbia Street is a property that can adapt to your goals. Even more stay cool with forced air A/C! Whether you're looking to house-hack or expand your rental portfolio, this home offers updates, flexibility, and opportunity.

1310 E Columbia St, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$579,999

3185344 MLS

Nestled high on the mountain in picturesque Cascade, this breathtaking home offers panoramic 360° views of Colorado’s Front Range that will leave you speechless. With wraparound decks and soaring vaulted ceilings, every inch of this home is designed to highlight its unbeatable location—giving the sensation that you're floating above it all. Natural light floods the home through expansive windows, offering unobstructed views from nearly every room. Enjoy coffee at sunrise and wine at sunset without ever leaving the comfort of your home. Inside, you’ll find a thoughtfully designed layout featuring spacious living areas, a brand-new Samsung washer/dryer and range, and an electric sauna perfect for winding down after a day of adventure. The property is ideally located just minutes from Barr Trail and Pikes Peak—making it a dream for hikers, skiers, and nature lovers. You're only 10 minutes from I-25 and downtown Colorado Springs, or a 2-hour scenic drive to world-class skiing in Breckenridge. Did we mention it already has built-in storage for ski equipment? Whether you're looking for a private mountain retreat, a primary residence, or a high-end short-term rental, this property checks every box.

4440 Prairie St, Cascade

Courtesy of Mont Haus International Realty.

$629,000

2669587 MLS

An exceptional opportunity for investors, house hackers, first-time buyers, or anyone looking for a home that can help offset the cost of ownership! Located in Colorado Springs' desirable Westside, this unique property is currently operating as a short-term and mid-term rental and is configured as two separate living spaces. The main level features 2 bedrooms, a full bathroom, comfortable living space, updated kitchen with stone countertops, laundry, and access to the covered deck and backyard. Downstairs, the fully finished walkout basement offers 2 additional bedrooms, a 3/4 bathroom, second kitchen, living room, laundry, and separate exterior access—creating excellent flexibility for guests, extended family, or continued rental use. For buyers looking to get into homeownership, the layout creates a compelling option to live in one portion of the home while renting the other to generate additional income and potentially offset monthly housing expenses. Investors can continue utilizing both spaces as income-producing rentals, offering multiple ways to make the property work for your goals. Just minutes from historic Old Colorado City and Downtown Colorado Springs, enjoy convenient access to restaurants, local shops, breweries, galleries, entertainment, and year-round events. Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Colorado College, and abundant outdoor recreation are also within easy reach. Both units are currently being utilized as rentals, with stays commonly extending approximately one month at a time. A professional STR competitive analysis is available for buyers interested in exploring the property's income potential. The seller is also open to including furnishings depending on the offer. This Westside home offers a rare combination of versatility, location, and existing rental use.

411 Olive St, Colorado Springs

Courtesy of Mont Haus International Realty.

$399,000

9158622 MLS

Exceptional investment or house-hacking opportunity just 5 minutes from Downtown Colorado Springs! This versatile property is fully updated and configured for dual-living flexibility, featuring completely separate entrances for both the main level and lower level. The bright main level offers 2 bedrooms and 1 full bathroom with modern interior finishes. Greeted right away with the central living space, and views of the mountains directly through the window. The kitchen boast beautiful updates and both bedrooms serve as their own retreat in the unit with a full bath between. The lower level features an independent 1 bedroom, 1 full bathroom unit ideal for rental income or multi-generational living. Major capital improvements provide complete peace of mind, including a new roof installed last year, a newly relined sewer line, and all HVAC systems under 5 years old. All furniture is negotiable! Situated on a generous lot with plenty of outdoor space and quick access to downtown dining, shopping, and major corridors, this turn-key property is ready for an investor seeking strong cash flow or an owner-occupant looking for a property with options! Between location, beautiful updates, and peace of mind, this property has it all!

720 S Prospect St, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$550,000

8 Beds ⋅ 4 Baths ⋅ 7077446 MLS

1022 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1022 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$550,000

8 Beds ⋅ 4 Baths ⋅ 7077428 MLS

1018 North 22nd Place is a 4-unit, garden-style apartment community built in 1986, featuring a desirable unit mix of 100% two-bedroom, one-bathroom apartments. Each unit is separately metered for electricity and includes ample on-site parking. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, and major freeway access, the asset provides a clear value-add opportunity through interior and exterior upgrades and presents strong upside potential.

1018 N 22nd Place, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$335,000

6381018 MLS

Turn-key Rental Income Property in a quiet neighborhood w/ No HOA! Fab Tenants-Lease expires 5/31/2027. This Single-Level home has been been updated throughout, to include Re-finishing of the Original Solid Hardwood Floors, a New Kitchen, Bathroom w/ Soaker Tub, New Lighting, New Paint, & New Carpet/Tile, and New Hot Water Heater. The Roof was replaced and the Exterior was Painted in 2022! There's even a New Garden Shed in the Large Fenced Backyard. Notice the Apple Tree in the Front Yard, before entering the Home. When entering the home you'll be greeted with a Huge Living Room w/ Newer Vinyl Windows and Views of the Mountain Range. The Living Room opens to the Dining Area & Spacious Kitchen. The Kitchen is equipped with a Gas Range/Oven, Microwave, Dishwasher, Refrigerator, and an Abundance of Cabinets! The Upgraded Countertops, and Stylish Stone Backsplash look amazing with the Modern Black Appliances! The Laundry Room/Mudroom is conveniently located through the door just off the Kitchen/Dining Area, and provides access to the Backyard. The Lot Size is Plenty Big For Entertaining, Gardening, adding another Bathroom, or even a Garage/Carport. The Hallway and 3 Bedrooms all have Original Solid Hardwood Flooring, and are Freshly Painted. *Notice the Views from the 2 Westside Bedrooms! Out front there's plenty of room to Park an RV, Boat, etc. Located near shopping, restaurants, schools, Academy Blvd, I-25 & just minutes from Ft. Carson or the Colorado Springs Airport. Easy to Rent & Manage!

261 Sherri Dr, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$459,000

8524469 MLS

Unique investment opportunity on an almost half-acre, fully fenced cul-de-sac lot! This extensively updated ranch-style property offers two separate living units, providing excellent rental income and flexibility. Unit B features three bedrooms and two bathrooms, while Unit A offers two bedrooms and one bathroom. Each unit has its own living space, kitchen, and washer/dryer hookups. Both units are currently occupied by reliable tenants and generating strong rental income. Recent updates include newer Luxury Vinyl Plank flooring, texture and paint, upgraded bathrooms and fixtures, appliances, doors, and lighting. The property also features two newer furnaces and two newer water heaters. Exterior improvements include newer roofs on all three structures, updated vinyl windows, and an oversized 24' x 30' detached garage with new wiring. Conveniently located near Fort Carson, with easy access to major roadways, dining, shopping, and entertainment. A rare opportunity to own an updated, income-producing property with two separate units, a large lot, and an oversized detached garage.

1130 Valley Manor Ct, Colorado Springs

Courtesy of Springs Real Estate Brokers, LLC. 719-360-8976

$625,000

4708764 MLS

Investor Opportunity: VRBO license is active and can be renewed. Contact agent for financial information. Homeowner has operated this property as a licensed VRBO. This home is the perfect blend of 1920s charm and modern convenience in this beautifully updated ranch bungalow located in the historic Old North End. Enjoy the timeless appeal of the covered front porch, perfect for relaxing afternoons. The main level features reconditioned hardwood floors, a spacious living room with a cozy fireplace, a formal dining area, and a stunning kitchen updated with quartz countertops, stainless steel appliances, a gas range, and stylish subway tile. You will find three bedrooms on the main level, along with a full bath and a versatile bonus room ideal for a home office, pantry, or creative studio. The finished lower level provides additional living space with a large family room, a fourth non-conforming bedroom, a 3/4 bath, a laundry room, and newer carpeting. Step outside to your private oasis, featuring a charming backyard with brick patio flooring, a whimsical mural on the detached garage, an outdoor fireplace, and integrated flood lighting for evening ambiance. The yard includes a grass area and irrigation system with a rain collection feature. This property is zoned R-2 which allows for an additional construction or remodel based on city/historic neighborhood criteria. Updated electrical and plumbing, newer water heater, furnace and air conditioning, nest thermostat and ring doorbell. The fantastic location is ideal for walking to get coffee, the Bon shopping center, Monument Valley Park complete with hiking/biking paths and the Patty Jewett golf course. Penrose Hospital is near by and access to downtown and I-25 is simple.

216 E Fontanero St, Colorado Springs

Courtesy of Michelle E Grove Reiland.

$570,000

1925448 MLS

This charming remodeled adobe-style home captures turn of the century charm while featuring all the modern conveniences. The property boasts a 560 sf detached Accessory Dwelling Unit (ADU) rented through 03/26 with separate fenced yard and parking. Centrally located within minutes to Downtown, Monument Valley Park and walking/bike trails. Perfect for Investor or Owner Occupant. The main house features tall ceilings, hardwood floors and open living areas. There are 2 bedrooms, 2 bathrooms, and a finished basement. Enjoy a fully remodeled interior with hardwood floors throughout, vintage brick wood burning fireplace, custom kitchen featuring leathered granite countertops, stainless steel appliances, modern cabinetry and renovated bathrooms. The remodeled main bathroom blends old world charm with modern fixtures. An additional powder room provides added convenience. Step outside to an outdoor oasis with two patios, covered front porch, storage shed, oversized workshop and xeriscaped yard that is fully fenced. The yard features perennial gardens, fruit trees and bushes. With vaulted ceiling and an open floor plan, the well appointed 560 sf ADU offers an additional 1 bedroom (non-conforming), 1 bathroom with in unit laundry and a private patio. The separate unit has a mini-split heating/cooling system, stainless steel appliances, some LVP flooring, herringbone backsplash, and a spacious bathroom. There is a NEW oversized workshop, NEW concrete walkway, driveway and patio to ADU in 2023, NEW gutter on main house, NEW Radon Mitigation System in 2023, NEW xeriscaped yard, NEW fence, New refrigerator, dishwasher, oven and washer/dryer in 2023, New ADU backsplash

505 N Spruce St, Colorado Springs

Courtesy of Jaxsun Properties. (719) 632-6221

$615,000

8 Beds ⋅ 8 Baths ⋅ 7077007 MLS

Investment opportunity 4 plex with 2 tenants in place. This well maintained property has 4 units, each unit has 1,070 sq feet with 2 full bedrooms and 2 full baths with washer and dryer in each unit. There are 2 units upstairs, 2 units downstairs. All units have central AC, Heat Pumps, no gas. Carpet in bedrooms, and tile, with storage closets, a full kitchen with appliances, plenty of parking, easy landscaping.

4410 Buena Loma Way, Sierra Vista

Courtesy of Tierra Antigua Realty, LLC. 520-439-8888

$645,000

8 Beds ⋅ 7 Baths ⋅ 7076952 MLS

Well-maintained fourplex in Palomino Point/Greenway Manor featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom unit. Three units have been completely remodeled recently, while the fourth has been well maintained. Professional management has kept the property in excellent condition. Most appliances have been updated, along with newer HVAC systems in two units. All four units are currently leased, with the next lease expiring 9/30/26 and the longest through 9/27. Current rents offer upside potential, giving a new owner opportunities to increase revenue as leases renew. Drive-by only; please do not disturb tenants.

2808 E Le Marche Avenue, Phoenix

Courtesy of Compass. 480-776-1555

$350,000

8316752 MLS

Cheyenne Mountain views, two updated units, and a location just outside Fort Carson-this duplex checks all the boxes!! Each side features 2 bedrooms, 1 bathroom, and a bright white kitchen, updated finishes, private backyard and patio space, plus attached rear storage. Enjoy beautiful mountain views and convenient access to Fort Carson, shopping, dining, Cheyenne Canon trails, Cheyenne Mountain Zoo, and all that southwest Colorado Springs has to offer. An excellent opportunity for an investor, owner-occupant looking to offset their mortgage with rental income, or those seeking a flexible multi-generational property. Two units, one great location, and plenty of possibilities!

369 S Greensboro St, Colorado Springs

Courtesy of You 1st Realty. 720-949-5525

$599,000

5581460 MLS

INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month, so a new owner can keep the existing tenants, reset rents, or re-tenant on their own terms. A bidirectional exterior sewer cleanout in the backyard makes maintenance access straightforward. Location is a working renter’s commute: minutes from Peterson Space Force Base, with convenient access to the Powers Boulevard corridor, Highway 24, Academy Boulevard, shopping, dining, and everyday services. Whether you want a turnkey fourplex for the rent roll, a long-hold east-side asset, or a property you can operate with low utility complexity, this is a clean, understandable four-unit investment. Schedule your showing today.

1117 Cree Dr, Colorado Springs

Courtesy of Red Dragon Realty, Inc.. 303-800-1914

$449,900

7143611 MLS

Rare turnkey duplex on a 13,300 sq ft corner lot directly across from Memorial Park — one of Colorado Springs' most iconic and high-demand rental locations. This income-producing property features two 2-bed, 1-bath units, each with its own 1-car detached garage, offering immediate cash flow with one side leased and the vacant side ready to lease or owner-occupy. The vacant unit features LVP flooring throughout, an updated kitchen with dishwasher, a great front patio overlooking the park, and stunning Pikes Peak and Front Range views. This duplex has been extensively updated, saving the next owner significant repairs. Recent improvements include a newly installed concrete backyard to prevent water drainage issues, buried electrical lines, new garage doors and openers on both units, new water lines throughout, a newer sewer line, single-pane windows replaced with double-pane, a newer roof and gutters, new LVP flooring on one side in 2026, a new fridge and furnace in unit 1308, and a new fence on the east side. The corner lot offers privacy and great curb appeal. Located directly across from Memorial Park, residents enjoy front-row views of the Labor Day Lift Off, concerts, trails, and community events — a proven rental demand driver. Walking distance to downtown, Colorado College, coffee shops, and restaurants, with easy access to I-25 and Hwy 24. Ideal for portfolio builders, or value-add investors seeking turnkey income with major improvements already handled. Duplexes in this location rarely hit the market — schedule your showing today!

1304 E Pikes Peak Ave, Colorado Springs

Courtesy of MB-Brunk and Brunk Inc. 719-592-9700

$1,280,000

12 Beds ⋅ 8 Baths ⋅ 7076583 MLS

Incredible Investment Opportunity in the Heart of Historic Garfield - A rare and highly desirable 4-unit multifamily property nestled in one of Phoenix's most sought-after and culturally rich neighborhoods, the Historic Garfield District. Whether you're a seasoned investor or looking to house-hack your way to financial freedom, this property delivers cash flow with massive upside potential. Each spacious 900 sqft units features 3 bedrooms and 2 full bathrooms, offering a layout that commands top-of-market rents in today's competitive Phoenix rental market. With a projected average rental income of $2,100 per unit per month. Situated in the heart of the Historic Garfield District one of downtown Phoenix's most vibrant , walkable, and character-filled neighborhoods.

1021 E Pierce Street, Phoenix

Courtesy of FSR Realty. 602-826-5566

$1,200,000

14 Beds ⋅ 12 Baths ⋅ 7076522 MLS

Are you ready to make a great Wickenburg investment? Why not start with this 12 unit fully occupied apartment complex? This property features 10-1BD 1BA and 2-2BD 1BA units that have an excellent rental history. There is also onsite laundry room(s) plus detached garages that can be another source of rental income. Financials/P & L available with POF or pre-qualification.

150 Park Street, Wickenburg

Courtesy of Century 21 Arizona West. 928-231-1232

$1,810,000

15 Beds ⋅ 11 Baths ⋅ 7076278 MLS

This is a great opportunity to acquire 3 well maintained, well-appointed quality homes each having a Casita/Rental Unit, in excellent rental locations. All leased to excellent tenants in stable rental area. Strong upside potential with steady rent increases. 1904 W PALM LANE Main: 4 BD / 3 BA / 1,943 SF Casita/Rental Unit: 2 BD / 1 BA / 676SF $3,926/mo current rent 1746 W THOMAS RD Main: 4 BD / 3 BA / 1,770 SF Casita/Rental Unit: 1 BD / 1 BA / 660 SF Main vacant | Casita/Rental Unit $1,350/mo 5532 N 19TH AVE Main: 3 BD / 2 BA / 1,344 SF Casita/Rental Unit: Studio / 1 BA / 345SF $3,715/mo current rent

1904 W Palm Lane, Phoenix

Courtesy of Coldwell Banker Commercial Realty. 630-674-1600

$350,000

4058170 MLS

Discover a well-maintained investment property in the highly desirable Gold Hill Mesa community on the west side of Colorado Springs. This 3-bedroom, 2.5-bath, two-story townhome offers an ideal location just minutes from Old Colorado City, Garden of the Gods, Manitou Springs, downtown Colorado Springs, and convenient I-25 access. Inside, the home is filled with natural light and features hardwood floors throughout the main living areas. The spacious primary suite includes a walk-in closet and private bath with a large walk-in shower, dual vanity, and separate water closet. A two-car attached garage provides secure parking and additional storage. Meticulously maintained by both the owners and tenants, the property has been professionally managed with the same long-term tenants for approximately four years, offering an established rental history and a turnkey opportunity for an investor. An active lease is currently in place through April 30, 2027, and the sale is subject to the buyer assuming the existing lease. Depending on the buyer and tenant’s mutual agreement, there may be an opportunity for the tenants to vacate before the current lease expiration. For investors seeking a professionally managed rental property with established tenants, or those looking for a future opportunity to occupy the home, this Gold Hill Mesa townhome offers a desirable combination of location, condition, and long-term potential. Its proximity to west-side attractions, downtown Colorado Springs, outdoor recreation, dining, shopping, and major transportation routes makes it an appealing addition to a rental portfolio.

1609 Gold Hill Mesa Dr, Colorado Springs

Courtesy of Engel & Voelkers Pikes Peak.

$435,000

3735283 MLS

Built in 1914 and full of character, this 4-bed, 3-bath home offers 2,268 sq ft on a spacious 15,000 sq ft lot in one of the Springs' most walkable neighborhoods. Enjoy updated laminate flooring in the mudroom and kitchen, new carpet in the bedrooms, and a 2-car garage. A standout feature: the electrical and water heater are both set up for three units, offering built-in flexibility for investors or house-hackers alike. Steps from Old Colorado City's shops and restaurants, this is history and opportunity in one address.

3172 W Kiowa St, Colorado Springs

Courtesy of Engel & Voelkers Pikes Peak.

$639,000

11 Beds ⋅ 5 Baths ⋅ 7075484 MLS

A five-unit multifamily investment opportunity in the heart of Phoenix, Arizona. Originally constructed in 1944, the asset features a mix of 1, 2, and 3 bedroom floor plans. Each of the units have been updated within the last few years; however, future ownership will have the opportunity to capture additional upside through continued interior and exterior renovations. The asset is situated with convenient access to Downtown Phoenix, Sky Harbor International Airport, and major transportation corridors including Loop 202 and I-10. The current cap rate is 7.15% and the seller would be open to carrying with 40% down. An offering memorandum including additional photos is available upon request.

2242 E Taylor Street, Phoenix

Courtesy of Matthews Real Estate Investment Services. 310-388-0788

$495,000

6 Beds ⋅ 2 Baths ⋅ 7075313 MLS

Step into the timeless charm of Old Bisbee with this beautifully preserved 1905 home, full of character and opportunity. Offering 2, 315 sq. ft. across two living spaces, it's perfect as a successful Airbnb, income property, multi-generational home, or owner-occupied investment. The upper level features 4 bedrooms, 1 bath, a bonus room, spacious attic, and a brand-new A/C & heating system (installed 6/25/26) with a 10-year warranty. The lower level includes 2 bedrooms, 1 bath, and a proven rental history. (1000.00 a month) Rare garage and driveway parking complete this unique find, just moments from Bisbee's vibrant shops, galleries, and restaurants. Come experience the magic of Bisbee! Investment Dream Home!

416 Tombstone Canyon Canyon, Bisbee

Courtesy of Jimmy Perez Realty. 520-432-2808

$320,000

7040476 MLS

Opportunity awaits! This 3-bedroom, 2-bath tri-level offers 1,718 square feet and is currently being marketed as an investment property with a tenant in place through June 30, 2027. The tenant pays all utilities and is responsible for lawn care. The sale will be subject to the existing lease, and the new owner will be required to honor its remaining terms. The home features a lower-level family room with a wood-burning fireplace and an expansive, private backyard with mature trees and a peaceful, park-like setting. This diamond in the rough is dated and ready for some TLC, including exterior paint and interior updating, but it offers tremendous potential for an investor willing to make future improvements. A great opportunity to acquire an income-producing property with plenty of room to add value!

4927 Palmer Park Blvd, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724

$700,000

1462122 MLS

Incredible investment opportunity on the highly desirable West Side of Colorado Springs! This well-maintained multifamily property features four spacious 750 sq. ft. units, each with 2 bedrooms and 1 bathroom. A rare find, every apartment comes with its own street address, giving tenants added privacy and the feel of single-family living. Each unit is accessed through a secure shared foyer, with the convenience of an on-site laundry room. Tenants enjoy separate storage spaces for added functionality, along with ample parking in a large private lot plus additional street parking. The exterior has been thoughtfully updated with a new roof and paint, while the xeriscaped landscaping offers great curb appeal and low-maintenance care. Located just minutes from Old Colorado City’s shops, restaurants, and farmers market, this income property is perfectly positioned for strong rental demand. Outdoor enthusiasts will love the easy access to Garden of the Gods, Red Rock Canyon Open Space, and nearby trails, while commuters benefit from quick connections to I-25, Downtown Colorado Springs, and major employers. With its prime location, recent upgrades, and desirable features, this Colorado Springs 4-plex is an ideal addition to any real estate investment portfolio.

2545-2551 Willamette Ave, Colorado Springs

Courtesy of Keller Williams Action Realty, LLC. 303-688-8300

$465,000

6 Beds ⋅ 3 Baths ⋅ 7074943 MLS

2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

2140 W Heatherbrae Drive, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$1,300,000

6 Beds ⋅ 6 Baths ⋅ 7074936 MLS

Williams Heritage is a six-unit multifamily community located near Downtown Tempe and Arizona State University. The property comprises two adjacent, separately parceled, single- story triplex buildings situated on approximately 0.38 combined acres. The separate parcels offer the potential for residential financing, providing additional flexibility for qualified buyers. Williams Heritage is strategically located near Downtown Tempe, approximately 1.3 miles from Arizona State University's Tempe campus. The property provides convenient access to Mill Avenue, Tempe Town Lake, Marina Heights, the Novus Innovation Corridor and other major employment, education and entertainment destinations.

601 S Hardy Drive, Tempe

Courtesy of Coldwell Banker Commercial Realty. 630-674-1600

$699,000

4 Beds ⋅ 4 Baths ⋅ 7074894 MLS

NEW FLOORING | NEW WINDOWS | REMODELED BATHROOMS | FRESH INTERIOR & EXTERIOR PAINT | GARFIELD HISTORIC DISTRICT | 3 UNITS | 2 RENTED AT MARKET RATE | HOUSE HACK OPPORTUNITY A rare opportunity in the heart of the Garfield Historic District, this three-unit property offers flexibility for both investors and owner-occupants. The main 2-bedroom, 2-bath residence is currently vacant and features new flooring, new windows, remodeled bathrooms, and fresh interior and exterior paint. Two additional casita units are currently rented at market rate, providing immediate income from day one. For an owner-occupant, this setup creates an ideal house hack opportunity. Live in the main home while collecting rent from the two existing units to help offset the monthly mortgage payment. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.

1005 E Moreland Street, Phoenix

Courtesy of eXp Realty. 480-420-4455

$429,900

7643773 MLS

Turnkey downtown duplex with two separate addresses — (1BR/1BA) & (2BR/1BA) — sitting on a corner lot just blocks from downtown Colorado Springs. Both units are fully leased and cash-flowing, . Units are in solid, well-maintained condition with clean, long-term tenants in place. Each unit offers its own fenced front yard and private garage/storage space at the rear — a rare combination for a downtown property. Unbeatable location just steps from Switchback Coffee Roasters and minutes from Acacia Park, Monument Valley Park, and the restaurants and shops of downtown Colorado Springs. Close proximity to Colorado College and Pikes Peak Community College adds to consistent rental demand. Ideal for an investor seeking immediate income with minimal management, or an owner-occupant looking to live in one unit while renting the other.

904 E Moreno Ave, Colorado Springs

Courtesy of Renjoy Real Estate. (719) 650-7245

$665,000

3610414 MLS

Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2515 Busch Ave, Colorado Springs

Courtesy of Pulse Real Estate Group LLC. 719-399-0000

$665,000

9168098 MLS

Rare opportunity to own a brand-new duplex on Colorado Springs’ highly sought-after Westside with excellent investment potential. Add to your rental portfolio or occupy one residence while renting the other. Each residence features 3 bedrooms and 2 bathrooms with a bright, open-concept kitchen, dining and living area. Rich dark wood cabinetry, stainless steel appliances, generous counter and storage space, durable flooring, shaker-style doors, 5-inch baseboards and contemporary fixtures create a clean, cohesive interior. Large windows provide abundant natural light, while walk-out access leads to private rear concrete patio. Each unit is equipped for a full-size washer and dryer. Built for long-term ownership with 2x6 wall construction, stucco exterior, individually metered utilities, separate 200-amp electrical service, high-efficiency natural gas forced-air furnaces plumbed for future central air, IRC-certified modular design and a fully encapsulated crawl space. Individual metering allows occupants to establish and pay their own utilities. A newly paved driveway provides convenient off-street parking, complemented by attractive landscaping and surrounding foothill and mountain scenery. The Westside location offers convenient access to Old Colorado City, Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Downtown Colorado Springs and the greater Pikes Peak recreation area, placing shopping, dining, entertainment and outdoor recreation within the surrounding area. The development is planned to include four multifamily properties, with two additional properties being constructed next door, creating a unique opportunity for buyers interested in potential expansion through adjacent properties. Brand-new construction, modern finishes, separate utilities, private outdoor space and a desirable Westside location create a versatile opportunity for investors or owner-occupants. Both residences are currently furnished, operated as 30+ day mid-term rentals

2511 Busch Ave, Colorado Springs

Courtesy of Pulse Real Estate Group LLC. 719-399-0000

$600,000

7 Beds ⋅ 4 Baths ⋅ 7074579 MLS

Fully Leased Fourplex with Rental Upside! This well-maintained fourplex features three 2-bedroom/1-bath units and one oversized 1-bedroom/1-bath unit. Recent improvements include three brand-new AC units and new exterior paint. The property currently generates $49,560 in gross annual income ($4,130/month) and is fully leased, providing immediate stabilized cash flow. Two long-term tenants are currently paying below-market rents, creating an excellent opportunity for a new owner to increase rental income over time.

7143 N 66th Drive, Glendale

Courtesy of Compass. 480-776-1555

$700,000

8 Beds ⋅ 4 Baths ⋅ 7074457 MLS

Phoenix 4 plex fully leased and upgraded. All units are 2x1 with laminate flooring throughout and updated bathrooms and kitchens. Units leased at market rate. Parking slabs for easy parking. Individually metered electric. Owner pays for water, sewer, trash, and garbage. Do Not Disturb Tenants. Drive By Only.

1597 W Mountain View Road, Phoenix

Courtesy of HQ Property Services. 714-925-3004

$416,900

4 Beds ⋅ 4 Baths ⋅ 7074366 MLS

*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.

1947 E Raymond Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$389,999

9501221 MLS

Charming 2-Story Gem in Skyview Village – Your Dream Home Awaits! Step into this picture-perfect home that’s brimming with charm and modern features! Nestled in the sought-after Skyview Village, this home offers a perfect blend of comfort, convenience, and style. As you walk in, you’ll be greeted by a delightful entryway cubby—a perfect spot to kick off your shoes and hang up your coat after a long day. The main level boasts an open layout featuring luxury vinyl plank floors, a cozy living room with stunning mountain views, a spacious dining area, and a stylish kitchen. Kitchen Highlights: - Quartz countertops - Tile backsplash - Sleek stainless steel appliances. Upstairs, the thoughtful design continues with three spacious bedrooms, including a serene primary suite, and two full bathrooms. Laundry is a breeze with the second-floor laundry room—no more lugging baskets up and down stairs! This home’s location offers unmatched privacy with no neighbors to the south, providing extra parking, open space, and more of those breathtaking mountain views. Why You’ll Love It Here: - Minutes from military bases, shopping, schools, and restaurants - Easy access to I-25 for stress-free commuting - Gorgeous westward views of the Rockies Don't miss your chance to own this adorable home. Schedule your tour today and experience Skyview Village living at its finest!

2940 Magic Carpet Loop, Colorado Springs

Courtesy of Tina Dewey Homes Realty.

$625,000

4777369 MLS

A rare income opportunity in the heart of Colorado Springs, this well-maintained 1994 duplex offers two spacious 3-bedroom, 1.5-bath units, each with its own attached 1-car garage. In addition to the duplex itself, the property includes a large RV garage/shop, creating a valuable secondary revenue stream. Whether leased for RV storage, contractor use, hobby space, or general warehousing, this versatile structure significantly enhances the property’s income potential and broadens its appeal to a wider range of renters. With a steady rental history and long-term tenant appeal, this property delivers reliable cash flow and low-maintenance ownership. Both units feature functional layouts, generous living spaces, and outdoor areas. The duplex sits in a central Colorado Springs location, close to major employers, shopping, parks, and transit—making it highly desirable for renters seeking convenience and comfort. Whether you’re expanding your portfolio or securing your first investment, this property combines strong rental performance with enduring neighborhood demand.

4620 Park Vista Blvd, Colorado Springs

Courtesy of PB Signature Group, LLC. (719) 622-6272

$700,000

8 Beds ⋅ 4 Baths ⋅ 7073941 MLS

Excellent opportunity to own a 4-unit income-producing property with renovations completed approximately 4-5 years ago. The property offers four separate units, providing multiple income streams and strong potential for long-term investment. The renovations add appeal for investors looking for a property with improvements already completed, while still offering potential for future rental growth and appreciation. Conveniently located near shopping, dining, transportation, schools, and everyday amenities, making it an attractive option for tenants. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a multi-unit property with income potential, this fourplex is an opportunity worth considering.

3411 W Fillmore Street, Phoenix

Courtesy of HomeSmart Realty. 602-230-7600

$550,000

7 Beds ⋅ 4 Baths ⋅ 7073538 MLS

Great investment opportunity in Glendale! This well-maintained triplex features three units with a desirable mix: a spacious 4-bedroom/2-bath, a 2-bedroom/1-bath, and a 1-bedroom/1-bath. Property was updated in 2022 and features laminate flooring throughout. Excellent opportunity for an investor looking to add a multifamily property to their portfolio.

6706 N 55th Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$550,000

4 Beds ⋅ 3 Baths ⋅ 7073514 MLS

Great investment opportunity in Glendale! All 3 units currently rented. This well-maintained triplex features two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Remodeled in 2021 with new laminate flooring and fresh interior paint completed in 2026. Conveniently located near shopping, dining, schools, and major transportation routes. A great addition to any rental portfolio! Ability to add one additional unit.

6807 N 61st Avenue, Glendale

Courtesy of Gentry Real Estate. 480-750-9910

$600,000

2712644 MLS

Rare opportunity to acquire an established income-producing mobile home park on 46.17 acres in El Paso County, just 16 miles east of Colorado Springs. The property features an established 8-lot mobile home park situated on approximately 5 acres, with 7 of the 8 lots currently occupied and generating lot rental income. All mobile homes are privately owned by the tenants, allowing the property owner to benefit from lot rental income without ownership or maintenance of the individual homes. The 8th lot is currently vacant, providing an opportunity to add another tenant and increase rental income or potentially accommodate an owner or on-site manager. Each homesite includes its own storage shed, and mature trees throughout the park provide privacy and an established residential setting. Two wells serve the mobile home park and support the existing infrastructure and current occupancy. Beyond the park, the property includes approximately 41 additional fenced acres zoned A-35, providing a substantial additional asset with potential for agricultural, livestock, grazing, equine, or other permitted uses, subject to applicable El Paso County regulations. This unique combination allows an investor to acquire an established rental operation while also controlling significant surrounding acreage with additional use and long-term value potential. The property is conveniently located near major employment centers and military installations, including Peterson Space Force Base and Schriever Space Force Base, with Fort Carson approximately 35 minutes away. Everyday conveniences, including a gas station, restaurant, bank, and grocery store, are approximately 1.7 miles away, with Ellicott schools also nearby. Falcon and additional shopping, dining, and services are approximately 35 minutes away. With 7 income-producing lots, tenant-owned homes, an available 8th lot, existing water infrastructure, and more than 41 additional fenced acres, this property presents a distinctive opportunity for an investor seeking an established small mobile home park with additional land and future income potential. This property is being sold in compliance with Colo. Rev. Stat. § 38-12-217. Adjacent 44-acre property with a 5-bedroom, 3-bath, 3,475 sqft home also available (MLS #8190120). Purchase both to create an expansive nearly 90-acre estate.

n/a N/A Bunny View, Calhan

Courtesy of Pink Realty Inc. 719-888-7465

$270,000

7960085 MLS

Two REMODELED houses on one lot. An exceptional dual-living investment opportunity, this property features two fully remodeled, turnkey homes on a single lot, each complete with its own large, separately fenced private yard. The spacious 3-bedroom, 1-bathroom main home (960 sq ft) boasts a charming covered front porch and a full unfinished cellar. In 2024 improvements to the main house included a new roof, electrical system, sewer line, water heater, and windows. The cozy 1-bedroom, 1-bathroom detached cottage (357 sq ft) includes a new furnace (2024), making it an ideal rental or guest space. Both residences were completely updated in 2024 with durable Luxury Vinyl Plank flooring, modern light fixtures, upgraded bathrooms with custom tile, and designer kitchens equipped with Quartz countertops, semi-custom cabinetry, modern backsplashes, and stainless steel appliances. The cottage is currently rented on a month to month basis.

1821 E 15th St, Pueblo

Courtesy of Jaxsun Properties. (719) 632-6221

$1,299,000

4 Beds ⋅ 4 Baths ⋅ 7072928 MLS

Newly Built & Stabilized Phoenix Fourplex - Turnkey Investment Opportunity Exceptional opportunity to acquire a newly built, occupied fourplex completed in 2024. The property consists of four spacious 2-bedroom, 2-bathroom residences, each approximately 930 square feet, offering a modern multifamily product with minimal near-term capital expenditure. Each unit features an open and functional floor plan, contemporary finishes, upgraded kitchens with modern cabinetry and countertops, stainless steel appliances, spacious bedrooms, two full bathrooms, and in-unit stacked washer and dryer. Large windows provide abundant natural light throughout each residence. Unlike much of the surrounding fourplex inventory, this property offers investors the advantages of newer construction.

1306 E Purdue Avenue, Phoenix

Courtesy of ProSmart Realty. 480-540-2213

$650,000

7342158 MLS

Well-maintained side-by-side duplex featuring two spacious 1,328-square-foot units. Each unit offers two bedrooms, a non-conforming 3rd bedroom or office, two bathrooms, an open living and dining area, a gas fireplace, in-unit laundry, and an attached two-car garage. Large windows provide abundant natural light and mountain views. Both units include private entrances and outdoor living spaces with decks overlooking the landscaped hillside. Interior features include updated flooring, generous bedrooms, ample storage, and functional kitchens with breakfast-bar seating. One unit features an updated kitchen and a primary bathroom with dual sinks and a walk-in shower. The property has a stucco exterior, four total garage spaces, and 2,656 finished square feet.

2626 W Pikes Peak Ave, Colorado Springs

Courtesy of Livingood Realty.

$2,800,000

10 Beds ⋅ 8 Baths ⋅ 7072919 MLS

A rare multifamily investment opportunity in the heart of Phoenix, The Casitas consists of three separate parcels totaling 31,787 square feet near 21st Street and Camelback Road. The property features seven residences across six buildings, including five detached units and one duplex, with studio, one-, two- and three-bedroom layouts. Renovated down to the studs in 2022, each unit offers modern interiors, updated systems, private outdoor space and individually metered utilities. Gated parking and low-maintenance grounds complete the property. Conveniently located near the Biltmore, Arcadia, The Esplanade, shopping, dining, employment centers and major freeways, this turnkey investment provides strong rental income with compelling long-term potential.

4324 N 21st Street, Phoenix

Courtesy of Real Broker. 480-359-6519

$450,000

2999010 MLS

Beautiful brick ranch in Audubon Gardens offering two separate living spaces and a unique opportunity for house hacking, multigenerational living, or an investment property. The main level features real hardwood floors, an open living and dining area with fireplace, and an updated kitchen with newer cabinetry, granite countertops, a large island, stainless steel appliances, and a gas range. Three bedrooms and two bathrooms complete the main level. The finished basement includes a full kitchen, spacious living area, two large bedrooms, a remodeled bathroom with double sinks, and generous laundry and storage space. The home is offered fully furnished, making it a convenient turnkey option. Outside, enjoy a large covered patio, alley access, and plenty of room for additional parking, recreational vehicles, or work vehicles. No HOA or covenants. Conveniently located near downtown, Patty Jewett, Palmer Park, neighborhood parks, and nearby trail systems.

2105 Eagle View Dr, Colorado Springs

Courtesy of Keller Williams Premier Realty. 719-445-0234

$225,000

5592511 MLS

Cozy and affordable, this well-kept 2-bedroom, 2.5-bathroom townhome delivers an exceptional, turnkey addition to your investment portfolio. The property features a highly efficient layout with an entry-level aboveground garage and storage space, moving up to a main level with a comfortable open living area, practical kitchen, and half bath. The top floor houses two private bedrooms and two full baths. Outfitted with durable luxury vinyl plank flooring throughout both the main and upper levels to minimize turnover maintenance, the property is stabilized with a tenant lease firmly in place through January 31, 2027. Enjoy reliable, immediate cash flow with zero vacancy risk upon acquisition, plus the rare long-term security of a quality tenant who has already expressed a strong interest in renewing their lease.

519 Shady Crest Cir, Colorado Springs

Courtesy of Keller Williams Clients Choice Realty. 719-535-0355

$1,300,000

12 Beds ⋅ 29 Baths ⋅ 7072442 MLS

RARE 7-UNIT INVESTMENT OPPORTUNITY in a fantastic central Phoenix location! What truly sets this property apart is its unique configuration--7 total units spread across SIX SEPARATE BUILDINGS, consisting of five detached residences plus one duplex. The unit mix includes five 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing an attractive and versatile rental mix. Situated on an oversized 20,000+ sq. ft. lot, the property offers private outdoor areas, covered parking and the feel of individual residences rather than a traditional apartment complex. Ideally located between Downtown Phoenix and Sky Harbor International Airport with convenient access to major freeways, employment, shopping, dining and entertainment. A unique opportunity to acquire a well-located Phoenix multifam

1801 N 25th Place, Phoenix

Courtesy of Four Peaks Property Management LLC. 480-203-4348

$340,000

4 Beds ⋅ 2 Baths ⋅ 7072368 MLS

Rare 2017 newer construction duplex in Phoenix! This modern, low-maintenance property offers immediate cash flow with minimal upkeep in the high-demand 85007 zip code. Built in 2017, you get peace of mind knowing major systems are newer and reliable. Ideal for a seasoned investor or an owner-occupant looking to live in one unit and rent the other! Each unit features a bright open-concept layout, a functional kitchen with matching appliances, 2 spacious bedrooms, 1 full bathroom, and dedicated private parking. Separate electric meters keep investor overhead low and property management simple. Enjoy an exceptional location just minutes from Downtown Phoenix, schools, parks, and major freeways. Don't miss this turnkey investment opportunity.

1441 S 15th Avenue, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760

$1,700,000

16 Beds ⋅ 14 Baths ⋅ 7072364 MLS

COLTER 9 at 810 E Colter St, Phoenix is a 9-unit value-add condo package in Uptown Phoenix. Built in 1962 with classic mid-century block construction, this asset provides instant cash flow and immense upside near the thriving 7th St & Camelback corridor. THE ASSET: 9 individually parceled units (two 3BR, three 2BR, four 1BR). EXIT: Separate parcels support a portfolio sale or high-margin retail sales. VALUE-ADD: Modernize original interiors to maximize premium rental rates. LOCATION: Walkable to elite dining, light rail, and Madison School District. AMENITIES/HOA: Gated access, pools, covered parking. HOA covers exterior, roofs, water, sewer, and trash.

810 E Colter Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$425,000

8 Beds ⋅ 4 Baths ⋅ 7072342 MLS

Great investment opportunity! Check out this multi unit property in Arizona City, now for sale! Each unit boasts 2 bedrooms, 1 bath, and a sizeable living area w/elegant wood-look flooring, soft carpet in all the right places, and neutral palette throughout. Kitchens come equipped w/plenty of wood cabinetry, granite tile counters, and built-in appliances. Cozy bedrooms w/ample closets and full baths ensure the comfort of your tenants! What are you waiting for? Hurry and act now!

8131 W Serena Drive, Arizona City

Courtesy of Barrett Real Estate. 480-864-2100

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