Photo 1 of 50

View all 50 photos→

Key Facts

10Beds

4Baths

3,672Sq Ft

1972Year Built

8Garage

$649,000

Active1 days on marketListed July 17, 2026

Request Information

First name

Last name (optional)

Email address

Phone number (optional)

I'd like to (optional)

Message

Consent & Privacy

I have read and agree to the Privacy Policy and Terms of Service.I consent to receive marketing communications from the agent and EXIT Realty, including property updates, market reports, and promotional materials, delivered via email, SMS/text message, and/or telephone (which may use automated technology or prerecorded/artificial voice). Message & data rates may apply. Consent is not a condition of submitting this inquiry. You may opt out at any time by replying STOP to text messages, using the unsubscribe link in emails, or contacting EXIT Realty.

By clicking Submit, you consent to being contacted by the agent regarding this specific inquiry using the contact information you provided.

Scan to view on your phone

Point your phone camera at the code to open this property.
Open on your phone

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

Property Information

Property Type

Residential Income

Year Built

1972

Living Area

3,672 sq ft

Garage Spaces

Parking Spaces

Zoning

R-5 AO

Days on Market

MLS® Listing#

9848883

Property Features

Parking

Off Street

Construction

Frame

Roof

Composition

Utilities

Natural Gas Available

Sewer

Public Sewer

Schools

Elementary:: Roosevelt-Edison Charter School
Middle:: Swigert
High:: Mitchell

Financial Details

HOA

None

Annual Taxes

$2,307

Tax year 2025

Directions

From I-25, take Exit 135 for US-24 E/Martin Luther King Jr. Bypass and head east. Continue toward South Academy Boulevard, then turn onto Gahart Drive.