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2545-2551 Willamette Ave
Multi-Family
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$730,000

2545-2551 Willamette Ave, Colorado Springs

8 bd·4 ba·0 sqft
Built 19852,640 sqft lotPleasant Valley

2545-2551 Willamette Ave, Colorado Springs, CO

8 bd · 4 ba · 0 sqft Multi-Family listed at $730,000, built in 1985 in the Pleasant Valley neighborhood.

About this home

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.

Property details

Price
$730,000
Bedrooms
8
Bathrooms
4
Year built
1985
Lot size
2,640 sqft
Type
Multi-Family
Days on market
85
Est. property tax
$3,723/yr · $310/mo · 0.51% CO avg

Estimated monthly payment

Down payment20% ($146,000)
Interest rate6.75%
Principal & Interest$3,788
Property Tax$669
Insurance$150
Total$4,607/mo

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Price history

$776K$623K$470K$505K on Jun 18 (Initial list)$495K on Jul 18 (Sold)$750K on Sep 25 (Initial list)$730K on Jan 26 (Initial list)
$505K · Jun 18$730K · Jan 26
  1. Jan 31, 2026$730,000Initial list price
  2. Sep 25, 2025$750,000Initial list price
  3. Jul 20, 2018$495,000Sold
  4. Jun 15, 2018$504,900Initial list price

Location

This home is located in Colorado Springs, CO. Browse more Colorado Springs listings on the Colorado Springs market page or explore the full Colorado Springs market report.

About Colorado Springs: Colorado Springs is a home rule city that is the county seat of, and the most populous city in, El Paso County, Colorado, United States. The city had a population of 478,961 at the 2020 census, a 15.02% increase since 2010. Colorado Springs is the second-most populous city and most extensive city by area in the state of Colorado, and the 40th-most-populous city in the United States. It is the principal city of the Colorado Springs metropolitan area, which had 755,105 residents in 2020, and the second-most prominent city of the Front Range Urban Corridor. It is located in east-central Colorado on Fountain Creek, 70 miles (113 km) south of Denver. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 239 dry days per year and 21.8 inches of annual rainfall.

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