2521 Astrozon Circle, Colorado Springs, CO

$650,000

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3,536

Square feet

About 2521 Astrozon Circle

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 2481 and 2521 Astrozon Circle, two adjacent multifamily properties located in the high-demand Southeast submarket of Colorado Springs. Offered together or separately at a combined price of $1,275,000, these properties feature a total of eight units, seven of which have been recently renovated with updated flooring, modernized kitchens and bathrooms, and fresh interior finishes that appeal to today’s renters. Six of the eight units have also been upgraded with mini-split air conditioning systems, offering enhanced climate control and energy efficiency. This is a compelling operational value-add investment. The current owner has already completed nearly all of the interior capital improvements required to bring the properties up to market standards, significantly reducing the need for further capital expenditures in the near term. With the units in great condition and rents currently below market, there is immediate upside potential through lease turnover and rent increases, allowing a new investor to drive revenue growth without the burden of heavy renovation costs. Situated in a well-established rental corridor near schools, shopping centers, public transportation, and major employment hubs, both properties are ideally located to attract and retain quality tenants. For investors seeking a clean, low-maintenance multifamily opportunity with in-place cash flow and strong rent growth potential, 2481 and 2521 Astrozon Circle offer a rare combination of stability and upside in one of Colorado’s most dynamic rental markets.

Features of 2521 Astrozon Circle

MLS® # 8059195
Price $650,000
Bathrooms 0.00
Square Footage 3,536
Acres 0.00
Year Built 1984
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 2521 Astrozon Circle
Subdivision Pikes Peak Park Sub No 28 Resub of Lot 1
City Colorado Springs
County El Paso
State CO
Zip Code 80916

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Stories Two

Exterior

Roof Other

School Information

District Harrison 2
Elementary Giberson
Middle Panorama
High Sierra High

Additional Information

Date Listed August 4th, 2025
Zoning R5 AO
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Listing Map

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