$799,000

1025 Magnolia St Colorado Springs, CO 80907

$9,488
Closing credit¹
3,282 sqft
$243 / sqft
Multi-Family

Property details

About 1025 Magnolia St

Turnkey 4-Plex Investment Opportunity – 1025 Magnolia St, Colorado Springs This well-maintained fourplex features (4) 2-bed, 1-bath units—each offering 821 sq ft, in-unit washer and dryer, and private back storage. Major capital improvements already completed: new boiler and water heater (2016), full roof and gutter replacement (2019), and a new driveway (2019). The required Springs Utilities backflow prevention device was just installed. Tenant turnover is minimal, and units are consistently updated during transitions. Property has been proactively maintained, making this a solid plug-and-play investment for the next owner. Full Financials Available.

Highlights

Home typeQuadruplex
HeatingRadiant
StatusActive
Size3,282 sqft
Year built1971
MLS #2432034

Summary

  • Basement: No
  • Attached Garage: No
  • Heating: Radiant
  • Cooling: None
  • List Price: $799,000
  • Price/SqFt: $243
  • Annual Tax Amount: $2,075
  • Tax Year: 2023
  • Year Built: 1971
  • Living Area: 3,282 SqFt
  • MLS Number: 2432034
  • MLS Name: RECOLORADO
  • Office Name: Toprock Real Estate LLC
  • Office Phone: (704) 929-2088
  • Listing Agent: John Galloway

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IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 4:12:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1025 Magnolia St, Colorado Springs, CO 80907 - snow covered rear of property featuring stairway

$799,000

1025 Magnolia St

$9,488

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 19, 2015
Home Sold
$200,000
Jul 25, 2013
Home Sold
$248,000
Jun 22, 2007
Home Sold
$235,000
Dec 31, 2003
Home Sold
$250,000
Jul 25, 2002
Home Sold
$275,300
May 15, 2000
Home Sold
$178,500

Tax history

YearAssessmentProperty Tax
2023$41,580$2,075
2022$29,680$1,660
2021$31,210$1,841
2020$24,010$1,629
2019$24,010$1,466
2018$19,980$1,388
2017$19,980$1,094

History based on county public records data.

Nearby schools

6

Colorado International Language Academy

Public Charter KG-6

0.7 mi

303 Austin Bluffs Pkwy

4

Edison Elementary School

Public District PK-5

0.8 mi

3125 N Hancock Ave

6

Stratton Elementary School

Public District PK-5

1.5 mi

2460 Paseo Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,817. The majority of Colorado Springs, CO residents have income less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

52%
<35k
41%
35k-100k
2%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
12%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
5%
12-17 yrs old
33%
18-34 yrs old
33%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • SoccerSoccer

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1025 Magnolia St in Colorado Springs, CO and zip code 80907 in the West Colorado Springs neighborhood. This 3,282 square foot home was built in 1971. Features: 0 bathroom. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $799,000.

Colorado Springs, CO housing market in April 2025 saw over 79 listings sold above listed price, more than 71 sold at listed price and over 113 sold below. Between March and April 2025, Colorado Springs, CO real estate market has seen increase in the number of listings by 46.1%. While the average time on the market in April 2025 was 48 days, the median list price was $478,588.

From Rocket Homes Real Estate and based on county public records data.

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