$685,000

1073 Westmoreland Rd Colorado Springs, CO 80907

$8,134
Closing credit¹
8 beds
4 baths
0.2 acres
Multi-Family

Property details

About 1073 Westmoreland Rd

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4250 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

Highlights

Home typeQuadruplex
HeatingBaseboard
StatusActive
CoolingCeiling Fan(s)
Lot size0.2152 Acres
Year built1972
MLS #6673366

Summary

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Total Bedroom Count: 8
  • Heating: Baseboard
  • Cooling: Ceiling Fan(s)
  • List Price: $685,000
  • Annual Tax Amount: $1,900
  • Tax Year: 2023
  • Year Built: 1972
  • Lot Size: 0.2152 Acres
  • MLS Number: 6673366
  • Office Name: Atlas Real Estate Group LLC
  • Office Phone: (303) 242-8980
  • Listing Agent: Andrew Guterman

IDX The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
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, 10:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1073 Westmoreland Rd, Colorado Springs, CO 80907 - view of front facade featuring brick siding and stairway

$685,000

1073 Westmoreland Rd

$8,134

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 27, 2023
Home Sold
$665,000
Sep 07, 2006
Home Sold
$249,000

Tax history

YearAssessmentProperty Tax
2023$37,850$1,900
2022$27,030$1,512
2021$28,430$1,677
2020$21,860$1,483
2019$21,860$1,335
2018$18,200$1,264
2017$18,200$997

History based on county public records data.

Nearby schools

4

Edison Elementary School

Public District PK-5

0.7 mi

3125 N Hancock Ave

6

Colorado International Language Academy

Public Charter KG-6

0.8 mi

303 Austin Bluffs Pkwy

6

Stratton Elementary School

Public District PK-5

1.4 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. Residents of Colorado Springs, CO typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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 1073 Westmoreland Rd in Colorado Springs, CO and zip code 80907 in the West Colorado Springs neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $685,000.

In April 2025 more than 79 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 71 listings were sold at asking price, while more than 113 were sold below. In April 2025 in Colorado Springs, CO there were 46.1% more homes for sale than in March. The median list price of listings available in April 2025 was $478,588, while the average time on the real estate market was 48 days.

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

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