$724,999

720 E Hills Rd Colorado Springs, CO 80909

$8,609
Closing credit¹
8 beds
4 baths
0.2 acres
Multi-Family

Property details

About 720 E Hills Rd

Great investment opportunity!!! This is a nice four-plex with lots of updating. All four units have new vinyl windows, new exterior paint, and new accent siding. Each unit offers two Bedrooms and one bath with an open kitchen and living area. It has a good rental history. The convenient location is close to schools, shopping, and downtown.

Highlights

Home typeQuadruplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCeiling Fan(s)
Lot size0.1756 Acres
Year built1984
MLS #4525600

Summary

  • Appliances: Range, Refrigerator
  • Basement: No
  • Fireplace: None
  • Total Bedroom Count: 8
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s)
  • List Price: $724,999
  • Annual Tax Amount: $1,994
  • Tax Year: 2023
  • Year Built: 1984
  • Lot Size: 0.1756 Acres
  • MLS Number: 4525600
  • Office Name: NAV Real Estate
  • Office Phone: (720) 379-3445
  • Listing Agent: Greg Kelly MRP

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: 6/18/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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720 E Hills Rd, Colorado Springs, CO 80909 - view of property exterior featuring fence

$724,999

720 E Hills Rd

$8,609

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 15, 2016
Home Sold
$300,000
Jun 14, 2000
Home Sold
$199,900

Tax history

YearAssessmentProperty Tax
2023$40,080$1,994
2022$28,620$1,601
2021$30,100$1,776
2020$23,140$1,570
2019$23,140$1,425
2018$19,430$1,350
2017$19,430$1,082

History based on county public records data.

Nearby schools

5

Queen Palmer Elementary School

Public District PK-5

0.5 mi

1921 E Yampa St

6

Rogers Elementary School

Public District PK-5

1.0 mi

110 S Circle Dr

3

Twain Elementary School

Public District PK-5

1.0 mi

3402 E San Miguel St

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 $13,362. Typical income of Colorado Springs, CO residents is less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

82%
<35k
18%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

67%
Single, No Kids
12%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

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

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Frequently asked questions

About 720 E Hills Rd

The listing price of 720 E Hills Rd property is $724,999.

The property 720 E Hills Rd is a multi located in Colorado Springs, Colorado, 80909.

Active Listing: 720 E Hills Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 720 E Hills Rd are: Queen Palmer Elementary School (GreatSchools Rating 5/10), Rogers Elementary School (GreatSchools Rating 6/10), Twain Elementary School (GreatSchools Rating 3/10), Galileo School of Math and Science (GreatSchools Rating 2/10), North Middle School (GreatSchools Rating 5/10), Jack Swigert Aerospace Academy (GreatSchools Rating 3/10), Odyssey Early College and Career Options (GreatSchools Rating 5/10), Achieve Online (GreatSchools Rating 2/10), Nikola Tesla Education Opportunity Center (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $1,994 (source: MLS/based on county public records data).

The last sale was on August 15, 2016 for $300,000 (source: MLS/tax record).

The year of construction for 720 E Hills Rd is 1984.

This home is located at 720 E Hills Rd in Colorado Springs, CO and zip code 80909 in the Central Colorado Springs neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $724,999.

In May 2025 more than 76 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 122 were sold below. Between April and May 2025, Colorado Springs, CO real estate market has seen increase in the number of listings by 42.2%. Listings spent 40 days on the market in May 2025, and had a median list price of $480,000 during the same period.

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

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