504 Winnie Way Colorado Springs, CO 80904
3,456 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Subdivision Kings Manor Sub
MLS Listing ID 2011515
HOA Y/N false
Abv Grd Liv Area 3,456
Year Built 1984
Annual Tax Amount $2,554
Property Sub-Type Income Property
Source REcolorado
Property Description
Built in 1984, the property comprises four spacious 2-bedroom/1.5-bath units, each thoughtfully designed for functional living. With a total building area of 3,456 square feet and an average unit size of approximately 864 square feet, the asset presents a balanced combination of scale, livability, and ease of management.
Located in El Paso County, Colorado Springs continues to rank as one of the fastest-growing cities in the country, supported by a diversified economy with major employment drivers in the defense, aerospace, technology, and
healthcare sectors. 504-516 Winnie Way offers investors stable in-place income with significant upside through rent increases and light interior upgrades as leases turn. With below-market rents and strong rental demand, the asset is well-positioned for value creation in a supply-constrained submarket.
This offering represents an ideal opportunity for investors seeking a stabilized, low-maintenance multifamily asset with long-term growth potential in one of Colorado's most dynamic and resilient markets.
Location
State CO
County El Paso
Area Out Of Area
Zoning PUD
Direction From Downtown Colorado Springs, on N Cascade Ave, head toward Platte Avenue. Turn left onto Uintah Street. Then, turn right onto Mesa Road. Turn left onto N 19th St and take a slight right turn onto King St. Turn left onto Winnie Way and the property will be on the left.
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Roof Type Rubber,Fiberglass
Building
Story 2
Sewer City Sewer, Public Sewer
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools West
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
