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2521 Astrozon Circle, Colorado Springs, CO – $650,000

  • $650k Price
  • 3,536 Sqft
  • $650k Price
  • 3,536 Sqft

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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.

Listing Office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Essential Information

  • MLS® #8059195
  • Price$650,000
  • Bathrooms0.00
  • Square Footage3,536
  • Acres0.00
  • Year Built1984
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address2521 Astrozon Circle
  • CityColorado Springs
  • CountyEl Paso
  • StateCO
  • Zip Code80916

Subdivision

Pikes Peak Park Sub No 28 Resub of Lot 1

Interior

  • HeatingForced Air
  • CoolingCentral Air
  • StoriesTwo

Exterior

  • RoofOther

School Information

  • DistrictHarrison 2
  • ElementaryGiberson
  • MiddlePanorama
  • HighSierra High

Additional Information

  • Date ListedAugust 4th, 2025
  • ZoningR5 AO

Listing Details

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

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Listing information last updated on August 13th, 2025 at 2:34pm MDT.