LKV Realty
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$649,000
$3,400Reward *
340 Gahart Drive, Colorado Springs, CO 80916Listing ID 9848883

340 Gahart Drive, Colorado Springs, CO 80916

Active
Eastborough
Time on site: 30 daysLast updated: Aug 3, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Bedrooms
Bedrooms
10
Bathrooms
Bathrooms
4
Square Feet
Square Feet
3,672
Days on Site
Days on Site
29
Cooling
Cooling
None
Heating
Heating
Natural Gas
Year Built
Year Built
1972

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

Property Information

Property Details

Location

Address
340 Gahart Drive
County
El Paso
City
Colorado Springs
Zip Code
80916
Subdivision
Eastborough
School District
Colorado Springs 11
High School
Mitchell
Elementary School
Roosevelt-Edison Charter School

Interior Features

Beds and Baths

Bedrooms
10

Building

Building Information

Square Feet
3,672
Year Built
1972
Construction
Frame
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,307
Tax Year
2025
Cushman & Wakefield, (303) 292-3700

Market Report for 80916

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: REColorado
REColorado logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 11:02 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

REC155069312