340 Gahart, Colorado Springs, CO 80916
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340 Gahart, Colorado Springs, CO 80916
340 Gahart, Colorado Springs, CO 80916
340 Gahart, Colorado Springs, CO 80916
340 Gahart, Colorado Springs, CO 80916
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Gerald Mayo

Gerald Mayo

+1(970) 215-5757
$ 649,000
Est. payment /mo
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Active

340 Gahart Colorado Springs, CO 80916

10 Beds

4 Baths

3,672 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,672 sqft

Subdivision Eastborough

MLS Listing ID IRE9848883

Bedrooms 10

HOA Y/N No

Year Built 1972

Annual Tax Amount $2,307

Tax Year 2025

Source ires

Property Description

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

Location

State CO

County El Paso

Community Eastborough

Area Out Of Area

Zoning R-5 AO

Direction From I-25, take Exit 135 for US-24 E/Martin Luther King Jr. Bypass and head east. Continue toward South Academy Boulevard, then turn onto Gahart Drive.

Exterior

Parking Features Off Street

Garage Spaces 8.0

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Roosevelt-Edison Charter School

Middle Schools Swigert

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Lee Wagner

NEARBY SCHOOLS & PROPERTIES

Gerald Mayo

Gerald Mayo

Broker License ID: 1322538

+1(970) 215-5757

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