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Coreena Dones
REALTOR®
Cell: (720) 425-0851

1020 Chiricahua Loop, Colorado Springs, CO 80915

$595,000
  • 1020 Chiricahua Loop, Colorado Springs, CO 80915 Main Photo

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New to the Market Active
BEDS0 BATHS0.0 MLS#2987656
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCimarron Hills

Property Description

Investor-ready 4-Plex with extensive capital improvements! This property has been consistently updated & well maintained by the current owners, unlike many multi-family properties that require immediate repairs or deferred maintenance work. Major building improvements include: New roof, boiler/water heater system, & exterior paint (2025) • New coin-operated washer & dryer (2024) • Replacement windows (2022 & 2024) • New Fence along the back side of the property & steel post reinforcement (2024) • Stair & concrete improvements for the garden-level units (2022) • Large tree removals & exterior maintenance (2022 & 2025) • Sewer line cleaning & camera scoping (2022, 2024 & 2025) • Annual backflow testing & inspections (2022–2025) • Power washing, painted front steps & fresh mulch (2026), The units have also been updated over the past several years: UNIT 1 New fridge, dishwasher & interior paint (2026) • ADA-compliant toilet (2025) • New stove & window replacement (2024) • New carpet & luxury vinyl plank flooring (2021). UNIT 2 • New carpet, LVP flooring, New dishwasher, stove, & fridge (2023), and 1 window replacement (2022). UNIT 3 • New stove & interior paint (2025) • New carpet & LVP flooring (2023) New fridge & dishwasher (2022). UNIT 4 • New stove & fridge, interior paint, carpet, & LVP flooring (2025). The property includes a common coin-operated washer & dryer that provides additional income for the owner & added convenience for tenants. There is ample off-street parking w/ parking areas located in the front & west side of the building, plus additional parking along the east side- 10 parking spaces total. Each apartment features: • 2 bedrooms & 1 bathroom • Spacious eat-in kitchen • Refrigerator, electric range oven, dishwasher, and disposal • Good-sized bedrooms • Coat closet in the living room • Linen closet near the bathroom • Private front patio w/ storage closet. One unit is currently vacant, creating an excellent opportunity for an owner-occupant buyer.

1020 Chiricahua Loop | MLS# 2987656

This multi-family property located at 1020 Chiricahua Loop, Colorado Springs, CO 80915 is currently listed for sale with an asking price of $595,000. Search Colorado Springs real estate on www.coreenacolorado.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: None
Home Style: Fourplex
Lot Size: 0.23 Acres
Roof Type: Composite Shingle
Taxes: $3,278
Year Built: 1973

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Basement/Foundation: Garden Level
Existing Utilities: Electricity Connected, Natural Gas Connected
Exterior: Brick, Masonite Type
Laundry Facilities: Coin, Common
Parking Spaces: 8
Units: 4
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: HomeSmart
Agency Phone: 719-634-8761

Shown By

Agent Name: Coreena Dones
Agent Phone: Cell: (720) 425-0851
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 3,377.52 per month $2,930.81 Principal & Interest $273.17 Property Tax $173.54 Homeowner's Insurance

Change Payment Information

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 1:10:03 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Wed 06/03/2026 1:04:57 PM EST) or elevate MLS (last updated Wed 06/03/2026 1:00:37 PM EST) or Pueblo MLS (last updated Wed 06/03/2026 12:44:45 PM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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