5535 Tomah Drive, Colorado Springs, CO, 80918

Image Count: 35

$799,000

  • Highlights
  • Income
  • Fourplex
  • 5535 Tomah Drive, Colorado Springs, CO, 80918 listed by Denáe Howell MRP
  • Active
  • MLS#: 2650251
  • Tour #1
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Property Description

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE — providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner. BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income. NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether you’re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

Property Listed By

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  • Denáe Howell MRP
  • 2441-323-917  Call the Agent 
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  • House Hunters, LLC
  • 5712-257-917  Call the Agent 
In a market where every decision holds weight, clients choose Denáe Howell not by chance, but by reputation. Consistently Ranking in the Top 1% of Agents nationwide, Denáe has built her career on making complex decisions feel simple, guiding clients with clarity, confidence, and care. Her clients don’t just get a Realtor; they gain an advocate, strategist, and negotiator who knows how to move powerfully in high-stakes situations. Guided by deep market knowledge and a background in luxury hospita...

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1973
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $799,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 1 833
    2 1 1 833
    2 1 1 832
    2 1 1 850
  • Total Parking Spaces: 7
  • Total Units: 4
  • Other Rentable Space: Detached (3) Car Garage (rear)

    Structure

  • Structure: Framed on Lot, Frame
  • Construction Status: Existing
  • Siding: Alum/Vinyl/Steel, Stucco, Wood
  • Alley: Paved

    Features

  • Heating: Forced Air
  • Laundry: Electric Hook-up
  • Appliances: Dishwasher, Oven, Range, Refrigerator

    Taxes, Utilities, Lot

  • Tax: $2,720
  • Lot Size: 0.37 Acres, 16,300 SqFt
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Handicap: Stairs to front entrance
  • Laundry: Electric Hook-up
  • Heating: Forced Air
  • Existing Water: Municipal
  • Existing Utilities: Cable Available, Electricity Connected

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          5535 Tomah Drive, Colorado Springs, CO, 80918

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          Image 29 of 35: Detached 3 car garage, rear of property

          Detached 3 car garage, rear of property

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          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively 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.