Share this with your friends
530-448-1626
Boulder Property Advisors
1820 Monterey Rd, Colorado Springs, CO 80910
- $625,000
- 8
- BD
- 8
- BA
- 4,006
- SqFt
- Sold Price
- $625,000
- List Price
- $635,000
- Status
- CLOSED
- MLS#
- 8164546
- Closing Date
- Mar 27, 2026
- Year Built
- 1984
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 4,006
- Region
- Out of Area
- Subdivision
- Colorado Springs
Property Description
Cushman & Wakefield is pleased to present 1820 Monterey Rd, a well-located multifamily investment opportunity in Southeast Colorado Springs. The property sits within an established residential neighborhood with convenient access to major thoroughfares like S Academy and I-25. 1820 Monterey Rd is located nearby employment such as Amazon Distribution & Innovation Park, and convenient access to retail & groceries, making it attractive to long-term renters. The asset is comprised of townhome-style units featuring both front and rear entrances, offering added privacy and functionality. Each unit includes a desirable 2-bedroom, 1.5-bath layout, and gas and electric utilities are individually metered, allowing ownership to minimize operating expenses and efficiently manage utility costs. The property has maintained solid occupancy and presents a clear value-add opportunity through rent growth to market levels and value add implementation. Additional features such as off-street parking and recent exterior improvements further enhance tenant convenience and overall property appeal, positioning 1820 Monterey Rd as a stable asset with long-term upside. Please call or text 417-459-2155 with any questions or inquiries.
/u.realgeeks.media/boulderpropertyadvisors/images/brand/tamara-grosvenor-boulder-realtor-square.jpg)
Additional Information
- Taxes
- $2,158
- School District
- Harrison 2
- Elementary School
- Monterey
- Middle School
- Panorama
- High School
- Harrison
- Heating
- Forced Air
- Utilities
- Electricity Available, Separate Meters, Separate Meters
- Garage Spaces
- 8
- Tenant Pays
- Gas, Electricity
Listing courtesy of Nic Polaski.
Nic.Polaski@cushwake.com,719-238-9074
Selling Office: .What's Your Home Worth?
Thinking of selling or interested in learning about a neighbor's house? We can help you see what it's worth.
Mortgage Calculator
Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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 listings have been excluded from this website.