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$675,000
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4050 Ruskin Way
Colorado Springs, CO 80910
8 bed 4 bath 3,564 SqFt ($189/SqFt)
Built 1972
Listed 2024-02-26, Taxes $1,143
Ⓧ USDA Ineligible
due to location

near Colorado Springs

Latest Value Estimates: $663,550 from Quantarium on 2024-04-24. Forecast Estimate Value:$681,070 in 2025-04-01 by Quantarium.

Amazing opportunity to occupy one of the units nd rent the remaining units for your first investment or invest as an income producing property!

This is the best valued 4-unit property in Colorado Springs on the market right now. Call listing broker with any questions or if you'd like to set up a showing. Large 2 bedroom and 1 Bath Units. Two renovated units includin g LVT flooring, carpet, cabinets and paint.

Off-Street Parking. Property located in a quiet cul-de-sac close to the COS Airport and Amazon Distribution Center. Working Fireplaces in each unit. 2 year old Roof. Close to market rents. Upside to charge tenants for Utilities.


Presented by Christopher Mitton at
Pinnacle Real Estate Advisors.


Property MLS #2766092 from REcolorado

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Floor Furnace, Hot Water, Natural Gas

Parking Total: 5

Elementary School: Monroe
Elementary School District: Colorado Springs 11
High School: Mitchell
High School District: Colorado Springs 11
Middle School: Swigert

Jack Swigert Aerospace Academy is a public middle school located approximately 0.7 miles away.
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Monroe Elementary School is a public elementary school located approximately 0.8 miles away.
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Mitchell High School is a public high school located approximately 1.6 miles away.
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New Directions Education Program is a private middle and high school located approximately 1.6 miles away.
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Gross Income: 56574.00
Gross Scheduled Income: 67678.00

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1144.00
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Residential Income
Exclusions: Property of owner.
Source Neighborhood: Park Hill
Owner Pays: Electricity, Insurance, Taxes, Trash Collection, Water
Parcel Number: 64143-09-043
Subdivision: Park Hill
Zoning: R5 AO
Property Subtype: Quadplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$16,940 + $3,500
$20,440
$1,143
2021$17,810 + $3,680
$21,490
$1,268
2020$14,280 + $2,250
$16,530
$1,550
2019$14,280 + $2,250
$16,530
$1,115
2018$10,800 + $2,000
$12,800
$939
2017$10,800 + $2,000
$12,800
$889
2016$10,740 + $2,130
$12,870
$746
2015$10,740 + $2,130
$12,870
$743
2014$9,570 + $2,130
$11,700
$704
2013$9,570 + $2,130
$11,700
$716
2011$9,810 + $2,130
$11,940
$726
2010$9,810 + $2,130
$11,940
$1,182
2009$17,500 + $2,550
$20,050
$1,170
2008$17,500 + $2,550
$20,050
$1,189
2007$17,500 + $2,550
$20,050
$1,217

Price Changed 2024-04-12
$675,000
REcolorado
Listed 2024-02-26
$690,000
REcolorado
Listing removed 2023-10-03
$0
REcolorado
Price Changed 2023-09-14
$690,000
REcolorado
Price Changed 2023-08-08
$724,999
REcolorado
Listed 2023-07-28
$730,000
REcolorado
Sold 2022-03-08
$710,000
Public Record
Listing removed 2015-03-26
$194,900
PikesPeakMLS
Relisted 2015-01-31
$194,900
PikesPeakMLS
Listing removed 2014-11-26
$194,900
PikesPeakMLS
Price Changed 2014-11-03
$194,900
PikesPeakMLS
Listed 2014-03-19
$215,900
PikesPeakMLS
Listing removed 2010-06-24
$149,900
PikesPeakMLS
Price Changed 2010-06-07
$149,900
PikesPeakMLS
Sold 2010-04-12
$132,000
Public Record
Price Changed 2010-02-24
$154,900
PikesPeakMLS
Price Changed 2010-02-20
$159,900
PikesPeakMLS
Price Changed 2010-02-13
$175,000
PikesPeakMLS
Price Changed 2010-01-25
$169,900
PikesPeakMLS
Listed 2010-01-13
$174,900
PikesPeakMLS
Listing removed 2009-08-26
$104,900
PikesPeakMLS
Price Changed 2009-08-11
$104,900
PikesPeakMLS
Listed 2009-08-05
$82,500
PikesPeakMLS
Sold 2009-07-20
$44,000
Public Record
Sold 2007-10-31
$265,000
Public Record
Sold 2005-09-09
$265,000
Public Record
Sold 2002-12-02
$211,000
Public Record
Sold 1998-10-14
$158,000
Public Record
Sold 1995-11-01
$140,900
Public Record

Operating Expense: 14156.00
Operating Expense Includes: Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities

Total Square Feet Living: 3564
Year Built: 1972
Above Grade Finished Area: 3564
Common Walls: No Common Walls
Construction Materials: Brick, Wood Siding
Levels: Two
Property Age: 52
Roof: Composition
Structure Type: Quadruplex

Sewer: Public Sewer
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.