USACOColorado SpringsBroadmoor124 W Cheyenne Road
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$599,000

For Sale

2 hours ago

124 W Cheyenne Road, Colorado Springs, CO

House

MLS® 1788443

4 Bed

2 Bath

1801 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1801 sqft
Garage Yes
Taxes $1,381
Days Active 0
Lot Size 0.21 Acres
Approx. Age 1956
Avg. Price Per Sqft $332
MLS® Number 1788443

Property Address: 124 W Cheyenne Road, Colorado Springs, CO, 80906

Average square foot calculated using Size range provided by listing agent.

Description

124 & 126 W Cheyenne Road presents a rare opportunity to acquire a well-maintained duplex in a highly desirable Colorado Springs location. Constructed in 1956, the property consists of two spacious residential units totaling approximately 1, 801 square feet. Each unit features a functional 2-bedroom, 1-bathroom/1.5 bathroom floor plan designed to appeal to a broad tenant base seeking comfortable living accommodations in a convenient urban setting. The property offers two carport spaces on 124 and two car garage at 126, providing a valuable amenity for residents and enhancing overall tenant satisfaction. Its manageable size and straightforward operation make it an attractive investment opportunity for both first-time and experienced multifamily investors seeking stable rental income and long-term appreciation potential. Situated along the South Nevada Avenue and Cheyenne Road corridor, the property benefits from excellent access to Downtown Colorado Springs, Interstate 25, major employment centers, retail destinations, dining options, and recreational amenities. Residents enjoy proximity to some of the area's most notable attractions, including The Broadmoor, Cheyenne Mountain, and the extensive trail systems and outdoor recreation opportunities that make Colorado Springs one of Colorado's most desirable places to live. Supported by a diverse regional economy, continued population growth, and strong rental demand, 124 & 126 W Cheyenne Road offers investors the opportunity to acquire a well-located duplex asset positioned to benefit from the ongoing growth and economic strength of the Colorado Springs market.
MLS® Number1788443
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1956
BasementCrawl Space
Driveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$599,000List Price

Home Appraisal

This property is estimated to sell between: $582,000 and $608,000.
Similar properties in this area sold on average for: $582,250
Expected to sell in 16 days. Similar properties sold in 16 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
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124 W Cheyenne Road, Colorado Springs, CO

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