For sale

$725,000

Est. $4,227/mo

•

— ba

•

3,348

sq ft

1065 Magnolia St, Colorado Springs, CO 80907

About this home

The Best-Looking 4-Plex in Cragmor — Investment or House Hack The best-looking 4-plex in the neighborhood, with 2 of 4 units recently renovated and excellent tenants in place. This property has been carefully maintained, painted, and improved by an owner who takes pride in his properties. The seller has also successfully bought, improved, and sold another multifamily property directly across the street. Two units feature new waterproof laminate flooring and updated black-tile shower surrounds, while the other two are in solid condition. Rents have been improved, with additional upside remaining. One unit is month-to-month. On-site laundry provides additional income without collecting quarters. Due-diligence docs including rent roll, insurance info, utility history, and plumbing receipts. For Sale By Owner / Flat Fee Listing: Seller is open to creative financing, seller concessions, or mortgage rate buydown options and will assist with the transition for the first 90 days. Seller is also open to being retained as an employee or management resource to assist with showings and maintenance help. Tenants reside at this property, please call text or email seller Zach Warner @ 719-347-8844 or warner.zach.p@gmail.com

Multi-familyProperty Type

1971Year Built

$217Price/Sq.Ft.

6 spacesParking

Listed by Mark Peters • A+ Property

Contact: mark@aplus-property.com,303-517-1659

Listing updated: Aug 17, 2026 at 08:28am

Redfin checked: a minute ago

•Source:REColorado as Distributed by MLS Grid #3901521

Listing provided courtesy of Metrolist,Inc. (REColorado)

Payment calculator

$4,227 per month

Principal and interest$3,762

Property taxes

$193

HOA dues

Home insurance

$272

Utilities

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Next available date: Wednesday, August 19

Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Edison Elementary School

Public PreK-5 • Assigned • 0.7mi

2/10

Mann Middle School

Public 6-8 • Assigned • 1.4mi

4/10

Coronado High School

Public 9-12 • Assigned • 2.9mi

4/10

Provided by GreatSchools

About

Cragmoor

Cragmoor, located between Austin Bluffs Parkway and Constitution Avenue, is a residential and academic Colorado Springs neighborhood with mid-century ranch streetscapes and Pikes Peak views. The neighborhood’s energy concentrates around the Austin Bluffs Parkway and Academy Boulevard corridor, where campus traffic, coffee counters, and casual eateries set a steady daytime rhythm. University of Colorado Colorado Springs anchors the area with galleries, lectures, and open green quads. Cragmor Hills Park adds bluff-top trails and a wide skyline outlook. Homes mix brick ranches and split-levels on curving roads, with mature trees softening the foothill light. Errand runs and workouts cluster around nearby centers such as The Plaza at University Village.

Provided by Walk Score and Local Logic

Market insights

1065 Magnolia St · $725,000

DAYS ON MARKET

The average home goes pending in 50 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

LIST PRICE

Median list price in this area is $618,015. (15% lower than this home)

PRICE DROP

23% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Updated/remodeled condition
Balcony
Deck

Bedrooms
Four 2-bedroom units

Heating & cooling
Baseboard heating

Sale and tax history for 1065 Magnolia St

Sale History
Tax History

Date

Event

Price

IRES as Distributed by MLS Grid #3901521

Aug 15, 2026

Listed

$725,000

$217/sq ft

Aug 15, 2026

Listed

$725,000

$217/sq ft

+45

The Best-Looking 4-Plex in Cragmor - Investment or House Hack The best-looking 4-plex in the neighborhood, with 2 of 4 units recently renovated and excellent tenants in place. This property has been carefully maintained, painted, and improved by an owner who takes pride in his properties. The seller has also successfully bought, improved, and sold another multifamily property directly across the street. Two units feature new waterproof laminate flooring and updated black-tile shower surrounds, while the other two are in solid condition. Rents have been improved, with additional upside remaining. One unit is month-to-month. On-site laundry provides additional income without collecting quarters. Due-diligence docs including rent roll, insurance info, utility history, and plumbing receipts. For Sale By Owner / Flat Fee Listing: Seller is open to creative financing, seller concessions, or mortgage rate buydown options and will assist with the transition for the first 90 days. Seller is also open to being retained as an employee or management resource to assist with showings and maintenance help. Tenants reside at this property, please call text or email seller Zach Warner @ 719-347-8844 or warner.zach.p@gmail.com

REColorado as Distributed by MLS Grid #7340352

Jul 20, 2026

Listing Removed

—

Jul 20, 2026

Listing Removed

—

Apr 28, 2026

Listed

$725,000

$217/sq ft

Apr 28, 2026

Listed

$725,000

$217/sq ft

REColorado as Distributed by MLS Grid #3489024

Apr 21, 2025

Sold

$640,000

$191/sq ft

Apr 21, 2025

Sold

$640,000

$191/sq ft

Mar 11, 2025

Pending

—

Mar 11, 2025

Pending

—

Feb 21, 2025

Listed

$675,000

$202/sq ft

Feb 21, 2025

Listed

$675,000

$202/sq ft

Public Records

Jul 24, 2020

Sold

$555,000

$166/sq ft

Public Records

Jul 14, 1998

Sold

$174,700

$52/sq ft

Public Records

Dec 7, 1995

Sold

$140,000

$42/sq ft

Public Records

Jan 1, 1987

Sold

$110,000

$33/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,315 (+17.9%)

$5,790 + $40,430

$46,220

2024

$1,964 (+1.0%)

$5,790 + $40,430

$46,220

2023

$1,944 (+24.2%)

$5,500 + $33,650

$39,150

2022

$1,565 (−9.8%)

$3,250 + $24,710

$27,960

2021

$1,735 (+13.0%)

$3,250 + $24,710

$27,960

2020

$1,535 (+0.5%)

$3,420 + $25,980

$29,400

2019

$1,526 (+10.5%)

$2,680 + $19,930

$22,610

2018

$1,381 (+5.6%)

$2,680 + $19,930

$22,610

2017

$1,308 (+27.0%)

$2,600 + $16,220

$18,820

2016

$1,030 (+0.4%)

$2,600 + $16,220

$18,820

2015

$1,026 (+12.3%)

$2,630 + $15,150

$17,780

2014

$914 (−1.7%)

$2,630 + $15,150

$17,780

2013

$930 (+1.4%)

$2,630 + $12,570

$15,200

2012

$917 (−0.8%)

$2,630 + $12,570

$15,200

2011

$925 (−22.7%)

$2,630 + $12,570

$15,200

2010

$1,196 (+1.0%)

$2,630 + $12,570

$15,200

2009

$1,184

$2,950 + $17,320

$20,270

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

8,929 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,348

Year built

1971

Style

Other

County

El Paso County

APN

6329313031

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 12, 2026.

R-4

Multi-Family Low District

The R-4 zone district accommodates attached and detached single-family, two-family, and small multi-family dwelling structures. Land uses are as indicated in Table 7.3.2-A: Base and NNA-O District Use Table. Development is intended to be adjacent to collector or arterial streets, in transition areas at the edges of low-density neighborhoods, and in areas adjacent to R-Flex, Mixed-Use, or PDZ districts where similar densities or intensities of development are permitted.

Permitted uses

Include but are not limited to:

Agriculture
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Housing-Mobile home park
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 88° expected this year, 19 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Colorado Springs, CO • 80907

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Redfin Estimate for 1065 Magnolia St

$721,574

$3,426 under list price of $725K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $432K to $765K.

SOLD JUN 12, 2026
$585,000 Last sold price
3 beds3.5 baths3,133 sq ft
4466 College Park Ct, Colorado Springs, CO 80918
$30/sq ft
35 years newer
basement
SOLD JUN 1, 2026
$440,000 Last sold price
Studio— baths2,038 sq ft
424 Redwood, Colorado Springs, CO 80107
J Properties
$1/sq ft
7 years older
basement
SOLD JUL 30, 2026
$431,500 Last sold price
5 beds3 baths2,608 sq ft
1219 Cumberland St, Colorado Springs, CO 80907
eXp Realty, LLC
$52/sq ft
15 years older
basement
SOLD JUL 9, 2026
$465,000 Last sold price
5 beds3 baths2,883 sq ft
1311 Acacia Dr, Colorado Springs, CO 80907
LIV Sotheby's International Realty
$56/sq ft
8 years older
basement
SOLD JUL 13, 2026
$765,000 Last sold price
4 beds4 baths3,887 sq ft
2310 Biltmore Ct, Colorado Springs, CO 80907
RE/MAX Professionals
$20/sq ft
22 years newer
finished basement
SOLD JUN 24, 2026
$685,000 Last sold price
5 beds3 baths3,093 sq ft
2619 Farragut Cir, Colorado Springs, CO 80907
Better Homes & Gardens Real Estate - Kenney & Co.
$4/sq ft
6 years older
finished basement

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