Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This cute and updated 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!
Multi-familyProperty Type
1970Year Built
8,025 sq ftLot Size
$249Est. Price/Sq.Ft.
7 spacesParking
Listed by Jeanne Guischard• Compass
Bought with Max Ferguson• Fathom Realty Colorado LLC
Sumer Liebold • LIV Sotheby's International Realty
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Provided by Redfin
Sale history for 4230 Forrest Hill Rd
Date
Event
Price
elevateMLS #7551461
Mar 8, 2024
Sold
$715,000
$240/sq ft
Feb 12, 2024
Contingent
—
Jan 31, 2024
Price Changed
$775,000
$260/sq ft
Nov 22, 2023
Price Changed
$799,900
$268/sq ft
Oct 30, 2023
Listed
$815,000
$273/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
El Paso County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Mar 6, 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
Oct 11, 2023 • Final
437
Install an interior backflow preventer as part of a domestic plumbing retrofit.
Plumbing
May 20, 2022 • Final
437
Install a new electrical service.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Home facts updated by county records on Mar 6, 2026
Around this home
Schools
Jackson Elementary School
Public PreK-5 • Assigned • 0.3mi
3/10
Holmes Middle School
Public 6-8 • Assigned • 2.0mi
9/10
Coronado High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Northeast Colorado Springs is known for newer neighborhoods, convenient shopping and dining, strong access to Powers Boulevard, parks and trails, and a wide range of home styles. It offers a suburban feel with easy access to everyday amenities and...