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 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!
Sumer Liebold • LIV Sotheby's International Realty
See all
Provided by Redfin
Sale history for 4230 Forrest Hill Rd
Date
Event
Price
REColorado as Distributed by MLS Grid #8426922
Mar 8, 2024
Sold
$715,000
$255/sq ft
Feb 12, 2024
Pending
—
Jan 31, 2024
Price Changed
$775,000
$276/sq ft
Nov 22, 2023
Price Changed
$799,900
$285/sq ft
Oct 30, 2023
Listed
$815,000
$290/sq ft
+44
Public Remarks
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 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!
Public Records
Jan 29, 2021
Sold
$602,000
$214/sq ft
Public Records
Sep 6, 1994
Sold
$139,300
$50/sq ft
Public Records
Feb 10, 1993
Sold
$90,000
$32/sq ft
Public Records
Jun 20, 1990
Sold
$249,225
$89/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,391 (−0.8%)
$5,260 + $42,480
$47,740
2024
$2,412 (+1.0%)
$5,260 + $42,480
$47,740
2023
$2,387 (+26.4%)
$5,000 + $42,250
$47,250
2022
$1,888 (−9.8%)
$4,670 + $29,070
$33,740
2021
$2,094 (+13.1%)
$4,670 + $29,070
$33,740
2020
$1,852 (+0.5%)
$4,910 + $30,570
$35,480
2019
$1,842 (+14.2%)
$4,070 + $23,210
$27,280
2018
$1,613 (+5.6%)
$4,070 + $23,210
$27,280
2017
$1,527 (+30.2%)
$3,930 + $18,050
$21,980
2016
$1,173 (+0.3%)
$3,930 + $18,050
$21,980
2015
$1,169 (+15.2%)
$3,960 + $16,290
$20,250
2014
$1,015 (−1.7%)
$3,960 + $16,290
$20,250
2013
$1,033 (−6.6%)
$3,960 + $12,920
$16,880
2012
$1,106 (−0.8%)
$3,960 + $12,920
$16,880
2011
$1,116 (−22.7%)
$3,980 + $14,360
$18,340
2010
$1,443 (+1.0%)
$3,980 + $14,360
$18,340
2009
$1,429
$4,140 + $20,320
$24,460
Tax history for 4230 Forrest Hill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,391 (−0.8%)
$5,260 + $42,480
$47,740
2024
$2,412 (+1.0%)
$5,260 + $42,480
$47,740
2023
$2,387 (+26.4%)
$5,000 + $42,250
$47,250
2022
$1,888 (−9.8%)
$4,670 + $29,070
$33,740
2021
$2,094 (+13.1%)
$4,670 + $29,070
$33,740
2020
$1,852 (+0.5%)
$4,910 + $30,570
$35,480
2019
$1,842 (+14.2%)
$4,070 + $23,210
$27,280
2018
$1,613 (+5.6%)
$4,070 + $23,210
$27,280
2017
$1,527 (+30.2%)
$3,930 + $18,050
$21,980
2016
$1,173 (+0.3%)
$3,930 + $18,050
$21,980
2015
$1,169 (+15.2%)
$3,960 + $16,290
$20,250
2014
$1,015 (−1.7%)
$3,960 + $16,290
$20,250
2013
$1,033 (−6.6%)
$3,960 + $12,920
$16,880
2012
$1,106 (−0.8%)
$3,960 + $12,920
$16,880
2011
$1,116 (−22.7%)
$3,980 + $14,360
$18,340
2010
$1,443 (+1.0%)
$3,980 + $14,360
$18,340
2009
$1,429
$4,140 + $20,320
$24,460
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
8,025 Sq. Ft.
Year renovated
—
Sq. Ft.
2,808
Year built
1970
Style
Other
County
El Paso County
APN
7325208022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 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.
Utilities: Cable Available, Electricity Available, Natural Gas Available
Sewer: Public Sewer
Heating & Cooling
Cooling: Air Conditioning-Room
Heating: Hot Water, Natural Gas, Radiant
Location
Multi-Family Information
Gross Income: $5,050
Owner Pays: Other
Tenant Pays: Electricity, Gas, Other, Trash Collection, Water
Unit Type 1 Information
Unit Type: 2 Bedroom
Description: Unit 4
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Storage Units: 1
# Of Parkings Per Unit: 1
Unit Average SqFt: 745
Unit Average Rent: $1,200
Unit Type 2 Information
Unit Type: 2 Bedroom
Description: Unit 3
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Storage Units: 1
# Of Parkings Per Unit: 1
Unit Average SqFt: 745
Unit Average Rent: $1,300
Unit Type 3 Information
Unit Type: 2 Bedroom
Description: Unit 2
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Storage Units: 1
# Of Parkings Per Unit: 1
Unit Average SqFt: 745
Unit Average Rent: $1,200
Unit Type 4 Information
Unit Type: 2 Bedroom
Description: Unit 1
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Storage Units: 1
# Of Parkings Per Unit: 1
Unit Average SqFt: 745
Unit Average Rent: $1,350
School Information
Elementary School: Jackson
Elementary School District: Colorado Springs 11
Middle Or Junior School: Holmes
High School: Coronado
High School District: Colorado Springs 11
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,808
Stories: 2.0
Lot Size: 8,025 square feet
Style: Other
Year Built: 1970
Year Renovated: —
County: El Paso County
APN: 7325208022
Home facts updated by county records on Sep 2, 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...