Cimarron Hills Real Estate

INVESTMENT OPPORTUNITY | FOURPLEX | CIMARRON HILLS | NEAR PETERSON SFB Don’t miss this income-producing fourplex at 1117 Cree Drive in Colorado Springs’ Cimarron Hills neighborhood. Four large 1-bedroom apartments (~625 sq ft each) offer a simple, in-demand floor plan that rents well to singles, couples, and military-adjacent tenants. Each unit has individually metered gas and electric. The landlord pays water, sewer, trash, and the house electric meter that serves exterior lighting and the on-site coin laundry. Residents get practical extras that hold tenants: plenty of off-street parking in the fenced backyard, motion-activated security lighting, recently poured sidewalks, and a locked ~30 sq ft exterior storage closet for each apartment (some with power). Seller-owned coin-operated laundry (2 washers and 2 dryers) is an additional income stream, not a giveaway amenity. All four units are leased and currently producing income. Every lease has expired and is now month-to-month, so a new owner can keep the existing tenants, reset rents, or re-tenant on their own terms. A bidirectional exterior sewer cleanout in the backyard makes maintenance access straightforward. Location is a working renter’s commute: minutes from Peterson Space Force Base, with convenient access to the Powers Boulevard corridor, Highway 24, Academy Boulevard, shopping, dining, and everyday services. Whether you want a turnkey fourplex for the rent roll, a long-hold east-side asset, or a property you can operate with low utility complexity, this is a clean, understandable four-unit investment. Schedule your showing today.

1117 Cree Dr, Colorado Springs

$396,000

3 Beds ⋅ 2 Baths ⋅ 1281852 MLS

Well-maintained 3-bedroom, 2-bathroom tri-level home located in the established Cimarron Hills area of Colorado Springs. Conveniently positioned near Fort Carson, Peterson Space Force Base, Schriever Space Force Base, the Powers Corridor, shopping, dining, schools, and major commuter routes. This property offers a functional floor plan with multiple living areas, abundant natural light, and updates throughout. The kitchen features ample cabinetry, generous counter space, and opens to the dining area, creating an efficient layout for everyday living and entertaining. The lower-level family room provides additional flexible space suitable for a second living area, home office, or recreation room. Recent improvements include a radon mitigation system and a new roof installed in 2024, providing added value and peace of mind. Situated on a generously sized lot, the fully fenced backyard offers privacy and usable outdoor space, complete with a storage shed and room for outdoor living, gardening, or recreation. An oversized attached one-car garage provides additional storage and convenience. This move-in ready property presents an excellent opportunity for owner-occupants, military buyers, or investors seeking a well-maintained home in a centrally located Colorado Springs neighborhood with easy access to employment centers, military installations, and everyday amenities.

7115 White Mountain Dr, Colorado Springs

$364,950

4 Beds ⋅ 2 Baths ⋅ 9704958 MLS

Welcome to this versatile Cimmaron Hills home offering the ideal layout for flexible living. This property features a two-story design with a fully finished, garden-level walk-out basement. Boasting two bedrooms, spacious living areas, and a bathroom on each level, it's perfect for multi-generational families, growing households, or savvy buyers looking to generate rental income. The front entry leads to a bright main-level living room that flows seamlessly into the dining area and kitchen. Gleaming hardwood floors run through both the primary and guest bedrooms. Just steps away, the kitchen opens directly to the covered upper level of a two-tiered deck, making indoor-outdoor entertaining effortless. Finally, you'll find the full bath serving the main level. Downstairs, a striking stone wood-burning fireplace serves as the focal point of the lower living area. With independent backyard access via a sliding patio door, this level is perfect for guests or tenants. You will also find two additional bedrooms, a 3/4 bathroom, and a dedicated utility room with laundry and a water filtration system. The backyard is a true retreat, offering an open-air lower deck with beautiful mountain views and a lush lawn kept vibrant by an automated sprinkler system. Add some vibrancy to the backyard with the included greenhouse and multiple raised garden beds. Bring your toys and hobbies and appreciate the secure attached garage, backyard storage buildings, and a carport big enough for your RV or boat. Enjoy complete peace of mind with updates including a new roof (2024), central AC (2022), energy-efficient windows, security doors, and carport (2018), and a furnace (2014). Don't wait, schedule your tour today!

1340 Kachina Drive, Colorado Springs

$364,950

4 Beds ⋅ 2 Baths ⋅ 8621725 MLS

Welcome to this versatile Cimmaron Hills home offering the ideal layout for flexible living. This property features a two-story design with a fully finished, garden-level walk-out basement. Boasting two bedrooms, spacious living areas, and a bathroom on each level, it's perfect for multi-generational families, growing households, or savvy buyers looking to generate rental income. The front entry leads to a bright main-level living room that flows seamlessly into the dining area and kitchen. Gleaming hardwood floors run through both the primary and guest bedrooms. Just steps away, the kitchen opens directly to the covered upper level of a two-tiered deck, making indoor-outdoor entertaining effortless. Finally, you'll find the full bath serving the main level. Downstairs, a striking stone wood-burning fireplace serves as the focal point of the lower living area. With independent backyard access via a sliding patio door, this level is perfect for guests or tenants. You will also find two additional bedrooms, a 3/4 bathroom, and a dedicated utility room with laundry and a water filtration system. The backyard is a true retreat, offering an open-air lower deck with beautiful mountain views and a lush lawn kept vibrant by an automated sprinkler system. Add some vibrancy to the backyard with the included greenhouse and multiple raised garden beds. Bring your toys and hobbies and appreciate the secure attached garage, backyard storage buildings, and a carport big enough for your RV or boat. Enjoy complete peace of mind with updates including a new roof (2024), central AC (2022), energy-efficient windows, security doors, and carport (2018), and a furnace (2014). Don't wait, schedule your tour today!

1340 Kachina Dr, Colorado Springs

$315,000

5 Beds ⋅ 2 Baths ⋅ 2312413 MLS

** Investor or Sweat Equity Opportunity in Colorado Springs! Featuring 5 Bedrooms, 2 Bathrooms, Attached 1-car Garage, this home could be an excellent opportunity for an investor looking for their next investment/project or a handy buyer looking to add value and build sweat equity through renovations & improvements. Some big-ticket mechanicals are already addressed, a New Furnace and A/C were installed in 2026. Bathrooms were also updated within the last few years. With some updating and TLC, this property has the potential to become a great home or a worthwhile investment. *SHORT SALE - SOLD AS IS!*

1435 Peterson Rd, Colorado Springs

$350,000

4 Beds ⋅ 2 Baths ⋅ 9689920 MLS

Welcome home to this inviting 4-bedroom, 2-bathroom tri-level with a functional layout, comfortable living spaces, and plenty of room both inside and out. Step inside to a bright and welcoming main level featuring beautiful natural light, recessed lighting, and an open flow between the living and dining areas. The kitchen is a standout, offering abundant cabinetry, stainless steel appliances, and ample workspace for everyday living or entertaining. The home's versatile multi-level floor plan provides space for everyone, with generously sized bedrooms, comfortable living areas, and a lower-level space that offers flexibility for a family room, home office, workout space, or additional living area. The bedrooms feature ceiling fans, generous closets, and plenty of natural light. Outside, enjoy a large covered patio, and a spacious fenced yard with plenty of room for outdoor entertaining, gardening, pets, or simply relaxing. The property also offers ample off-street parking and a convenient location in the established Cimarron Hills neighborhood. With approximately 1,627 square feet, and a 7,300-square-foot lot, this home offers the space and flexibility buyers are looking for while maintaining a comfortable, approachable feel. Conveniently located near shopping, dining, parks, and major Colorado Springs corridors, this is a home worth seeing in person!

7165 White Mountain Dr, Colorado Springs

$350,000

4 Beds ⋅ 2 Baths ⋅ 5258337 MLS

Welcome home to this inviting 4-bedroom, 2-bathroom tri-level with a functional layout, comfortable living spaces, and plenty of room both inside and out. Step inside to a bright and welcoming main level featuring beautiful natural light, recessed lighting, and an open flow between the living and dining areas. The kitchen is a standout, offering abundant cabinetry, stainless steel appliances, and ample workspace for everyday living or entertaining. The home's versatile multi-level floor plan provides space for everyone, with generously sized bedrooms, comfortable living areas, and a lower-level space that offers flexibility for a family room, home office, workout space, or additional living area. The bedrooms feature ceiling fans, generous closets, and plenty of natural light. Outside, enjoy a large covered patio, and a spacious fenced yard with plenty of room for outdoor entertaining, gardening, pets, or simply relaxing. The property also offers ample off-street parking and a convenient location in the established Cimarron Hills neighborhood. With approximately 1,627 square feet, and a 7,300-square-foot lot, this home offers the space and flexibility buyers are looking for while maintaining a comfortable, approachable feel. Conveniently located near shopping, dining, parks, and major Colorado Springs corridors, this is a home worth seeing in person!

7165 White Mountain Drive, Colorado Springs

$400,000

5 Beds ⋅ 3 Baths ⋅ 7484961 MLS

Beautifully remodeled rancher with a 2-car attached garage just outside the city limits! This move-in ready home offers the perfect combination of modern updates and Colorado living with mountain views for days. The kitchen and bathrooms have been tastefully remodeled, and you'll love the fresh interior and exterior paint, newer kitchen appliances, new wood laminate flooring, and newer carpet throughout. The fully finished basement features a cozy wood-burning fireplace, creating the perfect space for movie nights, game days, or relaxing with family and friends. Step outside to the huge covered decks, private and each accessible from either the kitchen and the owner's suite, making it the perfect place to enjoy your morning coffee or unwind in the evenings. The fully fenced backyard offers something for everyone, including a charming she/he shed or granny flat complete with a front porch, and an oversized flat, usable yard for you to transform into your perfect outdoor living space. Located just minutes from shopping, dining, hiking, and military installations, this home offers the best of peaceful living with easy access to everything Colorado Springs has to offer. This one truly checks all the boxes. Schedule your showing today, and don't forget to take the 3D tour!

1830 Pima Dr, Colorado Springs

$349,900

3 Beds ⋅ 2 Baths ⋅ 6880780 MLS

Recently updated corporate-owned property priced to sell. Great opportunity for investors or owner-occupants. The property has previously been used as a rental, and the seller has not occupied the home. Recent seller improvements include Fence repair, patio repair, exterior and interior paint, and minor repairs throughout the house. Buyers are encouraged to verify all measurements, information, and property condition to their satisfaction. Some images in this listing have been virtually staged

6782 Dale Rd, Colorado Springs

$599,000

7116519 MLS

Don’t miss this exceptional fourplex investment opportunity! Each unit features a comfortable and functional floor plan with a living room, an eat-in kitchen, two bedrooms, and a full bathroom. Residents enjoy the convenience of an on-site laundry facility. With a strong rental history and a location offering easy access to I-25, Highway 24, and S. Academy Boulevard, this property is just minutes from shopping, dining, parks, and recreational amenities. Whether you're looking to expand your portfolio, owner occupy, and/or secure a reliable income-producing asset, this may be the one you're looking for! Schedule your showing today!

1165 Chiricahua Loop, Colorado Springs

$380,000

2 Beds ⋅ 2 Baths ⋅ 3037301 MLS

This beautifully crafted 2-bedroom, 2-bathroom home built in 2020 is designed for modern living with an emphasis on indoor-outdoor flow. The residence features a standout balcony that offers views of Pikes Peak, letting you enjoy sunrise coffees or sunset gatherings with the mountain as a backdrop. Inside, the open-concept living space is filled with natural light, and the modern kitchen is equipped with contemporary appliances, ample counter space, and stylish finishes. The home is built to a high standard with durable materials and thoughtful details throughout. Location-wise, the property sits in a serene Colorado Springs neighborhood and is conveniently close to Fort Carson—about a 30-minute drive—and just 5 minutes from Fort Peterson, providing easy access to local services and amenities. The surrounding area offers easy access to shopping, dining, parks, and recreational opportunities, plus nearby trails and open spaces to enjoy the Colorado outdoors. This property is ideal for buyers seeking move-in readiness, striking views, and , whether as a primary residence or a strong rental investment in a desirable Colorado Springs locale.

7467 Sun Chaser Hts, Colorado Springs

$169,000

7402823 MLS

Great lot and prime building opportunity in the established Cimarron Hills community! Tucked away in a quiet cul-de-sac, this lot offers unbeatable access to the Powers and Highway 24 corridor, the new expanded airport, thriving new development with shopping, restaurants and much more. The previous home that was on the lot sustained significant fire damage; it has been fully remediated and passed all state asbestos and safety inspections leaving a clean site with a foundation. Value-add features include an intact garage structure, a brand-new fence, a concrete patio, and a sturdy concrete retaining wall in the backyard. Do not miss this opportunity to rebuild build your dream home in a an established neighborhood.

1099 Kachina Dr, Colorado Springs

Cimarron Hills Real Estate

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