1512-1518 S Corona Ave

For Sale

1512 S Corona Ave, Colorado Springs, CO 80905

This Colorado Springs property for sale is located at 1512 S Corona Ave. The general use of 1512-1518 S Corona Ave is multi-family and it incorporates 6,055 square feet of class C multi-family space. The current listed sale price for 1512-1518 S Corona Ave is $2,350,000. 1512-1518 S Corona Ave is situated on a lot that is 0.75 acre in size.

Contacts

broker
Will McCauley

Unique Properties

Property Details

  • Property Type Multi-Family
  • Property Size 6,055 SF
  • Units 14
  • Lot Size 0.75 Acre
  • Building Class C
  • Year Built 1954
  • Year Renovated 2024
  • Date Updated Mar 10, 2025
1512-1518 S Corona Ave1512-1518 S Corona Ave, Colorado Springs is a 14-unit apartment building, comprised of 14 one -bedroom, one - bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades with new windows, a refreshed painted exterior, new roofs and a perimeter fence. This property also comes equipped with a wireless security camera system, brand new washer and dryer units and high-speed internet. With its prime location 1512-1518 S Corona Ave presents a turnkey investment opportunity with immediate cashflow. This property offers a 6.71% cap rate and 5.24% cash on cash return. The seller is willing to offer creative financing, please call broker for details!
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Getting around

  • 73/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 74/100

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Location

  • City Colorado Springs, CO
  • Neighborhood Spring Creek
  • Zip Code 80905
  • Market Denver

Points of Interest

  • Manitou Depot

    6.82 miles

  • Maverick

    0.33 miles

  • Valero

    0.35 miles

  • Everyday Fuel

    0.38 miles

  • Tesla Supercharger

    0.69 miles

  • ChargePoint

    1.01 miles

  • Maverik

    1.20 miles

  • 7-Eleven

    1.28 miles

  • Circle K

    1.60 miles

  • Phillips 66

    1.65 miles

  • Sinclair

    1.75 miles

  • Ivywild Front Parking

    0.49 miles

  • El Paso County Parking Structure - Costilla Garage

    1.19 miles

  • El Paso County Professional Parking Structure

    1.20 miles

  • El Paso County Juror Parking

    1.27 miles

  • El Paso County Parking Structure - Sahwatch Garage

    1.36 miles

  • City Administration Building Parking Garage

    1.39 miles

  • Fire Department Parking

    1.42 miles

  • Conover Building Parking

    1.44 miles

  • First Baptist Church of Colorado Springs Parking

    1.54 miles

  • Mountain Metro Terminal and Public Parking

    1.59 miles

  • Sun Springs Motel

    0.21 miles

  • Rodeway Inn and Suites

    0.22 miles

  • Circle S Motel

    0.25 miles

  • Stagecoach Motel

    0.26 miles

  • TravelStar Inn & Suites

    0.29 miles

  • Howard Johnson by Wyndham Colorado Springs

    0.37 miles

  • Chateau

    0.42 miles

  • Nevada Motel

    0.58 miles

  • Travel Inn

    1.00 miles

  • Travelers Uptown Motel

    1.05 miles

  • Natural Grocers

    0.29 miles

  • Sprouts Farmers Market

    0.33 miles

  • Safeway

    0.51 miles

  • Big R

    0.64 miles

  • Ross

    0.74 miles

  • Walmart Supercenter

    1.32 miles

  • Target

    1.62 miles

  • Kohl's

    2.08 miles

  • My BargainMart

    2.17 miles

  • Tortilleria Delicias #2

    2.21 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Will McCauley

Unique Properties

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