Selected for the Terner Labs Housing Venture Lab

3445 Cochran Drive, Colorado Springs, CO 80916

Active
Listed 66 days ago
Owner-Occupant Eligible
$760,000

About $1,306 a month to live here, after the rent from the other homes.

Quadplex3,536 sqft8 beds4 bathsListed Sep 7, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$1,306a month

The other homes rent for $3,900. We hold back $702 of that for repairs and an empty month, and the rest goes toward a $4,504 monthly payment.

Income to qualify: about $89,000 a year

With how much down?

At 20% down ($152,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $99,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$38,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expense fee to tenants for Water, Trash. Ideal for investors looking to expand their portfolio or owner-occupants seeking to live in one unit while generating rental income from the others. Rent roll available with accepted contract. The property offers a functional layout across multiple units and is located within Harrison School District 2, with convenient access to local amenities, military installations, major roadways, and employment centers. This property presents a great value-add opportunity with upside potential through rental optimization or owner occupied option.

Quadplex

Property Type

8,075 sqft

Lot Size

1984

Year Built

Listing Date: 09/07/2026

Listed by: Rebecca Groe

Listing office: Coldwell Banker Realty BK

Contact: 719-640-8167

Source: REcolorado #5591151

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$760,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$760,000
Your Down Payment$152,000
Financed$608,000
Estimated Monthly Payment$4,504

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($152,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,504/month
Principal + Interest
$3,645
Property Taxes
$151
Home Insurance
$635
HOA$73
Rental Income (3 Units)
$3,900/month

From the listing description.

Rental Expenses
-$702
Cost to live here
$1,306/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 5591151 · Listing office: Coldwell Banker Realty BK

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