Selected for the Terner Labs Housing Venture Lab

6664 Provincial Drive, Fountain, CO 80817

Active
Listed 56 days ago
Owner-Occupant Eligible
$650,000

About $313 a month to live here, after the rent from the other homes.

Quadplex3,442 sqft8 beds4 bathsListed Sep 17, 2026

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

Live here for about

$313a month

The other homes rent for $4,479. We hold back $739 of that for repairs and an empty month, and the rest goes toward a $4,053 monthly payment.

Income to qualify: about $73,000 a year

With how much down?

At 20% down ($130,000) 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 $85,000 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.

$32,500 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

MODUS Real Estate is pleased to present 6664–6670 Provincial Dr, a 4-unit multifamily asset in Fountain, Colorado — the closest incorporated community to Fort Carson and a core rental market within the Colorado Springs MSA. The property is an all-two-bedroom quadplex totaling approximately 3,442 net rentable square feet, built in 1987. The asset is currently 95% occupied with in-place rents of $1,100/month, roughly 15% below the $1,295/month market rent supported by recent quadplex leasing in the immediate submarket. Executing a mark-to-market turn strategy alongside a RUBS utility bill-back drives NOI from $30,415 (T-12) to $42,568 (Year 1 pro forma) — approximately 40% NOI growth — expanding the going-in cap rate from 4.68% to a stabilized 6.55%. Demand is anchored by Fort Carson (~8 miles north; 26,000+ active-duty soldiers, ~40,000 family members, 57% living off-post) and reinforced by Peterson and Schriever Space Force Bases. As the newest asset among recent Provincial Dr and Alegre Cir quadplex sales, the pricing is directly validated by the same-street 6600–6606 Provincial Dr sale at $161,000/unit.

Quadplex

Property Type

1987

Year Built

Listing Date: 09/17/2026

Listed by: Andrew Stephens

Listing office: MODUS Real Estate

Contact: 720-496-8868

Source: REcolorado #7311767

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%
$650,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$650,000
Your Down Payment$130,000
Financed$520,000
Estimated Monthly Payment$4,053

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 ($130,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,053/month
Principal + Interest
$3,118
Property Taxes
$317
Home Insurance
$618
Rental Income (3 Units)
$4,479/month

From the listing description.

Rental Expenses
-$739
Cost to live here
$313/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# 7311767 · Listing office: MODUS Real Estate

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