Exciting Shooks Run Multi-family will kick-start your real estate investment portfolio! This profitable property consists of four fully furnished rental units! Walkable to Shooks Run Trail and Downtown Colorado Springs, the location can’t be beat! Owned and operated with tender loving care, every piece of décor has been selected to tell a story. Guests and tenants love staying here! Unit 1 is a two-story space with a groovy 1960’s theme! This unit walks out to the back parking lot. Unit 2 is a single level studio apartment with a Murphy bed and a 1930’s design! Unit 3 is two stories with a cozy interior and drive-up parking at the front, and no units above or below it. Unit 4 has a Mid Century style. This garden level space features direct access to the laundry room. Two units operate as monthly furnished rentals, while Units 1 and 4 are rented as annual furnished rentals. There is a parking lot for a total of three off-street parking spaces, as well as plenty of street parking. There’s a very nice large patio and sitting area in the back of the property. Enjoy a Pikes Peak view and alley access also. The on-site laundry room includes owned coin-operated washer and dryer for a little extra income. A central boiler serves the whole property. Each unit has portable A/C included. Owner provides one internet connection which the building shares. The rents include utilities and trash. Plumbing has been upgraded to PEX. The units have been operated let-free and smoke-free! This property has been in huge demand with many loyal visitors planning their visits in advance to make sure they get to stay here.
Property Details
- Cooling
- Other,See Prop Desc Remarks
- Heating
- Hot Water,Natural Gas
- Cooling Features
- Other,See Prop Desc Remarks
- Exterior Features
- Wood
- Acres
- 0.096
- Lot Size
- 4160.0000
- Lot Size (sqft)
- 4160.0
- Property Type
- Multi-Family
- Year Built
- 1900
- Foundation
- Full Basement
- Roof
- Composite Shingle
- Utility Features
- Electricity Connected,Natural Gas Connected
- Appliances
- Oven,Range,Refrigerator
- Water
- Municipal
- School District
- Colorado Springs 11
- County
- El Paso
- Region
- Colorado Springs
- Terms
- Cash,Conventional,FHA,VA
- MLS #
- 4774610
- Property Subtype
- Fourplex
- MLS #
- 4774610
- Date Listed
- April 12, 2026
- Address
- 209 Arcadia Street
Location
Legal
- The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
Last Updated: Jul 27, 2026 8:06 AM. Source: PPMLS
Provided By
Listed by Lauren Collier CNE GREEN MCNE MRP (#015977), 719-581-3115
Listing Office: Live Dream Colorado LLC (#00006035)
