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$649,000

340 Gahart Dr

Colorado Springs, CO
Active
10
Bedrooms
3,672
Square Feet
1972
Year Built
58
Days On Market

Cushman & Wakefield presents 340 Gahart Drive, an opportunity to acquire a well-located four-unit multifamily asset in one of Colorado Springs' established residential neighborhoods. The property offers investors the benefits of a smaller apartment community with streamlined management, diversified income from four rental units, and strong long-term demand driven by the city's continued population and employment growth. The building features two units with desirable 3BD/1BA and two units with 2BD/1BA. Positioned with convenient access to both South Academy and Powers Blvd corridors, major employment centers such as Amazon Distribution Warehouse, shopping, dining, schools, and countless recreational amenities, the property is well situated to attract a broad tenant base. Colorado Springs continues to experience healthy economic expansion fueled by the defense, aerospace, healthcare, technology, and education sectors, supporting consistent demand for quality rental housing throughout the region. Whether added to an existing portfolio or acquired as a standalone investment, 340 Gahart Drive offers an attractive combination of location, income potential, and long-term appreciation within one of Colorado's most resilient multifamily markets. Lease Information: Unit 1- Lease Expires 8/7/26, Unit 2- Lease Expires 11/15/2026, Unit 3- Vacant, Unit 4- Lease Expires 2/28/27

Listing Information

Listing Updated
08/03/2026
Listed By
Lee Wagner, 4174592155 · Cushman & Wakefield, 3032923700
MLS#
9848883
Source
IRES MLS
Status
Active

Facts & Features

Location

Community Information

Address
340 Gahart Dr, Colorado Springs, CO 80916
City
Colorado Springs
County
El Paso
Neighborhood
Eastborough
Zip Code
80916

Architecture

Bedrooms
10
Year Built
1972
Construction Materials
Frame
Building Area
3,672 sq. ft.
Roof
Composition
Levels
Two
Garage
Yes
Garage Spaces
8
Parking Features
Off Street

Property Features

Sewer
Public Sewer
Utilities
Natural Gas Available

Square Footage

Above Grade
3,672 sq. ft.
Total
3,672 sq. ft.

Tax & Financial Information

List Price
$649,000
Annual Taxes
$2,307

Schools

77/100
Wilson Elementary School
Elementary · Grades PK–05 · 1.9 mi
City
Colorado Springs
Students
346
Parent reviews
5.0★ avg · 1 review
Student body
57% Hispanic / Latino · 28% White · 9% Black
Free/reduced lunch
76%
Phone
(719) 328-7800
74/100
Centennial Elementary School
Elementary · Grades PK–05 · 1.7 mi
City
Colorado Springs
Students
526
Parent reviews
5.0★ avg · 1 review
Student body
51% Hispanic / Latino · 22% Black · 15% White
Free/reduced lunch
91%
Phone
(719) 579-2155
73/100
Sand Creek International School
Elementary · Grades KG–08 · 0.4 mi
City
Colorado Springs
Students
557
Parent reviews
5.0★ avg · 1 review
Student body
60% Hispanic / Latino · 16% White · 13% Black
Free/reduced lunch
66%
Phone
(719) 579-3760
66/100
Atlas Preparatory High School
High · Grades 09–12 · 1.3 mi
City
Colorado Springs
Students
814
Parent reviews
4.3★ avg · 4 reviews
Student body
67% Hispanic / Latino · 15% Black · 13% White
Free/reduced lunch
91%
Phone
(719) 358-7196
64/100
Mitchell High School
High · Grades 09–12 · 1.6 mi
City
Colorado Springs
Students
1,159
Parent reviews
3.8★ avg · 5 reviews
Student body
52% Hispanic / Latino · 29% White · 11% Black
Free/reduced lunch
74%
Phone
(719) 328-6600
56/100
Career Building Academy
Grades 09–12 · 1.7 mi
City
Colorado Springs
Students
61
Student body
49% White · 30% Hispanic / Latino · 13% Black
Free/reduced lunch
5%
Phone
(719) 375-0241
55/100
Sierra High School
High · Grades 09–12 · 1.7 mi
City
Colorado Springs
Students
853
Student body
39% Hispanic / Latino · 33% Black · 17% White
Free/reduced lunch
69%
Phone
(719) 579-2090
54/100
Wildflower Elementary School
Elementary · Grades PK–05 · 0.8 mi
City
Colorado Springs
Students
376
Parent reviews
2.0★ avg · 1 review
Student body
49% Hispanic / Latino · 25% White · 17% Black
Free/reduced lunch
64%
Phone
(719) 579-2115

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/17/2026Listed for sale$649,000

Listed by Lee Wagner · Cushman & Wakefield · 3032923700

Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © IRES. Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller's agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user, Information deemed reliable but not Guaranteed. Information being provided is 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. Copyright ©2026 Information and Real Estate Services, LLC. All rights reserved.

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