4228 Forrest Hill Rd

Colorado Springs, CO 80907

$925,000
Price
8
Beds
4
Baths
2,819 Sq. Ft.
$328 / Sq. Ft.
2,819
Sq. Ft.
$328
per Sq. Ft.

Description

We are pleased to present this fantastic investment opportunity in a high rental demand area along the Garden of the Gods Road corridor. This professionally managed property featuring 2bed/1bath units, has seen renovations across all 4 units including paint, cabinet hardware, kitchen backsplash, LVP flooring, bathroom vanities and tub surrounds. The updated units provide tenants comfortable and modern living arrangements, providing predictable returns to investors looking for a turn key opportunity...We are pleased to present this fantastic investment opportunity in a high rental demand area along the Garden of the Gods Road corridor. This professionally managed property featuring 2bed/1bath units, has seen renovations across all 4 units including paint, cabinet hardware, kitchen backsplash, LVP flooring, bathroom vanities and tub surrounds. The updated units provide tenants comfortable and modern living arrangements, providing predictable returns to investors looking for a turn key opportunity with a strong in-place roll. The property also features on site laundry and is within walking distance to local amenities like grocery stores, schools, parks, breweries and dining. This property is being offered in connection with the adjoining lot and an additional 4 units with 4226 Forrest Hill Rd, giving investors the ability to acquire a total of 8-units.
  1. Listed by Nic Polaski • Cushman & Wakefield • 719-238-9074

Property Details for 4228 Forrest Hill Road

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Holland Park
Association
No
Basement
No
LISTING UPDATED: 02/10/2025 02:40 PM

Property Details for 4228 Forrest Hill Road

StatusActive
MLS #9294008
Days on Compass47
Taxes$2,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size-
CountyEl Paso County

Building Information for 4228 Forrest Hill Road

Stories-Residences-Year Built1970Building Size-Lot Size-

Property Information for 4228 Forrest Hill Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2819
  • Sqft Total: 2819
  • Living Area (SqFt Finished): 2819
  • Above Grade Finished Area: 2819
  • Living SqFt: 2819
  • Area Source: Public Records
  • PSF Total: 328
  • PSF Above Grade: 328
  • PSF Finished: 328
  • Master on Main: No
  • Heating: Baseboard
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Laundry Features: Common Area
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 4
  • Unit Average Sq Ft: 700
  • Beds Total: 2
  • Baths Total: 1
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-6
  • Parking Details: 6
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 6
  • Parking Count: 6
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Jackson
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: Holmes
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Coronado
  • High School District: Colorado Springs 11
Site & Location Information
  • Property Exclusions: NA
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Stucco
  • Roof: Architecural Shingle
  • Common Walls: 2+ Common Walls
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer

Property History for 4228 Forrest Hill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4228 Forrest Hill Road

Taxable ValueLand$5,670Additions$37,600Total$43,270
Tax Record2024$2,192 ($183 / month)
Home Facts
Total Finished SqFt2,819 SqFtAbove Grade Finished SqFt2,819 SqFtStories2Lot Size9,100 SqFtStyleMulti-Family Dwelling (2-4)Year Built1970ZoningR4CountyEL PASOAPN7325208023

Schools near 4228 Forrest Hill Road

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

Holmes Middle School
Public6 to 8

Coronado High School
Public9 to 12

CIVA Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4228 Forrest Hill Road is a multi-family home for sale in Colorado Springs, CO 80907. This property was listed for sale on February 10, 2025 by Cushman & Wakefield, it's currently listed at $925,000. It has been on the market for a total of 47 days and was last sold on September 3, 2021. This listing's school district is Colorado Springs 11 School District. Nearby schools include Jackson Elementary School, Holmes Middle School and Coronado High School. 4228 Forrest Hill Road is a 8-bed, 4-bath, 2,819 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cushman & Wakefield, Nic Polaski

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 03/30/2025 03:01 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.