Renting a single family home to multiple tenants can be done, but it’s important that you distinguish between renting the property out as a whole and renting it out bedroom by bedroom. You just need to be careful. Some owners are under the impression they can rent out individual bedrooms in their homes, but it really depends on your location and corresponding zoning laws.

Home for Rent vs. Rooms for Rent

So, maybe you have a four bedroom property and there are four tenants who want to occupy it. Instead of renting out the entire house, you might want to rent out each of the four bedrooms separately to each tenant, and then use the kitchen and living room as common areas. Depending on your area and its zoning laws, this may or may not be permissible. So check to make sure your property is allowed to accommodate this sort of situation. If you have an R1 zoning, you need to rent the property out in its entirety to people or a family. So if you have four tenants, they would have to be renting the entire property together and you wouldn’t break it down by bedroom. If you do have the ability, go ahead and do it.

Changing Your Zoning – Variances

You can also attempt to change your zoning when you’re renting to multiple tenants. We see this most often around colleges. Usually, you will find four different students who want to rent out part of the property for different time periods. So, it’s easier for the landlord to rent out individual rooms on a monthly rent basis. If you aren’t currently zoned for this, you can apply for a variance through your county or city or municipality.

If you need anything or have questions about property management in Colorado Springs, please don’t hesitate to contact us at Muldoon Associates.

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Daniel Muldoon
Property Manager-Owner

Daniel was the youngest licensed REALTOR in Colorado when he received his real estate license in 2003. He spends most of his time managing residential properties but also handles real estate investment sales. He is a member of local and national REALTOR associations, a member of the Landlord Protection Agency and the National Association of Residential Property Managers. When Daniel is not working (which doesn’t happen often!) he enjoys fishing, hunting, kayaking and spending time with this family.

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Jim Calderon
Maintenance Lead

Jim has been employed by Muldoon Associates, Inc for 7 years. He handles our showing coordination and is responsible for the detailed work of move in and move out inspections, periodic inspections, and other daily tasks. He is a native of Pueblo, CO and spends much of his free time at pool tournaments in Colorado and surrounding areas.

Ann Lepp
Office Manager

Ann has been an employee of Muldoon Associates, Inc for over 15 years! Her experience is greatly appreciated by owners and tenants alike. She handles all of the accounts receivables and accounts payables for our management department. Her two boys keep her busy after work and she enjoys trips to Cripple Creek.

Lovella Thompson
Tenant Concierge

Samantha Rivera
Front Desk/Office Support Staff

Jesse Scott
Property Manager

Laura Mulay
Prospective Tenant Concierge

I have worked in property management for a long time and I’ve worked with Muldoon Associates, Inc since 2005.  I enjoy working and I make sure I complete my job at my highest level.  I am family oriented and like to spend time with them.

Michelle Gooley
Accounting Lead