8220 W Highway 24, Cascade, CO 80809
8220 W Highway 24, Cascade, CO 80809
8220 W Highway 24, Cascade, CO 80809
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Listed by David Carter ABR GRI MRP SRS Call It Closed International Realty
$815,000
Est. payment /mo
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2 Acres Lot
New

8220 W Highway 24 Cascade, CO 80809

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2040443

Construction Status Existing

Year Built 1955

Annual Tax Amount $2,705

Tax Year 2025

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Fourplex

Source Pikes Peak REALTOR® Services

Property Description

Rare Ute Pass income play on 2 usable acres between Woodland Park and Colorado Springs — a fully-occupied 1955 fourplex with a 5+ year near-zero-vacancy track record and real capital already in the ground: upgraded electrical, all-new windows, and two turnkey-remodeled units (new kitchens, LVP flooring, paint, and appliances). Four 2-bed/1-bath units (~689 sf) with gas heat, gas ranges, refrigerators, and in-unit washer hookups; shared dryer, bear-proof trash, and a utility shed on the grounds. Lean operating profile — tenants cover electric, gas, and water; owner carries trash only. Unincorporated El Paso County has no short-term-rental permit requirement (buyer to verify) — pair that with two already-renovated units, a private drive, abundant parking, mountain views, and national-forest access, and the property reads as a compelling STR / mid-term-rental conversion or owner-occupant house-hack (FHA/VA financing possible on a 2–4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers.

Location

State CO

County El Paso

Interior

Heating Natural Gas, Wall Furnace

Cooling Attic Fan

Fireplaces Type None

Furnishings Existing

Window Features Aluminum

Appliance Cook Top, Dishwasher, Refrigerator

Laundry Common

Exterior

Carport Spaces 8

Fence None

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Other

Building

Sewer Septic

Water Municipal

Construction Status Existing

Schools

School District Manitou Springs-14

Others

Tax ID 8323200042

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA


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Marquesa Hobbs, Realtor

Marquesa Hobbs, Realtor

Agent | License ID: FA100054980

+1(719) 238-0330

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8220 W Highway 24