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    204 Victor Ave Victor, CO 80860

    For Sale
    $779,000

    Multi-Family - Victor, CO

    Type:Multi Family
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 204 Victor Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    VIC
    Parking features
    Carport, Garage

    Building Details

    Year built
    1899
    Number of units
    3
    Building materials
    Brick, Concrete
    Architectural style
    Other

    Worth Clark Realty (719) 581-2007 [email protected]

    Listing agent Melissa Rosine (800) 991-6092

    Listing date Oct 9, 2025

    MLS# 1800631 Listing URL

    Copyright © 2025 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Victor Multifamily Investment Opportunity

    This is an investment opportunity to own three buildings in downtown Victor, Colorado, also known as the City of Gold Mines, situated on the southwest side of Pikes Peak within the Cripple Creek Victor Mining District. The properties are central to the Gold Belt National Scenic Byway and located in a National Historic District. The buildings include storefront units suitable for retail, office, or commercial use. A city-provided architect is available at no cost to the owner for planning any renovations or additions. The buildings are currently occupied by tenants and offer room to expand. One 4-plex includes 7 bedrooms and 4 bathrooms. The duplex has 4 bedrooms plus a loft and 2 bathrooms. The 5-plex includes 7 to 8 bedrooms plus a loft and 5 bathrooms. Each building has the potential to add additional income-providing units. A separate lot and a garage are included. Victor is located five miles from Cripple Creek and 45 minutes from Colorado Springs and Pikes Peak.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Victor
    County
    Teller
    State
    Colorado
    Longitude
    -105.13936996
    Latitude
    38.70987937

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    FAQs

    What type of property is this?
    Apartment building - Three buildings with expansion potential in historic Victor, Colorado.
    Where is this apartment building located?
    The property is located at 204 Victor Ave Victor, CO.
    What is the asking price?
    The asking price for this property is $779,000.
    What are key features of this property?
    This property features: - Rare investment opportunity: Three buildings in downtown Victor, Colorado.; - Buildings include **storefront units suitable for retail/office/commercial use**.; - Currently tenant-occupied with **potential for expansion and increased income**.
    (800) 991-6092
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    204 Victor Ave Victor, CO 80860
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    Victor, CO 80860
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Victor Ave Victor, CO 80860
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