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Occupied Fourplex
For Sale
$725,000

217 W Masonic Avenue, Cripple Creek, CO 80813

Residential Income, Cripple Creek, CO

Property SizeContact for details
Lot Size0.29 Acres
Days on Market103

Property Features for 217 W Masonic Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Basement Full
Elementary school district Cripple Crk/Victor-RE1
Middle school district Cripple Crk/Victor-RE1
High school district Cripple Crk/Victor-RE1
Standard status Active
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1012

Utilities

Heating system Electric (Heating), Baseboard

Building Details

Year built 1998
Roof type Shingle
Listing Agency: Your Neighborhood Realty, Inc.
Listed By: Michael Slaback
Added: May 14 Changed: Aug 19 Last Checked: Aug 24 at 4:06AM
MLS# 2712564

Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential property was built in 1998 and sits on a 0.29-acre parcel. The building is served by electric baseboard heating and has a shingle roof, providing a straightforward physical profile for an income-property buyer.

Located at 217 W Masonic Avenue in Cripple Creek, the property is within walking distance of shops, restaurants, and casinos. All units are currently occupied, offering an established occupancy position for the next owner.

Key Highlights

  • Four‑unit residential property
  • All units are currently occupied
  • 0.29‑acre lot

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 80813, CO

1,961
Population
1,319
Households
1.5
Avg Household Size
51
Median Age
31%
College-Educated
90%
High-School Grad
112.7 sq mi
ZIP Area
17
Density / Sq Mi
$47,799
Median Household Income
$45,250
Median Earnings
$1,171
Median Rent
$302,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Current occupancy spans all four residences.
Where is this quadplex located?
The property is located at 217 W Masonic Avenue Cripple Creek, CO.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Four‑unit residential property; All units are currently occupied; 0.29‑acre lot
More about this property
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