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    621 Royal Gorge Blvd Canon City, CO 81212

    For Sale
    $425,000

    MULTI_FAMILY - Canon City, CO

    Lot size:
    0.18 Acres
    Days on Market:
    61
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 621 Royal Gorge Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Basement
    Crawl Space
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1930
    Roof type
    Shingle

    Berkshire Hathaway HomeServices Rocky Mountain, REALTORS (719) 576-6767 [email protected]

    Listing agent Toby Lorenc GRI LHP (719) 332-4816

    Listing date Oct 14, 2025

    MLS# 2660340 Listing URL

    Copyright © 2025 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Canon City Fourplex Investment

    This fourplex is located in downtown Canon City. The property is fully occupied and generates monthly income. Each unit features hardwood floors, bay windows, and exposed brick walls. A sunroom in each unit can serve as a sitting area or a non-conforming bedroom. Unit A includes a fenced rear yard, and all units have multiple entry points. The studio apartments each include a full kitchen and divisible spaces suitable for bedroom areas with closets. The property benefits from off-street parking in a rear lot. The location provides access to downtown festivals, events, shopping, and restaurants. Outdoor recreation opportunities are nearby, including white water rafting, biking, hiking, and the Arkansas Riverwalk Trail, which is located three blocks away. The lot size is 0.1818 acres. This multifamily building is suitable for investment or for an owner-occupant to live in one unit and rent the others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Canon City
    County
    Fremont
    State
    Colorado
    Longitude
    -105.238159
    Latitude
    38.440967

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    FAQs

    What type of property is this?
    Quadplex - Fully occupied fourplex near downtown Canon City's amenities.
    Where is this quadplex located?
    The property is located at 621 Royal Gorge Blvd Canon City, CO.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Fully occupied fourplex generating monthly income.; - Prime downtown Canon City location near shops, restaurants, festivals, and events.; - Proximity to outdoor recreation including white water rafting, biking, hiking, and the Arkansas Riverwalk Trail.
    (719) 332-4816
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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

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    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
    621 Royal Gorge Blvd Canon City, CO 81212
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