Renovated Fourplex with Mountain
For Sale
$815,000
Pending
8220 W Highway 24, Cascade, CO 80809
Residential Income, Cascade, CO
Property SizeContact for details
Lot Size2.00 Acres
Days on Market45
Property Features for 8220 W Highway 24
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Elementary school district
Manitou Springs-14
Middle school district
Manitou Springs-14
High school district
Manitou Springs-14
Standard status
Pending
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2706
Utilities
Heating system
Wall Furnace, Natural Gas
Cooling system
Attic Fan
Amenities
gas heat
gas ranges
refrigerators
in-unit washer hookups
shared dryer
bear-proof trash
utility shed
Building Details
Year built
1955
Listing Agency:
Call It Closed International Realty
(407) 338-3339
Listed By:
David Carter ABR GRI MRP SRS · License #100069244
(719) 244-6378
Added: Jul 18
Changed: Aug 26
Last Checked: Aug 31 at 3:06PM
MLS# 2040443
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.
Built in 1955, this fourplex contains four two-bedroom, one-bath residences of approximately 689 square feet each. Two units have been renovated with new kitchens, LVP flooring, fresh paint, and appliances. The property also features upgraded electrical service, replacement windows, natural-gas wall furnaces, gas ranges, refrigerators, and in-unit washer hookups. Residents share a dryer, bear-proof trash storage, and a utility shed. Tenants pay electric, gas, and water, while ownership pays for trash service.
The property occupies 2 acres in unincorporated El Paso County and is reached by a private drive. Abundant parking, mountain views, and access to the national forest are included. The fourplex is fully occupied, and the source information reports a 5+ year near-zero-vacancy history. Short-term-rental permitting requirements should be independently verified before relying on that use.
The property occupies 2 acres in unincorporated El Paso County and is reached by a private drive. Abundant parking, mountain views, and access to the national forest are included. The fourplex is fully occupied, and the source information reports a 5+ year near-zero-vacancy history. Short-term-rental permitting requirements should be independently verified before relying on that use.
Key Highlights
- Four 2‑bed/1‑bath units, approximately 689 sf each
- 2‑acre property in unincorporated El Paso County
- Two units renovated with new kitchens, LVP flooring, paint, and appliances
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 80809, CO
1,525
Population
627
Households
2.4
Avg Household Size
52
Median Age
44%
College-Educated
98%
High-School Grad
49.6 sq mi
ZIP Area
31
Density / Sq Mi
$81,210
Median Household Income
$61,667
Median Earnings
$1,969
Median Rent
$496,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with upgraded systems, private access, and substantial on-site parking.
Where is this quadplex located?
The property is located at 8220 W Highway 24 Cascade, CO.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Four 2‑bed/1‑bath units, approximately 689 sf each; 2‑acre property in unincorporated El Paso County; Two units renovated with new kitchens, LVP flooring, paint, and appliances
