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Remodeled Four-Unit Quadplex
New
For Sale
$1,295,000

111 Crystal Park Rd, Manitou Springs, CO 80829

Four updated residences and a detached art studio occupy a tree-filled lot with off-street parking.

Property Size3,344 SF
Price / SF$387.26
Days on Market7

Property Features for 111 Crystal Park Rd

General Information

Standard status Active
Size 3,344 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,400

Amenities

detached art studio

Building Details

Buildings 2
Listing Agency: Real Estate Teams
Listed By: Sarah St. James · License #100049366
Source: Exprealty
Added: Sep 12 Changed: Sep 17 Last Checked: Sep 16 at 9:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Teams

Investment Insights

Based on property information with market context.

This four-unit property in Manitou Springs includes four remodeled residences and a detached art studio on an almost half-acre, tree-filled lot. Interior improvements include renovated kitchens and bathrooms, new appliances, flooring, paint, lighting, and updated finishes. Exterior and building upgrades include a newer roof, custom gutters, concrete work, exterior paint, new doors and windows, and two new 50-gallon water heaters. The property contains 3,344 square feet and provides off-street parking for residents and guests.

The location is within walking distance of restaurants, shopping, art galleries, community events, and hiking trails. The property also offers views of the Manitou Incline, Garden of the Gods, and Pikes Peak. A possible short-term rental opportunity is noted in the property information.

Key Highlights

  • Four remodeled residences plus a detached art studio
  • 3,344 square feet on an almost half‑acre, tree‑filled lot
  • Two new 50‑gallon water heaters, newer roof, and custom gutters

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Nail Salon Big Box & Wholesale Store Electrical Service Real Estate Agency Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 80829, CO

5,343
Population
2,920
Households
1.8
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
20.1 sq mi
ZIP Area
266
Density / Sq Mi
$85,341
Median Household Income
$51,231
Median Earnings
$1,175
Median Rent
$567,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Four updated residences and a detached art studio occupy a tree-filled lot with off-street parking.
Where is this quadplex located?
The property is located at 111 Crystal Park Rd Manitou Springs, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four remodeled residences plus a detached art studio; 3,344 square feet on an almost half‑acre, tree‑filled lot; Two new 50‑gallon water heaters, newer roof, and custom gutters
More about this property
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