7-Unit Apartment
For Sale
$1,195,000
20180 Us Highway 50, Cotopaxi, CO 81223
Income, Cotopaxi, CO
Property SizeContact for details
Lot Size8.15 Acres
Days on Market53
Property Features for 20180 Us Highway 50
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Lot size
8.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2716
Utilities
Heating system
Electric (Heating), Hot Water(Heating)
Cooling system
Ceiling Fan(s)
Amenities
in-unit laundry
off-street parking
Building Details
Year built
1923
Roof type
Metal
Listing Agency:
Homesmart Preferred Realty
(719) 458-1345
Listed By:
Lynette Ovnicek · License #FA100027918
(719) 429-2782
Added: Aug 18
Changed: Oct 1
Last Checked: Oct 9 at 3:06PM
MLS# 6855285
Copyright © 2026 Royal Gorge 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.
Investment Insights
Based on property information with market context.
This 7-unit apartment property was built in 1923 and includes four 1-bedroom/1-bath units with kitchens, two 2-bedroom/1-bath units, and one 3-bedroom/1-bath unit. All residences have individual laundry facilities, tile flooring, and refreshed interior paint. Heating is provided by electric and hot-water systems, with ceiling fans for cooling. The building has a metal roof, and gravel parking sits behind it. The property also includes 8.15 acres of rocky, mountainous land.
At 20180 US Highway 50 in Cotopaxi, the property is across the highway from the Arkansas River. The property information describes occupancy as consistent. The unit mix ranges from one- to three-bedroom layouts, and laundry is provided within each residence.
At 20180 US Highway 50 in Cotopaxi, the property is across the highway from the Arkansas River. The property information describes occupancy as consistent. The unit mix ranges from one- to three-bedroom layouts, and laundry is provided within each residence.
Key Highlights
- Seven apartments: four 1‑bedroom/1‑bath with kitchens, two 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath
- 8.15 acres of rocky, mountainous land included
- Individual in‑unit laundry in all apartments
Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
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Business Placement
Demographics for 81223, CO
2,190
Population
1,767
Households
1.2
Avg Household Size
60
Median Age
21%
College-Educated
83%
High-School Grad
401.8 sq mi
ZIP Area
5
Density / Sq Mi
$46,587
Median Household Income
$22,841
Median Earnings
$322,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has its own laundry, with updated tile flooring and interior paint throughout.
Where is this apartment building located?
The property is located at 20180 Us Highway 50 Cotopaxi, CO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Seven apartments: four 1‑bedroom/1‑bath with kitchens, two 2‑bedroom/1‑bath, and one 3‑bedroom/1‑bath; 8.15 acres of rocky, mountainous land included; Individual in‑unit laundry in all apartments
