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Fourplex Residential Income Property
For Sale
$725,000

217 W Masonic Avenue, Cripple Creek, CO 80813

MULTI_FAMILY - Cripple Creek, CO

Lot Size0.29 Acres
Days on Market78

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 Baseboard, Electric (Heating)

Building Details

Year built 1998
Roof type Shingle
Listing Agency: Your Neighborhood Realty, Inc.
Listed By: Michael Slaback
Added: May 14 Changed: Jul 29 Last Checked: Jul 30 at 12:06PM
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 fourplex residential income property offers four separate units under one ownership. According to the seller, all units are currently occupied, providing immediate rental income for an investor.

Located in Cripple Creek, the property is described as convenient to local shops, restaurants, and casinos, supporting everyday accessibility for tenants.

The building sits on a 0.29-acre lot. Please contact the listing broker for additional details and to schedule a showing.

Key Highlights

  • Income‑generating fourplex with all units currently occupied
  • Prime location in historic Cripple Creek, within walking distance to shops, restaurants, and casinos
  • Strong rental appeal due to its convenient location

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential property in Cripple Creek with all units currently occupied.
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: Income‑generating fourplex with all units currently occupied; Prime location in historic Cripple Creek, within walking distance to shops, restaurants, and casinos; Strong rental appeal due to its convenient location
More about this property
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