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Occupied 4-Unit Apartment Building
New
For Sale
$725,000

217 W Masonic Avenue, Cripple Creek, CO 80813

Residential Income, Cripple Creek, CO

Property SizeContact for details
Lot Size0.29 Acres
Days on Market3

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)
Cooling system Attic Fan

Building Details

Year built 1998
Roof type Shingle
Listing Agency: Your Neighborhood Realty, Inc.
Listed By: Michael Slaback
Added: Oct 19 Last Checked: Oct 21 at 3:06PM
MLS# 1127162

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.

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Investment Insights

Based on property information with market context.

This four-unit residential property sits on a 0.287-acre lot in Cripple Creek. Constructed in 1998, the building has a shingle roof, electric baseboard heat, and an attic fan. All four units are occupied.

Shops, restaurants, and casinos are accessible on foot. The property is in Cripple Creek, a historic gaming town in Teller County.

Key Highlights

  • Four residential units; all are occupied
  • 0.287‑acre lot
  • Built in 1998

Property Analytics

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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
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

Frequently Asked Questions

What type of property is this?
Quadplex - Residents are in place across the building, with shops, dining, and casinos within walking distance.
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: Four residential units; all are occupied; 0.287‑acre lot; Built in 1998
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