Historic Multifamily Apartment
602 Macon Avenue Canon City, CO 81212
602 Macon Avenue, Canon City, CO, 81212
$1,200,000
Pending
For Sale
$1,200,000
Pending
MULTI_FAMILY - Canon City, CO
Property Size5,631 SF
Lot Size0.24 Acres
Days on Market14
Property Features for 602 Macon Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 15
- Rooms
- Bedroom 10, Bathroom 3, Bedroom 13, Bedroom 4, Bedroom 1, Bedroom 12, Bedroom 7, Bedroom 15, Bathroom 11, Bathroom 2, Bedroom 8, Bedroom 2, Bathroom 15, Bathroom 1, Bedroom 14, Bathroom 14, Bedroom 6, Bathroom 13, Bathroom 12, Bathroom 7, Bathroom 6, Bathroom 9, Bathroom 10, Bathroom 4, Bedroom 9, Bedroom 5, Bathroom 5, Bedroom 3, Bathroom 8, Bedroom 11
- Window features
- Vinyl Frames, Double Pane Windows
- Standard status
- Pending
- APN
- 11013210
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SUBD: CANON CITY LOTS 9 & 10 BLK 13 CANON CITY
- Tax Annual Amount
- 4222
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1902
- Number of units
- 1
Listing Agency
Keller Williams Performance Realty
(719) 269-7355
901 Main Street, Canon City, CO
Listed by
Tony R. Greer · License #ER.040024209
(719) 671-5250
Added: Jul 7 Updated: Jul 9 at 11:46 am Checked: Jul 20 at 5:06 pm
MLS# 8401505
Listing URL
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 historic multifamily apartment building was constructed in 1902 as the sanitarium of Dr. Ward and has been modernized while preserving its historic character. The property contains 15 units, all described as 1-bedroom floor plans, totaling approximately 5,631 square feet of building space on a 10,560 square foot lot. Reported capital improvements include a Heritage roof installed in 2007, low-E double-paned vinyl windows, and restored brick columns. The offering also includes 15 fully remodeled units with newer vinyl flooring. Additional on-site income opportunities include a coin-operated laundry facility, along with a detached 2-car garage.
The building is listed on the National Register of Historic Places as part of the Canon City Downtown Historic District. According to the remarks, the designation puts no restrictions on what can be done with the property. That status is also described as unlocking historic rehabilitation tax credit programs. A 20% federal Historic Tax Credit is noted for qualifying rehabilitation expenditures, and Colorado’s state program is described as offering an additional 20–25% credit, with transferable credits.
For owners or investors seeking a historic residential income asset, the combination of remodeled 1-bedroom units, in-building coin laundry, and a detached garage supports a straightforward multifamily operating model. The National Register listing is presented as an enabling factor for qualifying improvements and tax credit monetization for future capital work, subject to program qualification.
The building is listed on the National Register of Historic Places as part of the Canon City Downtown Historic District. According to the remarks, the designation puts no restrictions on what can be done with the property. That status is also described as unlocking historic rehabilitation tax credit programs. A 20% federal Historic Tax Credit is noted for qualifying rehabilitation expenditures, and Colorado’s state program is described as offering an additional 20–25% credit, with transferable credits.
For owners or investors seeking a historic residential income asset, the combination of remodeled 1-bedroom units, in-building coin laundry, and a detached garage supports a straightforward multifamily operating model. The National Register listing is presented as an enabling factor for qualifying improvements and tax credit monetization for future capital work, subject to program qualification.
Key Highlights
- 15‑unit multifamily apartment complex built in 1902 as the Dr. Ward sanitarium
- Listed on the National Register of Historic Places as part of the Canon City Downtown Historic District
- Capital improvements include a new Heritage roof (2007), low‑E double‑paned vinyl windows, and restored brick columns
Property Analytics
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FAQs
What type of property is this?
Apartment building - 15-unit apartment complex built in 1902 with remodeled interiors, coin laundry, and a detached garage.
Where is this apartment building located?
The property is located at 602 Macon Avenue Canon City, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 15‑unit multifamily apartment complex built in 1902 as the Dr. Ward sanitarium; Listed on the National Register of Historic Places as part of the Canon City Downtown Historic District; Capital improvements include a new Heritage roof (2007), low‑E double‑paned vinyl windows, and restored brick columns
