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Historic 15-Unit Apartment Building
For Sale
$1,200,000
Pending

602 Macon Ave, Canon City, CO 81212

Modernized apartments with laundry and garage space in a National Register-listed property near historic downtown.

Property Size5,631 SF
Lot Size0.24 Acres
Days on Market69

Property Features for 602 Macon Ave

General Information

Standard status Pending
Size 5,631 SF
Total Parking Spaces 2
Lot size 0.24 Acres
Property subtype Residential Income

Units

Unit Mix 15 x 1BR
Multifamily Units 15

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $4,222

Amenities

coin-operated laundry

Building Details

Year Built 1902
Buildings 1
Listing Agency: Keller Williams Performance Realty
Listed By: Tony R. Greer · License #FA40024209
Source: Exprealty
Added: Jun 3 Changed: Aug 10 Last Checked: Aug 10 at 6:57AM

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 Keller Williams Performance Realty

Investment Insights

Based on property information with market context.

This 15-unit apartment building dates to 1902 and was originally constructed as Dr. Ward’s sanitarium. The property contains 5,631 square feet of building space on a 10,560-square-foot lot, with a one-bedroom layout across all units. Recent improvements include remodeled apartments with newer vinyl flooring, low-E double-paned vinyl windows, restored brick columns, and a Heritage roof installed in 2007. A coin-operated laundry facility and detached 2-car garage add to the existing improvements.

The building is included in the National Register of Historic Places as part of the Cañon City Downtown Historic District. Qualifying rehabilitation work may be eligible for a 20% federal Historic Tax Credit and an additional 20–25% Colorado credit; the state credits are transferable. The property is located on Macon Avenue near historic downtown, shops, restaurants, recreational amenities, the Royal Gorge Bridge, Skyline Drive, and the Arkansas River. Colorado Springs and Pueblo are both less than a one-hour drive.

Key Highlights

  • 15‑unit apartment building with one‑bedroom floor plans
  • 5,631 SF building on a 10,560‑square‑foot lot
  • 15 fully remodeled units with newer vinyl flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Storage Facility Law Firm Electrical Service Big Box & Wholesale Store Veterinary Clinic (Bike/Boat/Book/etc) 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

15
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 81212, CO

31,643
Population
12,918
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
672.0 sq mi
ZIP Area
47
Density / Sq Mi
$63,545
Median Household Income
$38,670
Median Earnings
$1,063
Median Rent
$286,300
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?
Apartment building - Modernized apartments with laundry and garage space in a National Register-listed property near historic downtown.
Where is this apartment building located?
The property is located at 602 Macon Ave 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 apartment building with one‑bedroom floor plans; 5,631 SF building on a 10,560‑square‑foot lot; 15 fully remodeled units with newer vinyl flooring
More about this property
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