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5-Unit Apartment Building
For Sale
$600,000

608 Del Rey Avenue, Canon City, CO 81212

Income, Canon City, CO

Property SizeContact for details
Lot Size0.59 Acres
Days on Market54

Property Features for 608 Del Rey Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Active
Lot size 0.59 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2273

Utilities

Heating system Wall Furnace, Forced Air

Amenities

fridge
electric range
storage room

Building Details

Year built 1940
Listing Agency: Your Neighborhood Realty Inc
Listed By: Stacey Lehner
Added: Aug 18 Changed: Oct 8 Last Checked: Oct 10 at 5:06AM
MLS# 9410032

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 five-unit apartment property was built in 1940, and all units are currently rented. Each residence has a refrigerator and electric range, with separate electric and gas meters. Heating is provided by wall furnaces and forced air; the property also has newer sewer lines.

The parcel spans 0.59 acres in Canon City, Colorado. Its setting is described as between the highway, shopping and schools.

Key Highlights

  • Five units, all currently rented
  • 0.59‑acre parcel in Canon City, Colorado
  • Separate electric and gas meters for every unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Parking Lot & Garage Spa & Massage Center Electrical Service

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

5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

178
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Separate electric and gas meters serve each residence.
Where is this apartment building located?
The property is located at 608 Del Rey Avenue Canon City, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Five units, all currently rented; 0.59‑acre parcel in Canon City, Colorado; Separate electric and gas meters for every unit
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