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Fourplex With Two-Bedroom Units

8220 W Highway 24 Cascade, CO 80809

New
8220 W Highway 24, Cascade, CO, 80809
$815,000
For Sale
$815,000

MULTI_FAMILY - Cascade, CO

Property Size2,756 SF
Lot Size2.00 Acres
Price / SF$295.72
Days on Market1

Property Features for 8220 W Highway 24

General Information

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

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2706

Utilities

Heating system
Wall Furnace, Natural Gas
Cooling system
Attic Fan

Building Details

Year built
1955
Listing Agency Call It Closed International Realty
4745 S Carefree Cir, Colorado Springs, CO
Listed by David Carter ABR GRI MRP SRS
Added: Jul 17 Checked: Jul 17 at 6:06 am
MLS# 2040443 Listing URL

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.

A fully occupied 1955 fourplex located on 2 usable acres and configured as four 2-bedroom, 1-bath units. The property includes gas heat with gas ranges, refrigerators, and in-unit washer hookups, along with a shared dryer, bear-proof trash, and a utility shed on the grounds. Upgrades noted include upgraded electrical and all-new windows. Two units have been described as turnkey-remodeled with new kitchens, LVP flooring, paint, and appliances.

The property is situated in unincorporated El Paso County between Woodland Park and Colorado Springs, and the listing notes there is no short-term-rental permit requirement there (buyer to verify). Access is via a private drive with abundant parking, and the remarks describe mountain views and national-forest access.

The operating profile provided indicates tenants cover electric, gas, and water, while the owner carries trash only. The listing also notes that as of August, three of four units are month-to-month, leaving room to evaluate rent levels. Financials, rent roll, and a short-term-rental analysis are available to qualified buyers.

Key Highlights

  • Fully occupied 1955 fourplex on 2 usable acres between Woodland Park and Colorado Springs.
  • Four 2‑bed/1‑bath units (~689 SF each) with natural gas heat and gas ranges.
  • Two units have been renovated with new kitchens, LVP flooring, paint, and appliances; updated electrical and all‑new windows.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Auto Parts Store Building Supply Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Computer & Electronic Repair Law Firm Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully occupied 1955 fourplex on 2 usable acres with two renovated units and tenant-paid electric, gas, and water.
Where is this quadplex located?
The property is located at 8220 W Highway 24 Cascade, CO.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Fully occupied 1955 fourplex on 2 usable acres between Woodland Park and Colorado Springs.; Four 2‑bed/1‑bath units (~689 SF each) with natural gas heat and gas ranges.; Two units have been renovated with new kitchens, LVP flooring, paint, and appliances; updated electrical and all‑new windows.
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