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Manitou Springs, CO Multifamily Properties for Sale

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Historic Victorian Multifamily Property
Updated: Aug 12
Historic Victorian Multifamily Property

602 RUXTON Avenue, Manitou Springs, CO 80829

$1,295,000
0.24 AC lot
Three separate residences: a main Victorian home plus 2 private cottages
0.2365‑acre compound in Manitou Springs
Detached 2‑car garage plus 1‑car garage and at least 1 off‑street parking space
Main residence includes updated kitchen, multiple bedrooms, updated baths, office, and laundry
A‑frame cottage features vaulted ceilings, exposed beams, loft bedroom, deck, patio, and heated sunroom
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Dual-Level Short-Term Rental Property
Updated: Aug 21
Dual-Level Short-Term Rental Property

324 Terrace Place, Manitou Springs, CO 80829

$539,000
0.19 AC lot
Two self‑contained levels, each with a kitchen, laundry, two bedrooms, and 3/4 bath
City has indicated eligibility for a new STR permit, subject to permitting
Upper‑level balcony with Garden of the Gods views
Walkout lower level with fenced outdoor space and hot tub
New main breaker panel and wiring; updated bathrooms on both levels
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Three Turnkey Cabins in Manitou
Three Turnkey Cabins in Manitou

1154 Manitou Avenue, Manitou Springs, CO 80829

$999,999
1,552 sqft 0.28 AC lot

Three updated vacation rental cabins with transferable license in Manitou.

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See what stands out in El Paso County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Six-Unit Creekside Apartment Portfolio
Six-Unit Creekside Apartment Portfolio

318 Ruxton Ave, Manitou Springs, CO 80829

Contact for pricing
2,834 sqft

Fully occupied six-unit, one-bedroom apartment portfolio accessed via pedestrian bridge over Manitou Creek.

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Apartment Building
Apartment Building

10 VIA MARIA THERESIA, Manitou Springs, CO 80829

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6,036 sqft

Built in 1952 for multifamily occupancy.

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Multifamily Property
Multifamily Property

110 EL PASO BLVD, Manitou Springs, CO 80829

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3,165 sqft

The multifamily property was constructed in 1955.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Multifamily Property For Sale
Multifamily Property For Sale

16 OLD CRYSTAL PARK RD, Manitou Springs, CO 80829

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2,464 sqft

Residential income multifamily property available for sale at 16 Old Crystal Park Rd.

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6-Unit Multifamily Building
6-Unit Multifamily Building

36 Washington Ave, Manitou Springs, CO 80829

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5,780 sqft

Multi-family property with six units and recent interior and exterior renovations, offered for sale with in-place income.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 8 Active listings in Manitou Springs, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Nine-Unit Apartment Property
Nine-Unit Apartment Property

102 Holly St, Colorado Springs, CO 80904

$1,795,000
3,212 sqft

Cottages and a restored Craftsman home support a mixed long- and short-term rental operation.

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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

2626 W Pikes Peak Ave, Colorado Springs, CO 80904

$650,000
2,656 sqft

Two private residences combine flexible room layouts, fireplaces, laundry, outdoor decks, and mountain views.

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Apartment Property with Cottages
Apartment Property with Cottages

102 Holly Street, Colorado Springs, CO 80904

$1,795,000
0.65 AC lot

R-2-zoned residential complex with updated units, assigned parking, and a mix of long- and short-term rentals.

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Duplex with Attached Garages
Duplex with Attached Garages

565-575 N 25th St, Colorado Springs, CO 80904

$625,000

Each residence offers two bedrooms, two-and-a-half baths, in-unit laundry, and a private attached garage.

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Off-Market Properties in Manitou Springs, CO

Consider similar Off-Market properties in Manitou Springs, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1126 Manitou Ave
APARTMENT HOUSE (UNDER 5 UNITS)

1126 Manitou Ave, Manitou Springs, CO 80829-1736

$850,000
Estimated value
1,916 sqft 0.34 AC lot
View details
331 Ruxton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

331 Ruxton Ave, Manitou Springs, CO 80829-1983

$245,000
Estimated value
620 sqft 0.11 AC lot
View details
227 Santa Fe Pl
APARTMENT HOUSE (UNDER 5 UNITS)

227 Santa Fe Pl, Manitou Springs, CO 80829-2536

$255,000
Estimated value
1,942 sqft 0.10 AC lot
View details
104 Beckers Ln
APARTMENT HOUSE (UNDER 5 UNITS)

104 Beckers Ln, Manitou Springs, CO 80829

$175,000
Estimated value
543 sqft 0.93 AC lot
View details
819 Manitou Ave
HIGH-RISE APARTMENTS

819 Manitou Ave, Manitou Springs, CO 80829-1764

$525,000
Estimated value
26,378 sqft 0.40 AC lot
View details
10 Crystal Park Rd
APARTMENT HOUSE (UNDER 5 UNITS)

10 Crystal Park Rd, Manitou Springs, CO 80829-2526

$290,000
Estimated value
1,923 sqft 0.41 AC lot
View details
115-117 Ruxton Ave
Multifamily properties

115-117 Ruxton Ave, Manitou Springs, CO 80829

Value Estimation by Request
7,337 sqft
View details

Manitou Springs, CO Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Manitou Springs, CO, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 21,831 square feet of properties for sale, with an estimated market value of $2,833,999.

Sale prices for multifamily properties in Manitou Springs, CO start at $539,000, averaging $944,666, and reaching up to $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 3
Short term rental properties 2
Duplexes 1

Demographics Overview

Population 5,574
Population Growth (5Y) -3.8%
Median Household Income $85,341
College Educated 75.4%

High-Yield Neighborhoods for Investment

Identify Manitou Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
80829 $944.7K

Taxes & Financing

Tax Rate (average for all types) 6.90%
Property Tax per SF $55.51 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in El Paso County

New Delisted

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