$815,000

8220 W Highway 24, Cascade, Colorado 80809

  • Income Property Type
  • 1955 Year Built
Property Description
Rare Ute Pass income play on 2 usable acres between Woodland Park and Colorado Springs — a fully-occupied 1955 fourplex with a 5+ year near-zero-vacancy track record and real capital already in the ground: upgraded electrical, all-new windows, and two turnkey-remodeled units, all interior photos are the renovated units. (new kitchens, LVP flooring, paint, and appliances). Four 2-bed/1-bath units (~689 sf) with gas heat, gas ranges, refrigerators, and in-unit washer hookups; shared dryer, bear-proof trash, and a utility shed on the grounds. Lean operating profile — tenants cover electric, gas, and water; owner carries trash only. Unincorporated El Paso County has no short-term-rental permit requirement (buyer to verify) — pair that with two already-renovated units, a private drive, abundant parking, mountain views, and national-forest access, and the property reads as a compelling STR / mid-term-rental conversion or owner-occupant house-hack (FHA/VA financing possible on a 2–4 unit). Three of four units month-to-month by August leave clear mark-to-market and pet-premium upside. Financials, rent roll, and a short-term-rental analysis available to qualified buyers.
Basic Details
Income
For Sale
2040443
$815,000
1955
Active
Fourplex
: Other
Call It Closed International Realty
David Carter ABR GRI MRP SRS
Features
: Natural Gas, Wall Furnace
: Attic Fan
: None
: None
: Common
: Septic
: Electricity Connected, Natural Gas Connected
: Aluminum
Appliances
: Dishwasher, Cook Top, Refrigerator
Address Map
US
CO
El Paso
Cascade
80809
Highway 24
8220
W105° 1' 45.7''
N38° 54' 28.9''
W
Neighborhood
Manitou Springs-14
Additional Info
$0
Additional Information
: Municipal
Financial
2705.55
Listing Information
00003462
Cash, Conventional, FHA, VA
Active
2026-07-17T23:22:10Z
ElevateMLS
Agent info
The Q Group Real Estate
9524 Federal Dr Suite 100
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Contact Us
theresa@qgrouprealestate.com (719) 331-8524