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8 Beds
4 Baths
2,754 sqft

$815,000

8220 W US Highway 24, Cascade CO, 80809

Price per sqft$295.93
Built in1955
Property size2,754 sqft
Property typeMulti-family

Overview

Under contract

Listed Jul 18, 2026

Updated 2 days ago

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 (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.

$5,422/mo

Est. mortgage payment based on a $815,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6707316

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2 Acres

Other Property Details

Taxes
$2,706
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo
Listed by Call It Closed International Realty, David Carter, Listing Contact: 719-244-6378 
 

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