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.
Property Details
- Cooling
- Attic Fan
- Heating
- Ductless
- Cooling Features
- Attic Fan
- Bedrooms
- 8
- Bathrooms
- 4
- View
- Mountain(s),Hills
- Lot Features
- Outbuildings
- Stories
- 1
- Lot Description
- Outbuildings
- Exterior Materials
- Balcony
- Acres
- 2.0
- Square Feet
- 2754.0
- Lot Size (sqft)
- 87120.0
- Parking Features
- Off Street
- Parking Spaces
- 8
- Parking Type
- Garage
- Parking Garage Spaces
- 8.0
- Property Type
- Multi-Family
- Year Built
- 1955
- Roof
- Other
- Sewer Information
- Septic Tank
- Utility Source
- City
- Utility Features
- Natural Gas Available, Electricity Available, Cable Available, Master Meter-Electric, Separate Meter Gas
- Appliances
- Refrigerator
- Subdivision
- Guier
- Community Features
- Community Laundry
- School District
- Manitou Springs District 14
- Elementary School
- Manitou Springs
- Middle School
- Manitou Springs
- High School
- Manitou Springs
- County
- El Paso
- Region
- Cascade
- Zoning
- R-T
- Original List Price
- $815,000
- Taxes Annual
- $2,706
Location
Legal
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Last Updated: Sep 11, 2026 6:47 PM. Source: IRES
Provided By
Listed by David Carter (#IRE55053489)
Listing Office: Call It Closed International Realty (#IRE400018617)
