
Land with Home for Sale in Cascade, Colorado
8220 W US Highway 24, Cascade, CO 80809
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.
- Listed by David Carter, (719) 244-6378, Call It Closed International Realty
Location
- Street address
- 8220 W US Highway 24
- County
- El Paso County
- Zip code
- 80809
- Community
- Guier
- School district
- Manitou Springs 14
- Elevation
- 7,847 feet
Directions
From the stoplight in Cascade, go northwest on US Highway 24 for 0.9 mile; turn right into the property, then right up the driveway - property is at the top on the left.
Property details
- Acreage
- 2 acres
- Zoning
- R-T
- MLS #
- REcolorado 6707316
- Posted
Property taxes
- 2025
- $2,706
Parcels
- 83232-00-042
Legal description
A TR OF LAND IN SW4NW4 SEC 23-13-68 DESC AS FOLS: BEG AT THE SW COR OF LOT 1 GUIER SUB, TH N 45<19'00" E 212.00 FT, N 81<27'23" E 113.19 FT, ALG A CUR TO R HAVING A RAD OF 2012.24 FT A C/A OF 10<05'55" AN ARC DIST OF 354.67 FT, N 85<45'46" W 217.18 F T, S 56<48'13" W 135.24 FT TH ALG A CUR TO L HAVING A RAD OF 1707.30 FT A C/A OF 07<39'33" AN ARC DIST OF 228.23 FT TO POB AKA TRACT 1
Details and features
Listing
- Type
- Residential Income
- Subtype
- Quadruplex
- Ownership
- Corporation/Trust
- Terms
- Cash, Conventional, FHA, VA Loan
- Exclusions
- Tenant Personal Property.
- Possession
- Closing/DOD
Income
- Gross Income
- $71, 040
- Operating Expense
- $28, 327
Lot
- View
- Mountain(s)
- Features
- Foothills
Exterior
- Parking Spaces
- 8
- Parking
- Unpaved
- Fencing
- None
- Outdoor Spaces
- Covered, Front Porch
- Features
- Balcony
Structure
- Condition
- Updated/Remodeled
- Levels
- One
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Natural Gas, Wall Furnace
- Cooling
- Attic Fan
- Materials
- Frame, Wood Siding
Interior
- Flooring
- Vinyl
- Appliances
- Range, Refrigerator
- Laundry
- Common Area
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Connected |
| Gas | Natural Gas | Connected |
| Water | Public | Available |
| Sewage | Septic System | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Manitou Springs | Elementary | Manitou Springs 14 |
| Manitou Springs | Middle | Manitou Springs 14 |
| Manitou Springs | High | Manitou Springs 14 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 17, 2026 | New listing | $815,000 | — | PPAR |






















