20180 Us Highway 50, Cotopaxi, CO 81223

Cotopaxi
Local realty services provided by:ERA Shields Real Estate
20180 Us Highway 50,Cotopaxi, CO 81223
$1,195,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lynette ovnicek
Office: homesmart preferred realty
MLS#:6855285
Source:CO_RGAR

Price summary

  • Price:$1,195,000

About this home

Rare multifamily investment opportunity in a charming small-town setting with land, parking, and strong rental demand. This 7-unit apartment complex is consistently occupied, offering reliable income and long-term investment stability. All units have been updated with durable tile flooring and fresh interior paint, creating a low-maintenance and modern living environment. The property features a desirable unit mix including four 1-bedroom/1-bath units with kitchens, two 2-bedroom/1-bath units, and one spacious 3-bedroom/1-bath unit. Every unit includes private, in-unit laundry, a highly sought-after amenity that supports tenant retention. Recent improvements include new gravel parking located behind the building, providing convenient off-street parking for tenants. In addition to the building, the property includes 8.15 acres of rocky, mountainous landscape, offering privacy, natural beauty, and potential future use. The Arkansas River is just a stone’s throw across the highway,...

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Home facts

  • Year built:1923
  • Listing ID #:6855285
  • Added:191 day(s) ago
  • Updated:August 08, 2026 at 03:25 PM

Heating and cooling

  • Cooling:Ceiling Fan(s)
  • Heating:Electric, Hot Water

Structure and exterior

  • Roof:Metal
  • Year built:1923
  • Lot area:8.15 Acres

Utilities

  • Water:Assoc/Distr, Well, Well - See Prop Desc Remarks
  • Sewer:Septic

Finances and disclosures

  • Price:$1,195,000
  • Tax amount:$2,716 (2024)

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