$2,200,000
SOLD OCT 30, 2025

175 E Spruce St Elizabeth, CO 80107

24 Beds
12 Baths
-- Sq Ft
0.52 Acres

Recently Sold

394 Days on Market

About This Home

As of October 2025

12 unit apartment in the village of Elizabeth Colorado. First time on the market. 45 minutes to the Denver metro area. Currently 100% leased. Original owner and builder. 12 two bedroom, 1 bath single level apartments. All are ranch style units. Each apartment has it own elec. and gas meter, building owner pays water, sewer, taxes, trash and insurance. Each unit has a fire sprinkler system. Cable is available no satellite dishes. Stove/range/oven, refrigerator, washer and dryer in all units. 2 story building with parking on each level. This property is only a half block from the park, and 1 block from a second park. 10 water heaters replaced in 2023 and one in 2024, and the other water heater in the last 3 years. 8 new GFA furnaces installed in 2024 and the other 4 in the last 3 years

Last Agent to Sell the Property

Bill Dixon

RE/MAX Alliance Parker Brokerage Phone: (303)841-0922 Listed on: 01/12/2024

RE/MAX Alliance Parker

Last Buyer's Agent

Carrie Smith

Olive and Oak Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,997

Year Built

  • Built in 1997

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Stone Siding

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Ceiling Fan
  • 0.52 Acre Lot

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,997

Year Built

Built in 1997

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Aptmts(6+Units)
  • Prop. Type: Income
  • Year Built: 1997
  • Attribution Contact: (303)841-0922
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Oven, Range, Refrigerator, Washer
  • Fireplace Type: None

Exterior Features

  • New Construction: Existing
  • Fence: See Prop Desc Remarks
  • Foundation Details: Slab
  • Roof: Composite Shingle
  • Exterior Construction: Alum/Vinyl/Steel
  • Structure: Framed on Lot, Stone, Frame

Garage/Parking

  • ListingUnits_1_NumGarage: 0

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas
  • Hot Water: Municipal

Schools

  • School District: Elizabeth C-1

Lot Info

  • Program Acres Total: 0.5190
  • Lot Size: 22608.0000

Tax Info

  • Flip Tax Amount: 5997.32
  • Tax Year: 2022

Multi Family

  • Unit Count: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Sold $2,200,000 0.0% --
02/09/2025 02/09/25 Pending -- -- --
02/29/2024 02/29/24 For Sale $2,200,000 0.0% --
02/14/2024 02/14/24 Off Market $2,200,000 -- --
01/12/2024 01/12/24 For Sale $2,200,000 -- --
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Dixon

    Seller's Agent in 2025

    Bill Dixon

    RE/MAX

    (303) 841-0922

    26 Total Sales

    Bill Dixon
    Section Image
  • Carrie Smith

    Buyer's Agent in 2025

    Carrie Smith

    Olive and Oak Real Estate

    (303) 946-4628

    14 Total Sales

    Carrie Smith
    Section Image
See All Agents

Map

Source: Pikes Peak REALTOR® Services

MLS Number: 8896904

Pikes Peak REALTOR® Services

APN: 84181-14-005

Colorado Elbert County Elizabeth 80107

175 E Spruce St, Elizabeth, CO

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pikes Peak REALTOR® Services IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes