20180 US Highway 50 Cotopaxi, CO 81223
Estimated payment $6,518/month
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, adding to the appeal of the location and surrounding scenery. With strong occupancy history, updated interiors, ample parking, and a unique land component, this property presents a turnkey opportunity for investors seeking steady income in a scenic Colorado setting.
Property Details
Property Type
- Other
Est. Annual Taxes
- $2,716
Year Built
- Built in 1923
Lot Details
- 8.15 Acre Lot
Home Design
- 6,043 Sq Ft Home
Listing and Financial Details
- Assessor Parcel Number 78002690
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,462 | $66,508 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $1,195,000 | -- | $198 / Sq Ft |
Source: Royal Gorge Association of REALTORS®
MLS Number: 7848830
- 20163 U S 50
- 19851 Highway 50
- 0 N A Tbd Unit 11680556
- 598 County Road 12 Unit 11
- 19811 U S 50
- 14527 Highway 50
- 16373 U S 50
- 830 High Peaks Ranch Rd
- 14564 Highway 50 Unit 2
- 47 Dinkle Ditch Rd
- 0 Tbd County Road 45
- 2490 County Road 1a
- 2490 Co Rd 1a
- 479 Meadow Dr
- 4351 County Road 12
- 1310 Sunrise Ridge
- 25500 U S 50
- 0 Tbd Overlook Rd Unit 11678459
- 692 Sunrise Ridge
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- 405 Two Rivers Rd
- 213 Co Rd 105 Unit A
- 205 Co Rd 105 Unit B
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- 302 Co-291 Unit 3C
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- 325 E Main St Unit 3
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Ask me questions while you tour the home.