217 Main St Cripple Creek, CO 80813
Estimated payment $2,964/month
Highlights
- The property is located in a historic district
- Deck
- Traditional Architecture
- City View
- Property is near public transit
- Wood Flooring
About This Home
* Price Reduced!** 10% CAP RATE Charming 4plex in the historic town of Cripple Creek. This building once operated as the general store, built in 1895, and lovingly restored/ renovated. Situated on a corner lot in the heart of town, it is easily rented to the abundant workforce of casino/Gold Mine employees or construction contractors serving the area. There is also the added income potential of a thriving short term rental market. These units never stay vacant for long! All four units are rented. Photos are from the listing ads and not shown as currently occupied. Solid Brick construction, almost all new windows, vinyl flooring, concrete or laminate countertops, new tile in the bathrooms, lots of life left in the appliances and water heaters. Two units have washer/dryer. Unit A & B have unique lofts (lower ceiling height and accessible by stairs), tenants in the past have used them to sleep. All tenants currently work nights and sleep into the afternoon. New roof in 2024, new paint/stain on all decking & stairs. Each unit has separate gas/electric meters. Owner pays trash, water, taxes & Insurance. Plenty of parking. Casino shuttles available throughout town or to CO Springs. Visit the Ice castles, take the scenic train to Victor, see the famous wooden troll sculpture, take a mine tour, or late-night cemetery tour (cripple Creek is notoriously haunted) or sit on the front stoop and feed the wild donkeys that roam the streets. This town has so much to offer and is a little slice of preserved history. Seller is the listing agent, please reach out with any questions or to schedule a showing.
Listing Agent
Keller Williams Foothills Realty Brokerage Email: Anniejosephson@kw.com,720-934-2126 License #100108101 Listed on: 12/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $870
Year Built
- Built in 1895 | Remodeled
Lot Details
- 9,148 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Level Lot
Property Views
- City
- Mountain
Home Design
- Traditional Architecture
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Membrane Roofing
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
Kitchen
- Oven
- Microwave
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 12 Parking Spaces
- Circular Driveway
Outdoor Features
- Balcony
- Deck
- Rain Gutters
Location
- Property is near public transit
- The property is located in a historic district
Schools
- Cresson Elementary School
- Cripple Creek-Victor Middle School
- Cripple Creek-Victor High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- 220 Volts
- Natural Gas Connected
- Electric Water Heater
- High Speed Internet
- Phone Available
Listing and Financial Details
- Exclusions: All tenants personal property
- The owner pays for grounds care, insurance, taxes, trash collection, water
- Assessor Parcel Number R0020266
Community Details
Overview
- No Home Owners Association
- Cripple Creek Subdivision
Amenities
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $870 | $26,810 | $1,273 | $25,537 |
| 2023 | $870 | $26,810 | $1,270 | $25,540 |
| 2022 | $451 | $12,760 | $690 | $12,070 |
| 2021 | $474 | $13,430 | $900 | $12,530 |
| 2020 | $472 | $13,580 | $1,060 | $12,520 |
| 2019 | $468 | $13,580 | $0 | $0 |
| 2018 | $408 | $10,810 | $0 | $0 |
| 2017 | $415 | $10,810 | $0 | $0 |
| 2016 | $502 | $12,730 | $0 | $0 |
| 2015 | $500 | $12,730 | $0 | $0 |
| 2014 | $311 | $8,130 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2025 12/21/25 | For Sale | $550,000 | -- | $183 / Sq Ft |
Source: REcolorado®
MLS Number: 7154052
APN: R0020266
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