Estimated payment $2,243/month
Highlights
- No HOA
- Accessible Approach with Ramp
- Forced Air Heating and Cooling System
- 1 Car Attached Garage
- 1-Story Property
- High Speed Internet
About This Home
Rare Investment Opportunity in Hugo, CO! A unique chance to own a fully occupied quadplex in Eastern Colorado—an investor’s dream! This well-maintained property boasts a strong rental history and consistent income potential.
Unit 1 & Unit 4: Single-level living, each featuring 2 bedrooms and 1 full bathroom.
Unit 2 & Unit 3: Two-story layouts, each offering 3 bedrooms and 2 bathrooms.
Unit 4 Bonus: Includes an additional storage room attached to the back.
Parking: Off-street parking available via the alley, plus an attached 1-car garage available for rental.
Each unit has been thoughtfully upgraded over time and features:
- Its own kitchen and dining area
- In-unit laundry with washer and dryer
- Individual furnace and A/C condenser for personalized comfort
Don’t miss out on this rare, income-generating property in a high-demand rental market! Reach out to us today for more details!
Listing Agent
Gordon Real Estate Group Brokerage Email: janae@gordonregroup.com,719-349-0423 License #100068722 Listed on: 03/20/2025
Co-Listing Agent
Gordon Real Estate Group Brokerage Email: janae@gordonregroup.com,719-349-0423 License #100029774
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,747
Year Built
- Built in 1985
Lot Details
- 0.4 Acre Lot
- 1 Common Wall
Parking
- 1 Car Attached Garage
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 5,082 Sq Ft Home
- 1-Story Property
- Crawl Space
Kitchen
- Oven
- Range Hood
- Dishwasher
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Genoa-Hugo Elementary And Middle School
- Genoa-Hugo High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
Additional Features
- Accessible Approach with Ramp
- Ground Level
Community Details
- No Home Owners Association
- Hugo Subdivision
Listing and Financial Details
- Exclusions: Tenant's Personal Property not mentioned in the Inclusions
- Assessor Parcel Number 279732209016
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 | $1,747 | $15,893 | $0 | $15,893 |
| 2023 | $1,747 | $15,893 | $0 | $15,893 |
| 2022 | $1,555 | $14,953 | $0 | $14,953 |
| 2021 | $1,600 | $15,383 | $0 | $15,383 |
| 2020 | $1,460 | $14,111 | $0 | $14,111 |
| 2019 | $1,364 | $14,111 | $0 | $14,111 |
| 2018 | $1,534 | $14,787 | $0 | $14,787 |
| 2017 | $1,484 | $14,787 | $0 | $14,787 |
| 2016 | $1,707 | $17,250 | $0 | $17,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $399,000 | 0.0% | $79 / Sq Ft | |
| 11/08/2025 11/08/25 | Pending | -- | -- | -- | |
| 10/02/2025 10/02/25 | Price Changed | $399,000 | 0.0% | $79 / Sq Ft | |
| 10/02/2025 10/02/25 | For Sale | $399,000 | -6.1% | $79 / Sq Ft | |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- | |
| 08/06/2025 08/06/25 | Price Changed | $425,000 | -5.6% | $84 / Sq Ft | |
| 03/20/2025 03/20/25 | For Sale | $450,000 | +164.7% | $89 / Sq Ft | |
| 01/28/2019 01/28/19 | Off Market | $170,000 | -- | -- | |
| 03/30/2016 03/30/16 | Sold | $170,000 | -9.3% | $34 / Sq Ft | View Prior Sale |
| 03/21/2016 03/21/16 | Pending | -- | -- | -- | |
| 02/19/2016 02/19/16 | For Sale | $187,500 | -- | $37 / Sq Ft |
Source: REcolorado®
MLS Number: 3795007
APN: 279732209016
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