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**Rare opportunity to own a completely remodeled, turnkey four-plex in the heart of Manitou Springs** Cash flow from day one! This one-of-a-kind, boutique property offers FOUR fully remodeled residences PLUS a detached art studio! Each residence features a high-quality interior remodel with updated kitchens and bathrooms, new appliances, flooring, paint, lighting, and stylish finishes throughout. Situated on a beautiful almost half-acre lot with tons of parking and room for an RV! Major capital improvements are already complete, including a newer roof, custom gutters, concrete work, exterior paint, new doors and windows, refurbished furnaces, electrical and plumbing work, plus two brand-new 50-gallon water heaters. This is a highly sought-after, supply-constrained market, making it a great addition for an investor or an owner-occupant who wants to live in one while collecting rent from the other three.*House Hack* Park an RV on the back of the land and collect the rents from all 4 units! Manitou Springs is a highly sought-after tourist destination with a prominent arts scene, creative character, active lifestyle, and year-round events! Located within walking distance of restaurants, bars, the Cantina, art galleries, shopping, community events, and hiking trails. Views of the Manitou Incline, Garden of the Gods, and Pikes Peak. Great opportunity to own a one-of-a-kind, income-producing property in Manitou Springs! Also a possible short-term rental opportunity, with potential expansion of the art studio into a fifth unit. Please check with the city/county for more information.
Property Type(s):
Multi Family
| Last Updated | 10/3/2026 | Year Built | 1957 |
|---|---|---|---|
| Community | Manitou Springs | County | El Paso |
Price History
| Prior to Oct 3, '26 | $1,295,000 |
|---|---|
| Oct 3, '26 - Today | $1,195,000 |
Additional Details
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| AREA | Manitou Springs |
| BASEMENT | Crawl Space |
| HEAT | Baseboard, Forced Air, Wall Furnace |
| LOT | 0.4 acre(s) |
| TAXES | 4400 |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Natural Gas Available |
| WATER | Public |
Location
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Listing provided by: Sarah St James, 7205449129
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.
This IDX solution is (c) Diverse Solutions 2026.
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