Investor Opportunity - Strong Bones, Strong Returns. This full duplex in Gilcrest offers a rare chance to acquire two large, income-producing units at a below-market price. Each side features 3 bedrooms, 2 bathrooms, vaulted ceilings, a central gas fireplace, and spacious layouts with attractive architectural details. Both units are tenant-occupied with long-term renters (5-10 years), and have historically provided consistent, low-touch rental income. While the property could benefit from cosmetic improvements and basic upkeep, it has excellent potential for value-add investors. Interior photos are from Unit 114 only; Unit 112 is a mirror-image with similar finishes and layout. This is a solid opportunity for sweat equity, steady cash flow, or a long-term hold at a compelling price point.
Sold for $559,000 on 07/10/25
$559,000
112-114 8th St, Gilcrest, CO 80623
6beds
4baths
2,566sqft
Attached Dwelling, Multi Family, Duplex
Built in 2001
-- sqft lot
$558,900 Zestimate®
$218/sqft
$1,965 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 09:06am
Listed by:
Craig Francis 303-261-7195,
Equity Colorado-Front Range
Bought with:
Ivan Rodriguez
Source: IRES,MLS#: 1035375

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Features
- Satellite Avail, High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Stain/Natural Trim
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,566
- Total interior livable area: 2,566 sqft
Property
Parking
- Details: Parking Per Unit(2 Spaces/Unit)
Accessibility
- Accessibility features: Level Lot, Level Drive, No Stairs, Main Floor Bath, Accessible Bedroom
Features
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 0.25 Acres
Details
- Parcel number: R0569701
- Zoning: R-2
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Attached Dwelling, Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Electric
- Gas: Natural Gas
- Water: City Water, Town of Gilcrest
- Utilities for property: Natural Gas Available, Electricity Available
Community & neighborhood
Community
- Community features: Extra Storage
Location
- Region: Gilcrest
- Subdivision: Gilcrest Town
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan,1031 Exchange
- Road surface type: Asphalt
Services availability
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Estimated market value
$558,900