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!
Pending
$399,000
309 8th Street, Hugo, CO 80821
25beds
15baths
5,082sqft
Est.:
Quadruplex
Built in 1985
-- sqft lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Single-level livingOff-street parkingIn-unit laundryAdditional storage roomTwo-story layouts
- 380 days |
- 53 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: February 21, 2026 at 12:55pm
Listed by:
Jana Ewing 719-349-0423 janae@gordonregroup.com,
Gordon Real Estate Group,
Timothy Andersen 719-740-1361,
Gordon Real Estate Group
Source: REcolorado as distributed by MLS GRID,MLS#: 3795007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 25
- Bathrooms: 15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Oven, Range Hood, Refrigerator, Washer
- Laundry: Laundry Closet, Main Level
Features
- Flooring: Carpet, Linoleum, Vinyl
- Basement: Crawl Space
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 5,082
- Total interior livable area: 5,082 sqft
- Finished area above ground: 5,082
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached
- Attached garage spaces: 1
- Details: Off Street Spaces: 4
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Stories: 1
- Entry location: Ground
Lot
- Size: 0.4 Acres
Details
- Parcel number: 279732209016
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Brick, Frame, Vinyl Siding
- Roof: Composition,Metal
Condition
- Year built: 1985
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Community & HOA
Community
- Subdivision: Hugo
HOA
- Has HOA: No
Location
- Region: Hugo
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $386,999
- Annual tax amount: $1,747
- Date on market: 3/20/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: Tenant's Personal Property Not Mentioned In The Inclusions
- Ownership: Individual
- Tenant pays: Electricity, Gas, Internet
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2026 | Pending sale | $399,000$79/sqft |
Source:  REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 12/11/2025 | Listed for sale | $399,000$79/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 11/8/2025 | Pending sale | $399,000$79/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 10/2/2025 | Price change | $399,000-6.1%$79/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 9/23/2025 | Pending sale | $425,000$84/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 8/6/2025 | Price change | $425,000-5.6%$84/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 3/20/2025 | Listed for sale | $450,000+164.7%$89/sqft |
Source: REcolorado as distributed by MLS GRID #3795007 Report a problem | ||
| 3/31/2016 | Sold | $170,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,747 +6.5% | $24,187 +52.2% |
| 2024 | $1,641 +5.5% | $15,893 |
| 2023 | $1,555 -2.8% | $15,893 +6.3% |
| 2022 | $1,600 +9.6% | $14,953 -2.8% |
| 2021 | $1,460 +7% | $15,383 +9% |
| 2020 | $1,364 -11.1% | $14,111 |
| 2019 | $1,534 +3.4% | $14,111 -4.6% |
| 2018 | $1,484 | $14,787 |
| 2017 | $1,484 -13.1% | $14,787 -14.3% |
| 2016 | $1,707 | $17,250 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,076/mo
Principal & interest
$1950
Property taxes
$126
More affordability tools
Climate risks
Neighborhood: 80821
Nearby schools
GreatSchools rating
- 6/10Genoa-Hugo SchoolGrades: PK-12Distance: 0.1 mi
Schools provided by the listing agent
- Elementary: Genoa-Hugo
- Middle: Genoa-Hugo
- High: Genoa-Hugo
- District: Genoa-Hugo C-113
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 80821
- Colorado
- Lincoln County
- Hugo
- 80821
- 309 8th Street
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