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!
Multi-familyProperty Type
1985Year Built
0.4 acresLot Size
$93Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Jana Ewing• Gordon Real Estate Group
Listed by Timothy Andersen• Gordon Real Estate Group
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!
Public Records
Mar 31, 2016
Sold
$170,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,514 (+43.9%)
$24,187
2024
$1,747 (+6.5%)
$24,187
2023
$1,641 (+5.5%)
$15,893
2022
$1,555 (+6.5%)
$14,953
2020
$1,460 (+7.0%)
$14,953
2019
$1,364 (−11.1%)
$14,111
2018
$1,534 (+3.4%)
$14,787
2017
$1,484 (−13.1%)
$14,787
2016
$1,707
$14,787
Tax history for 309 8th St
Year
Property tax
Land + Additions
Assessment*
2025
$2,514 (+43.9%)
$24,187
2024
$1,747 (+6.5%)
$24,187
2023
$1,641 (+5.5%)
$15,893
2022
$1,555 (+6.5%)
$14,953
2020
$1,460 (+7.0%)
$14,953
2019
$1,364 (−11.1%)
$14,111
2018
$1,534 (+3.4%)
$14,787
2017
$1,484 (−13.1%)
$14,787
2016
$1,707
$14,787
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
1995
Sq. Ft.
1,067
Year built
1985
Style
Townhouse
County
Lincoln County
APN
279732209016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Property details
Parking
Parking/Garage Information
Parking Total: 5
Off Street Spaces: 4
Garage Spaces: 1
AttachedGarageYN: Yes
Interior
Bedroom Information
Bedrooms Total: 8
Bathroom Information
Bathrooms Total Integer: 5
Interior Features
Appliances: Dishwasher, Dryer, Oven, Range Hood, Refrigerator, Washer
Flooring: Carpet, Linoleum, Vinyl
Laundry Features: Laundry Closet, Main Level
Basement Information
Basement: Crawl Space
Exterior
Building Information
Building Area Total: 5,082
Building Area Source: Public Records
Structure Type: Quadruplex
Construction Materials: Brick, Frame, Vinyl Siding
Exterior Features
Accessibility Features: Accessible Approach with Ramp
Roof: Composition, Metal
Property Information
Property Type: Residential Income
Property Attached
Living Area: 5,082
Above Grade Finished Area: 5,082
Entry Location: Ground
Levels: One
Additional Living Structure YN: 0
Common Walls: 1 Common Wall
Ownership: Individual
Lot Information
Lot Size Square Feet: 17,500
Lot Size Acres: 0.4
Water Source: Public
Financial
Tax Information
Tax Annual Amount: $1,747
Tax Year: 2024
Parcel Number: 279732209016
Utilities
Utility Information
Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Sewer: Community Sewer
Heating & Cooling
Cooling: Central Air
Heating: Forced Air, Natural Gas
Location
Multi-Family Information
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
Owner Pays: Insurance, Taxes, Trash Collection, Water
Tenant Pays: Electricity, Gas, Internet
Unit Type 1 Information
Unit Type: 2 Bedroom
Description: Unit #1
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 1
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Washers: 1
# Of Dryers: 1
# Of Parkings Per Unit: 2
Unit Average SqFt: 1,008
Unit Average Rent: $850
Unit Type 2 Information
Unit Type: 3 Bedroom
Description: Unit #2
# Of Beds Total: 3
# Of Baths Total: 2
# Of Units Total: 2
# Of Stoves: 1
# Of Refrigerators: 1
# Of Washers: 1
# Of Dryers: 1
# Of Parkings Per Unit: 2
Unit Average SqFt: 1,512
Unit Average Rent: $1,000
Unit Type 3 Information
Unit Type: 3 Bedroom
Description: Unit #3
# Of Beds Total: 3
# Of Baths Total: 2
# Of Units Total: 3
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Washers: 1
# Of Dryers: 1
# Of Parkings Per Unit: 2
Unit Average SqFt: 1,512
Unit Average Rent: $1,000
Unit Type 4 Information
Unit Type: 2 Bedroom
Description: Unit #4
# Of Beds Total: 2
# Of Baths Total: 1
# Of Units Total: 4
# Of Stoves: 1
# Of Refrigerators: 1
# Of Dishwashers: 1
# Of Washers: 1
# Of Dryers: 1
# Of Storage Units: 1
# Of Parkings Per Unit: 2
Unit Average SqFt: 1,050
Unit Average Rent: $850
School Information
Elementary School: Genoa-Hugo
Elementary School District: Genoa-Hugo C-113
Middle Or Junior School: Genoa-Hugo
Middle Or Junior School District: Genoa-Hugo C-113
High School: Genoa-Hugo
High School District: Genoa-Hugo C-113
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,067
Stories: 1.0
Lot Size: 0.41 acres
Style: Townhouse
Year Built: 1985
Year Renovated: 1995
County: Lincoln County
APN: 279732209016
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
K - 12
Preschool & daycare
Genoa-Hugo School
Public PreK-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Hugo, CO • 80821
Average low and high temperatures (°F)
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22
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Sun exposure
93/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.