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Exceptional investment opportunity in Calhan! Custom built in 2003, this well-designed fourplex is currently operating as four furnished vacation rentals, offering an exciting opportunity for an investor looking for an established income-producing property. Each spacious unit offers over 1,200 square feet with THREE bedrooms, providing a layout that works well for short-term, mid-term, or traditional rental use. Quality construction and thoughtful design are evident throughout, with sturdy 2x6 construction, vinyl windows, laminate flooring, low-maintenance exteriors, durable Trex decks, and convenient in-unit laundry rooms. Each unit also features generous cabinet space, a large storage room, and two designated parking spaces. Designed with long-term ownership and ease of maintenance in mind, this property combines durable finishes, functional floor plans, and impressive space in each residence. Its current use as four furnished vacation rentals adds another layer of versatility for the next owner—continue the existing operation or explore other rental strategies to fit your investment goals. With four separate three-bedroom units, ample parking and storage, low-maintenance construction, and a great Calhan location, this is a unique opportunity to add a substantial multifamily property to your portfolio. Seller is open-minded to contributing towards the buyers closing costs and possible rate buy-downs. Rent has been calculated by taking YTD VR bookings of $62412/4 units/8 months.

Highlights

  • Income
  • Fourplex
  • Built in 2003
  • 0.1722 Acre Lot
  • 97 days on Market

  • Year Built
    2003
  • Living Area
    0.0
  • Appliances
    Dishwasher, Refrigerator, Range, Microwave Oven
  • Cooling
    Ceiling Fan(s)
  • Heating
    Forced Air
  • Basement
    Crawl Space

  • Acres
    0.1722
  • Utilities
    Electricity Connected, Propane
  • Water
    Municipal

  • County
    El Paso
  • City
    Calhan
  • Zip Code
    80808

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Frequently Asked Questions

How do I schedule a tour of 1127 8th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1127 8th St.

They know incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1127 8th St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $930,000. We can talk through recent upgrades, potential seller motivation, how this fourplex compares to others in Calhan, and can even get you in to see the property quickly.

How do I get a virtual tour of 1127 8th St?

Yes! A virtual tour is available for 1127 8th St. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 1127 8th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1127 8th St at around $5,534. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1127 8th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in El Paso County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1127 8th St?

In most cases, yes. Whether 1127 8th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Calhan's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1127 8th St?

We can handle that for you. Our preferred local agent specializes in incomes in Calhan and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

1127 8th St was listed on August 08, 2026, which means it's been on the market for 97 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2003, making it approximately 23 years old.

What is the lot size of this property?

1127 8th St sits on a 0.17-acre lot, which is 7,405 square feet.

What are the property taxes for 1127 8th St?

The most recent public record shows annual property taxes for 1127 8th St were approximately $2,898. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1127 8th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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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.

Last Updated: November 13, 2026 at 10:43AM | Source: Pikes Peak Association of Realtors | MLS#: 6853813