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$850,000
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Property Description
TURNKEY MULTIFAMILY INVESTMENT WITH STRONG CASH FLOW!!! Yes, this prime 8-unit apartment building located directly across from the East Morgan County Hospital, one of the area's largest and most stable employers-giving consistent tenant demand. All 8 units offer 2 bedrooms, 1 bathroom, plus a full laundry room with hookups, a rare and highly desirable feature in the rental market. This property delivers excellent rents, solid occupancy, and low vacancy due to its unbeatable location. Efficient unit layouts, strong tenant appeal, and easy management make this a high-performing asset for both new and seasoned investors. Ideal for a buy-and-hold strategy, this property provides immediate income with upside potential through continued rent growth. Rare opportunity to acquire a cash-flowing 8-plex in a supply-constrained market. ** Seller is a licensed real estate broker in the State of Colorado and is acting in this transaction on Seller's own behalf.
Full Property Details
Full Property Details for 217 Applewood Ct
General
- Price: $850,000
- Taxes: $6,180 (2024)
- Status: Active
- Type: Multi-Family
- Source: IRES
- MLS ID: 1051193
- Updated: 3/18/2026
- Added to Site: 59 day(s) ago
Interior
- Interior Features: Eat-In Kitchen, Open Floorplan, Kitchen Island
- Fireplace(s): None
- Appliances: Gas Range, Dishwasher, Refrigerator
Parking
- Total Spaces: 16
Location
- Area: Brush
- County: Morgan
- Subdivision: Brush
School Information
- School District: Brush RE 2J
- Elementary School: Thomson
- Middle School: Brush
- High School: Brush
Heating & Cooling
- Heating Type: Radiant
Utilities
- Gas: Yes
- Water: City
- Utility Description: Natural Gas Available, Electricity Available, High-Speed Internet Available
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Roof: Other
- Square Feet: 7,800
- Sq. Ft. Source: Assessor
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,224
- Frontage: County Maintained
- Potential Use: Multi-Family
- Zoning: RESIDENTIA
Financial Considerations
- Operating Expenses: $6,180
- Tax Amount: $6,180
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Tenant's personal property
- Property ID: 123104210001
Listed by eXp Realty LLC (888) 440-2724
Get Pre-Approved Today
Schools
Schools serving 217 Applewood Ct
School District:Brush School District Re-2j
| Name | Grades | Distance |
|---|---|---|
Beaver Valley Elementary School 420 Glacier Avenue, Brush, CO 80723 | 3-5 | 0.4 mi |
Thomson Primary School 422 Ray Street, Brush, CO 80723 | PK-2 | 1 mi |
Brush Middle School 1600 Mill Street, Brush, CO 80723 | 6-8 | 0.8 mi |
Brush High School 1600 Mill Street, Brush, CO 80723 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 217 Applewood Ct
Date
Details
Price
Change
Source
3/18/2026
Price Reduced
$850,000
-2.86%
MLS
3/02/2026
Price Reduced
$875,000
-2.78%
MLS
2/19/2026
Price Reduced
$900,000
-2.7%
MLS
2/09/2026
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 217 Applewood Ct
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,180
—
$59,880
-6%
2023
$6,205
26%
$63,570
33%
2021
$4,906
4%
$47,910
5%
2022
$4,726
-4%
$45,560
5%
2021
$4,906
—
$43,410
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 217 Applewood Ct
217 Applewood Ct, Brush, CO 80723 (MLS# 1051193) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 217 Applewood Ct is currently listed for $850,000 and was received on February 09, 2026. Want to learn more about 217 Applewood Ct? Do you have questions about finding other Multi-Family real estate for sale in Brush? You can browse all Brush real estate or contact a Coldwell Banker agent to request more information.

