8284 US Highway 50 Howard, CO 81233
Property details
About 8284 US Highway 50
Rare investment opportunity with excellent income potential! Formerly a motel, this unique property has been thoughtfully converted into a thriving apartment complex. It features a single-family log home (1,388 sq ft) plus five rental apartments totaling 2,808 sq ft. The main home is move-in ready, offering two comfortable bedrooms, a spacious third bedroom with access to the back patio, and a bright bonus room currently used as a workout space. The five rental apartments include three 1-bed/1-bath apartments (approximately 24' x 24'), all currently rented, and two additional studio apartment. Each rental features restored oak flooring, access to shared laundry facilities, and inviting outdoor sitting areas. Centrally located, the property is just a short walk to the Arkansas River—renowned for Gold Medal fishing—and only minutes from skiing, rafting, hiking, and more well-positioned for strong rental demand. Whether you're looking to live on-site and offset expenses or expand your investment portfolio, this is a true diamond in the rough!
Highlights
Summary
- Partial Bathrooms: 5
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer
- Basement: No
- Flooring Type: Concrete, Wood
- Interior: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island
- Fireplace: Living Room, Wood Burning Stove
- Total Bedroom Count: 8
- Attached Garage: No
- Parking: Gravel
- View: Mountain(s)
- Exterior: Fire Pit, Garden, Lighting, Private Yard, Rain Gutters
- Architectural Style: Rustic
- Heating: Electric, Forced Air, Propane, Wood Stove
- Cooling: Other
- List Price: $650,000
- Price/SqFt: $154
- Annual Tax Amount: $2,541
- Tax Year: 2023
- Lot: Landscaped, Level, Many Trees, Open Lot
- Year Built: 1954
- Living Area: 4,196 SqFt
- Lot Size: 1 Acres
- MLS Number: 8929665
- MLS Name: RECOLORADO
- Office Name: Pinon Real Estate Group LLC
- Office Phone: (719) 539-0200
- Listing Agent: Susan Hughes
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 6/26/2025, 1:57:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$650,000
8284 US Highway 50
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 22, 2013 | Home Sold | $215,000 |
| Sep 19, 2005 | Home Sold | $185,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $50,330 | $2,541 |
| 2022 | $63,085 | $3,025 |
| 2021 | $63,421 | $3,008 |
| 2020 | $32,536 | $1,524 |
| 2019 | $32,536 | $1,520 |
| 2018 | $31,876 | $1,496 |
| 2017 | $8,943 | $1,273 |
History based on county public records data.
Nearby schools
9
Longfellow Elementary School
Public District KG-4
10.6 mi
•425 W 7th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,943. Residents of Howard, CO typically earn less than $<35k each year. Most families are married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Hunting
NASCAR
Where do the neighbors shop?
Dollar General
Dillards
Wal-Mart
Where do the neighbors go to eat?
Applebees
Cracker Barrel
Hardee's
What do the neighbors drive?
Cadillac
Oldsmobile
Ram
What do the neighbors listen to?
Classic Country
News/Talk/Information
Oldies
Frequently asked questions
About 8284 US Highway 50
The listing price of 8284 US Highway 50 property is $650,000.
The property 8284 US Highway 50 is a house located in Howard, Colorado, 81233.
Active Listing: 8284 US Highway 50 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8284 US Highway 50 are: Longfellow Elementary School (GreatSchools Rating 9/10), Salida Middle School (GreatSchools Rating 5/10), Custer County Middle School (GreatSchools Rating 3/10), Cotopaxi Junior-Senior High School (GreatSchools Rating 5/10), Salida High School (GreatSchools Rating 6/10), Horizons Exploratory Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,541 (source: MLS/based on county public records data).
The last sale was on July 22, 2013 for $215,000 (source: MLS/tax record).
The property at 8284 US Highway 50 has 8 bedrooms and 1 full and 5 half bathrooms.
The property 8284 US Highway 50 is 4,196 SqFt (source: MLS/tax record).
The year of construction for 8284 US Highway 50 is 1954.
This home is located at 8284 US Highway 50 in Howard, CO and zip code 81233. This 4,196 square foot home, which was built in 1954, sits on a 1.00 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $650,000.
The inventory of homes for sale in Howard, CO between April and May 2025 increased by 100%. Listings spent 80 days on the market in May 2025, and had a median list price of $650,000 during the same period.