CO > Colorado Springs
Colorado Springs, CO 80909,505 Iowa AVE
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Colorado Springs, CO 80909,505 Iowa AVE
Colorado Springs, CO 80909,505 Iowa AVE
Colorado Springs, CO 80909,505 Iowa AVE
Colorado Springs, CO 80909,505 Iowa AVE
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Kari Jones

Kari Jones

+1(720) 238-7272
$ 389,998
Est. payment /mo
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505 Iowa AVE Colorado Springs, CO 80909

7,500 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5191608

Construction Status Existing

HOA Y/N No

Year Built 1956

Annual Tax Amount $1,065

Tax Year 2025

Lot Size 7,500 Sqft

Property Sub-Type Duplex

Property Description

Updated main level living duplex close to downtown CO Springs! Tucked into a charming, established neighborhood with great rental history! Both units have been updated with vinyl windows, tile flooring, and full kitchen/bath upgrades! 505 is a 2 bed/1 bath property, 503 is a 1 bed/1 bath unit. 505 leased through 3/31/2026. 503 Iowa leased through 10/1/2026. Tenants pay seperate electric/gas, water/sewer on house meter. Furnace replacement 2015, upgraded electrical 2013! Perfect for both new and seasoned investors with opportunity to live on one side and rent out the other!Property is mixed use medium scale zoning, allowing for additional possibilities for the space!

Location

State CO

County El Paso

Area Knob Hill

Interior

Cooling None

Fireplaces Number 1

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 3.0

Fence Rear

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone

Roof Type Composite Shingle

Building

Foundation Crawl Space

Water Municipal

Structure Type Frame

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Established Rental History, Sold As Is

Unit 1

Beds 2

Baths 1

Rent Price 950

Occupied Y

Furnished N

Unit 2

Beds 1

Baths 1

Rent Price 850

Occupied Y

Furnished N

Pikes Peak MLS (PPAR)
Listed by Byrne Real Estate and Property Management PLLC
Kari Jones

Kari Jones

Agent | License ID: 100103678

+1(720) 238-7272

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505 Iowa AVE