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$ 425,000
Est. payment /mo
New
1007 Iowa AVE Colorado Springs, CO 80909
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5312451
Construction Status Existing
HOA Y/N No
Year Built 1945
Annual Tax Amount $1,556
Tax Year 2024
Lot Size 7,405 Sqft
Property Sub-Type Duplex
Property Description
Investor's Dream with Vintage Charm, Income Potential & Pikes Peak Views – 1945 Gem in the Heart of Colorado Springs!
Discover a rare opportunity to own a well-maintained, income-generating vintage home in the heart of Colorado Springs—complete with stunning views of Pikes Peak from your front door. This charming 1945 ranch-style property sits on a spacious corner lot and offers the perfect blend of character, modern updates, and smart investment potential.
The main level features 2 bedrooms and 1 bath, filled with timeless charm and a warm, functional layout. Below, the garden-level apartment is fully finished and ideal as owner's quarters or a rental unit—perfect for long-term tenants, multi-generational living, or a short-term rental. This self-contained unit includes its own washer, dryer, refrigerator, and range/oven, giving you two complete living spaces under one roof.
Recent upgrades and highlights include:
Maintenance-free stucco siding
Updated vinyl windows
Newer roof
Furnace (only 4 years old)
Sprinkler system
RV parking + off-street parking
Beautiful landscaping with mature trees, including your own maple
Enjoy peaceful mornings or golden sunsets from your porch while taking in the panoramic mountain views. This is more than just a home—it's a turnkey investment opportunity in a prime location, with strong rental potential and easy access to shopping, dining, schools, and downtown.
Whether you're an investor looking to expand your portfolio or a buyer seeking a multi-use property with income flexibility, this vintage gem is ready for its next chapter.
Schedule your private tour today—properties like this don't come along often!
Discover a rare opportunity to own a well-maintained, income-generating vintage home in the heart of Colorado Springs—complete with stunning views of Pikes Peak from your front door. This charming 1945 ranch-style property sits on a spacious corner lot and offers the perfect blend of character, modern updates, and smart investment potential.
The main level features 2 bedrooms and 1 bath, filled with timeless charm and a warm, functional layout. Below, the garden-level apartment is fully finished and ideal as owner's quarters or a rental unit—perfect for long-term tenants, multi-generational living, or a short-term rental. This self-contained unit includes its own washer, dryer, refrigerator, and range/oven, giving you two complete living spaces under one roof.
Recent upgrades and highlights include:
Maintenance-free stucco siding
Updated vinyl windows
Newer roof
Furnace (only 4 years old)
Sprinkler system
RV parking + off-street parking
Beautiful landscaping with mature trees, including your own maple
Enjoy peaceful mornings or golden sunsets from your porch while taking in the panoramic mountain views. This is more than just a home—it's a turnkey investment opportunity in a prime location, with strong rental potential and easy access to shopping, dining, schools, and downtown.
Whether you're an investor looking to expand your portfolio or a buyer seeking a multi-use property with income flexibility, this vintage gem is ready for its next chapter.
Schedule your private tour today—properties like this don't come along often!
Location
State CO
County El Paso
Area Grand View
Interior
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type Basement, Main Level
Laundry Common
Exterior
Utilities Available Electricity Connected
Roof Type Composite Shingle
Building
Foundation Full Basement
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable
Unit 1
Beds 2
Baths 2
Occupied N
Furnished N
Listed by Coldwell Banker 1st Choice Realty