1007 Iowa Avenue
Colorado Springs, CO 80909
Map
- – beds
- – baths
- – sqft
- 7,405 sqft lot
- 1945 build
- – on site
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!
Last checked:
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Checking…
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Last updated Jul 9, 2025
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MLS# 5312451 —
This property is listed in more than one place. See it here, and here, and here, and here, and here.
The Building
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Year Built:1945
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Unit Count:1
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Roof:Composite Shingle
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Foundation Details:Full Basement
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Siding:Stucco
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Structure:Frame
Interior
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Fireplace Description:Basement, Main Level
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Laundry Facilities:Common
Financial & Terms
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Terms:Cash, Conventional, FHA, VA
Location
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Latitude:38.846467
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Longitude:-104.789735
The Property
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Property Type:Income
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Property Subtype:Duplex
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Construction Status:Existing
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Lot Size:0.1700
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Lot Size Area:7405.20
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Lot Size Units:Acres
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Acres Total:0.1700
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Handicap:Hand Rails, Ramp Access
Listing Agent
- Contact info:
- Agent phone:
- (719) 338-3347
- Office phone:
- (719) 687-0900
Taxes
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Tax Year:2024
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Tax Amount:$1,556
Beds
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Total Bedrooms:3
Baths
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Total Baths:2
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Electricity Connected
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Water:Municipal
Appliances
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Appliances:220v in Kitchen, Disposal, Dryer, Microwave Oven, Range, Refrigerator, Washer
Schools
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School District:Colorado Springs 11
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/9/25
Jul 9, 2025
|
Listed / Active | PPMLS | $425,000 | |
|
5/20/25
May 20, 2025
|
Price Changed | PPMLS | ||
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4/18/25
Apr 18, 2025
|
Price Changed | PPMLS |
