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505 Iowa Avenue

Colorado Springs, CO 80909
  • $389,998
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: 5191608
$389,998
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Byrne Real Estate and Property Management PLLC: (719) 260-9970.

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!

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Pikes Peak Multiple Listing Service logo The Kibler Group | Keller Williams Partners- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-12-12T23:40:49.16.
www.kiblergroup.com/homes/170061195
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505 Iowa Avenue Colorado Springs, CO 80909

  • Price: $389,998
  • Status: Active
  • On Site: 24 Days
  • ID#: 5191608
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1956
Built
Neighborhood:
J R Marks
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
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!
Exterior Features

Fence Rear Foundation Details Crawl Space Lot Size 7500.0000 Lot Size Units SqFt Parking Spaces Number Of 3 Roof Composite Shingle Siding Masonite Type Structure Frame

Interior Features

Appliances Microwave OvenOvenRefrigerator Cooling None Fireplace Description None Heating Forced Air Laundry Facilities None Unit Total Baths 2 Unit Total Beds 3

Property Features

Earnest Money 4000 Income Property Sub Type Duplex Notices Established Rental HistorySold As Is Tax Amount 1065.25 Tax Year 2025 Terms CashConventionalFHAVA Unit Count 2 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedTelephone Water Municipal



Pikes Peak Multiple Listing Service logo The Kibler Group | Keller Williams Partners- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-12-12T23:40:49.16.
 
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The Kibler Group | Keller Williams Partners
6140 Tutt Blvd, Suite 210
Colorado Springs CO, 80923
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Byrne Real Estate and Property Management PLLC: (719) 260-9970.