$389,998

505 Iowa Avenue, Colorado Springs, CO 80909

3 beds |
2 baths |
1,152 sqft

Single-Family Home
Built in 1956
7,501sqft lot
—— car garage
$339/sqft
Listed 2 days ago

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!

Listing Status:: Active
Listing Office:: Byrne Real Estate and Property Management PLLC : 719-260-9970
Listing Agent:: Angela Byrne : 719-210-6455
MLS ID:: 1431463

General: Six Panel Doors
Appliances: MicrowaveOvenRefrigerator
Laundry: None
Basement: Crawl Space
Flooring: CarpetTile
A/C: None
Heating: Forced Air
Fireplace: None

Parking: Parking spaces: 0

Roofing: Shingle

HOA Amenities: 0.0Not Applicable
School District: Colorado Springs 11
County: El Paso

Zoning: 6409334009

Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedTelephone
Water: Public

This listing courtesy of Angela Byrne, Byrne Real Estate and Property Management PLLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rogers Elementary School

110 S Circle Dr, Colorado Springs, CO, 80910

Grades PK-5

1.00 miles away

Galileo School of Math and Science

1600 N Union Blvd, Colorado Springs, CO, 80909

Grades 6-8

1.18 miles away

Eastlake High School of Colorado Springs

2520 Airport Rd, Colorado Springs, CO, 80910

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.