505 Iowa Avenue, Colorado Springs, CO 80909

Colorado Springs
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
505 Iowa Avenue,Colorado Springs, CO 80909
$389,998
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: angela byrne, morgan schneider
Office: byrne real estate and property management pllc
MLS#:5191608
Source:CO_PPAR

Price summary

  • Price:$389,998

About this home

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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Home facts

  • Year built:1956
  • Listing ID #:5191608
  • Added:99 day(s) ago
  • Updated:February 12, 2026 at 03:14 PM

Rooms and interior

  • Kitchen Description:Microwave Oven, Oven, Refrigerator

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composite Shingle
  • Year built:1956
  • Construction Materials:Masonite Type
  • Foundation Description:Crawl Space

Utilities

  • Water:Municipal

Finances and disclosures

  • Price:$389,998
  • Tax amount:$1,171 (2025)
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