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505 Iowa Avenue Colorado Springs, CO $ 389,998
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505 Iowa Avenue
$ 389,998
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505 Iowa Avenue

Colorado Springs, CO, 80909
$ 389,998
Baths0.0

Monthly Estimate*

$ 2,433

505 Iowa Avenue, Colorado Springs, CO 80909 - Image 1
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505 Iowa Avenue, Colorado Springs, CO 80909 - Image 13
Studio

Multi-Family Home for sale in Colorado Springs, CO

for $389,998. This home was built in 1956 on a lot size of 0.1722.

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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Multi-Family Active

Price

$ 389,998

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,065

Style

Duplex

Lot Size

0.1722

Year Built

1956

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

5191608
Features
General
Utilities Cable Available Electricity Connected Natural Gas Connected Telephone
Roof Composite Shingle
Appliances Microwave Oven Oven Refrigerator
Water Municipal
School District Colorado Springs 11
Property Type Income
Yearly Taxes 1065.25
Tax Year 2025
Status Active
Sub Type Duplex
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Exterior
Siding Masonite Type
Fence Rear
Structure Frame
Lot Size 7500.0000
Foundation Crawl Space
Parking Spaces 3
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Interior
Laundry Facility None
Fireplace None
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* Excluded Features
List By
Byrne Real Estate And Property Management Pllc

Broker

angela@springsliving.com

Email

Affordability Calculator

$2,522
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,433
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3784392 Elementary School
3784391 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/18/2025$389,998 Listed Price

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505 Iowa Avenue, Colorado Springs, CO, 80909 is a Multi-Family Home for sale at $389,998 with a lot size of 0.1722. 505 Iowa Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 80909 which is in Colorado Springs, CO

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