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

505 Iowa Avenue

^$ 389,998

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Recently Listed

505 Iowa Avenue

Colorado Springs, CO, 80909

^$ 389,998

Bedrooms3 Baths2.0 Sq 1,152

Monthly Estimate*

^$ 2,433

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

Single Family Home for sale in Colorado Springs, CO

for $389,998 with 3 bedrooms and 2 full baths. This 1,152 square foot 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!

Single Family Active

Price

^$ 389,998

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,065

Style

Ranch

Lot Size

0.1722

Year Built

1956

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

1431463

Features

General

Utilities Cable Available Electricity Connected Natural Gas Connected Telephone

Roof Composite Shingle

Appliances Microwave Oven Oven Refrigerator

Water Municipal

Assoc Fees 0.00

Number of Garage Spaces 0

School District Colorado Springs 11

Construction Status Existing Home

Property Type Residential

Yearly Taxes 1065.25

Tax Year 2024

Status Active

Sub Type Single Family

High School Palmer

Junior High School Galileo

Elementary School Rogers

Covenants Y/N 0

Exterior

Siding Masonite Type

Garage Type None

Structure Frame

Lot Size 7500.0000

Foundation Crawl Space

Lot Description Level

Interior

Full Baths 0

Floor Plan Ranch

Half Baths 0

Three Quarter Bath 2

Laundry Facility None

Fireplace None

Total Baths 2

* Excluded Features

List By

Byrne Real Estate And Property Management Pllc

Broker

angela@springsliving.com

Affordability Calculator

$2,522

Per Month

Monthly Principal & Interest: $2,433
Monthly Property Taxes: $89
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Single family listings in Colorado Springs, CO

Average List Price ^$621,223

Percent of Sale Price 59%

About Colorado Springs, CO

461,521 Population

27% Since 2002

^$57,575 Median Income

36.95 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3784392 Elementary School

3784391 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$389,998		Listed Price

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505 Iowa Avenue, Colorado Springs, CO, 80909 is a Single Family Home for sale at $389,998 with 1,152 sqft and a lot size of 0.1722. 505 Iowa Avenue has 3 bedrooms, 2.0 baths, and was built in 1956. The property's zip code is 80909 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Pikes Peak REALTOR(R) Services Corp.

The data relating to real estate for sale on this web site comes in part from The Internet Data Exchange Program of The Pikes Peak REALTOR(R) Services Corp. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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 is updated as of 12/8/2025.

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505 Iowa Avenue

Single Family Home for sale in Colorado Springs, CO

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