1012 Iowa Avenue Colorado Springs, CO ^$ 550,000

1012 Iowa Avenue

^$ 550,000

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Recently Listed

1012 Iowa Avenue

Colorado Springs, CO, 80909

^$ 550,000

Studio Baths0.0

Monthly Estimate*

^$ 3,386

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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $550,000. This home was built in 1941 on a lot size of 0.2812.

Wonderful income property featuring 3 units with separate entrances. The main house could easily be converter back into one unit. Over 2,000 square feet in the main home and approximately 400 square feet in the charming cottage. Ideally located within walking distance to Memorial Hospital and the Olympic Training Center, the property includes two fully fenced homes situated across three lots. With ample off-street parking and strong rental potential, this property offers excellent income opportunities.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,479

Style

House W/Cottage

Lot Size

0.2812

Year Built

1941

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

8107189

Features

General

Utilities Cable Available Electricity Connected Natural Gas Available Telephone

Roof Composite Shingle

Appliances 220v in Kitchen Dishwasher Disposal Dryer Microwave Oven Range Refrigerator Self Cleaning Oven Washer

Water Municipal

School District Colorado Springs 11

Property Type Income

Yearly Taxes 1479.40

Tax Year 2026

Status Active

Sub Type House W/Cottage

Exterior

Siding Stucco

Fence All

Structure Framed on Lot

Lot Size 12250.0000

Foundation Full Basement

Interior

Laundry Facility Electric Hook-up

Fireplace Basement Main Level Wood Burning

* Excluded Features

List By

Action Team Realty

Broker

Christhebroker@me.com

Affordability Calculator

$3,510

Per Month

Monthly Principal & Interest: $3,386
Monthly Property Taxes: $123
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Multi-family listings in Colorado Springs, CO

Average List Price ^$702,310

Percent of Sale Price 28%

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
3/30/2026	$550,000	-4.35%	Price Down
3/27/2026	$575,000	-4.01%	Price Down
3/13/2026	$599,000		Listed Price

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1012 Iowa Avenue, Colorado Springs, CO, 80909 is a Multi-Family Home for sale at $550,000 with a lot size of 0.2812. 1012 Iowa Avenue is a studio with 0.0 baths and was built in 1941. 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 6.25% 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 3/31/2026.

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1012 Iowa Avenue

Multi-Family Home for sale in Colorado Springs, CO

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