Residential · Active

197 True Avenue

Poncha Springs, CO 81242

6 Beds · 6 Baths · 2,808 Sq Ft

$889,000

Single Family

Property Type

0.11 acres

Lot Size

2023

Year Built

$317

Price per Sq Ft

1

Parking Spaces

6643166

MLS #

About This Property

Exceptional investment opportunity with this well-maintained duplex offering two attached units being sold together. With a total of 2,808 square feet (1,404 square feet per unit), this property provides immediate rental income, with each unit currently generating $2,200 per month.

Each unit features an identical floor plan (mirror image layout) designed for comfortable everyday living. The main level offers an open-concept kitchen, dining, and living area with durable concrete floors, efficient in-floor radiant heat, a convenient half bath, laundry area, quartz countertops, and an attached one-car garage. Enjoy outdoor living from the covered front porch, perfect for relaxing year-round.

Upstairs, each unit includes three bedrooms, including a spacious primary suite complete with a private bath and its own balcony. Two additional bedrooms and a full guest bath provide ample space for family, guests, or a home office.

Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility, strong income potential, and a desirable layout. An excellent opportunity for investors and owner-occupants alike.

115 days on market

Listed by Stacy Lowe · Pinon Real Estate Group LLC · slowe@PinonRealEstate.com

Last updated: 7/15/2026 4:05 PM · Source: REcolorado®, MLS#: 6643166

Virtual Tour

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $317
Subdivision none
MLS # 6643166
Days on Market 115
Bedrooms 6
Full Baths 2
Half Baths 2
Three-Quarter Baths 2

More Details

Year Built 2023
Lot Size (Sq Ft) 4,792
Acres 0.11
HOA No
Annual Taxes $2,222
State CO
County Chaffee
Zoning Residential

Interior

Interior Features Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters
Heating Baseboard, Radiant
Cooling None
Flooring Carpet, Concrete
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior & Parking

Exterior Features Balcony
Garage Yes
Garage Spaces 1
Parking Features Driveway
Roof Composition

Building & Lot

Lot Features Level
Architectural Style Contemporary
Levels Two
Construction Frame, Stucco
Sewer Public Sewer

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
7/15/2026 Listed for sale
Source: REcolorado® #6643166
$889,000 $317/sqft

Based on information submitted to the MLS GRID as of November 7, 2026 at 10:06 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated July 15, 2026 at 4:05 PM.

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