Residential Income · Active

1012 Iowa Avenue

Colorado Springs, CO 80909

6 Beds · 4 Baths · 2,488 Sq Ft

$550,000

Residential Income

Property Type

0.28 acres

Lot Size

1941

Year Built

$221

Price per Sq Ft

8107189

MLS #

About This Property

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.

232 days on market

Listed by Christopher Morrison · Action Team Realty · 719-559-8400

Last updated: 10/17/2026 11:45 AM · Source: elevateMLS, MLS#: 8107189

Property Details

Key Details

Property Type Residential Income
Status Active
Price per Sq Ft $221
MLS # 8107189
Days on Market 232
Bedrooms 6

More Details

Year Built 1941
Lot Size (Sq Ft) 12,250
Acres 0.2812
Annual Taxes $1,479
Tax Year 2026
State CO
County El Paso

Interior

Heating Forced Air
Cooling Central Air
Fireplace Features Basement, Wood Burning, Main Level
Appliances Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, 220v in Kitchen

Exterior & Parking

Roof Composite Shingle

Building & Lot

Basement Full Basement
Construction Stucco, Frame
Sewer Sewer
Water Source Public
New Construction No

Terms & Other

Listing Terms Assumable, Cash, Conventional, VA Loan

Location

Price History

DateEventPrice
3/30/2026 Price change
Source: elevateMLS #8107189
$550,000 -8.2% $221/sqft
3/13/2026 Listed for sale
Source: elevateMLS #8107189
$599,000 +4.2% $241/sqft
7/21/2021 Sold
Source: elevateMLS #3173020
$575,000 -4.0% $231/sqft
3/18/2021 Price change
Source: elevateMLS #3173020
$599,000 -4.9% $241/sqft
3/18/2021 Listed for sale
Source: elevateMLS #3173020
$630,000 $253/sqft

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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Listing information last updated October 17, 2026 at 11:45 AM.

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