1007 Iowa Avenue, Colorado Springs, CO 80909 (MLS # 5890254)
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Investor's Dream with Vintage Charm, Income Potential & Pikes Peak Views - 1945 Gem in the Heart of Colorado Springs! Discover a rare opportunity to own a well-maintained, income-generating vintage home in the heart of Colorado Springs"”complete with stunning views of Pikes Peak from your front door. This charming 1945 ranch-style property sits on a spacious corner lot and offers the perfect blend of character, modern updates, and smart investment potential. The main level features 2 bedrooms and 1 bath, filled with timeless charm and a warm, functional layout. Below, the garden-level apartment is fully finished and ideal as owner's quarters or a rental unit"”perfect for long-term tenants, multi-generational living, or a short-term rental. This self-contained unit includes its own washer, dryer, refrigerator, and range/oven, giving you two complete living spaces under one roof. Recent upgrades and highlights include: Maintenance-free stucco siding Updated vinyl windows Newer roof Furnace (only 4 years old) Sprinkler system RV parking + off-street parking Beautiful landscaping with mature trees, including your own maple Enjoy peaceful mornings or golden sunsets from your porch while taking in the panoramic mountain views. This is more than just a home"”it's a turnkey investment opportunity in a prime location, with strong rental potential and easy access to shopping, dining, schools, and downtown. Whether you're an investor looking to expand your portfolio or a buyer seeking a multi-use property with income flexibility, this vintage gem is ready for its next chapter. Schedule your private tour today"”properties like this don't come along often!
| DAYS ON MARKET | 22 | LAST UPDATED | 7/9/2025 |
|---|---|---|---|
| TRACT | Grand View | YEAR BUILT | 1945 |
| COUNTY | El Paso | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Academy for Advanced and Creative Learning |
|---|---|
| Jr. High School | Academy for Advanced and Creative Learning |
| High School | Community Prep Charter School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), None |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| HEAT | Forced Air |
| INTERIOR | Ceiling Fan(s), Pantry |
| LOT | 7405 sq ft |
| PARKING | Gravel |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Grand View |
| TAXES | 1556 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Bernadine Vayle, Coldwell Banker 1st Choice Realty
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