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1007 Iowa Avenue, 
Colorado Springs, CO 80909

$425,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Tammy Smidt

Bernadine Vayle Crs Gri

Last updated:

July 9, 2025, 06:40 PM

MLS#

5312451

Source:

CO PPAR

Company Logo

About This Home

1007 Iowa Avenue

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!

Home Facts

Multi-Family

Built in 1945

Price Summary

425,000

MLS #:

5312451

Last Updated:

July 9, 2025, 06:40 PM


Structure

Structure

Year Built:

1945


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$425,000

1007 Iowa Avenue
MLS Logo
The information being provided by Pikes Peak REALTOR® Services Corp. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Pikes Peak REALTOR® Services Corp.. Coldwell Banker 1st Choice Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker 1st Choice Realty, Inc., a broker participant of Pikes Peak REALTOR® Services Corp.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Pikes Peak REALTOR® Services Corp. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. 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. Copyright 2025 Pikes Peak REALTOR® Services Corp. All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.