1012 Iowa Avenue Colorado Springs, CO
$ 499,000
Property Attributes
  • MLS#4513277
  • TypeContingent
  • CountyEL PASO
  • CityColorado Springs
  • NeighborhoodGrand View
  • Zip80909
  • StyleTraditional
  • Year Built1941
  • Taxes1017
  • Price$ 499,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2438
  • Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Engel & Volkers Denver
Property Description

NOTE: This offering is for 2 properties. 1012 Iowa ave (5bd,3ba) & 2014 E Yampa st. (1bd,1ba) Almost everything in these two homes are either brand new or newly replaced within the past 2 years. REMODELED This is an income producing 2 unit property. One unit faces Iowa ave and the other faces Yampa st. Located on a corner lot. 5 bed 3 bath - main house - OCCUPIED, @2,300/month 1 bed 1 bath - cottage home - OCCUPIED, $1,100/month GOI - $40,800 NOI - $38,000 cap rate - 7.6% Close to Colorado College and the Olympic Training Center. Main house could receive $600/room if rented out to college students or olympic athletes. Assuming $600/room GOI - $49,200 NOI - $46,400 Cap - 9.2%

Elementary School Middle School High School
Queen Palmer Elementary School Galileo Middle School Palmer High School
Price History
1/27/2020 Listed $499,000

General Features

Appliances Cooktop, Dryer, Dishwasher, Oven, Refrigerator, Washer
Architectural Style Traditional
Association Y/N No
Attached Garage Yes
Carport Spaces 0.0
Carport Y/N No
Cooling CentralAir
Elementary School Queen Palmer
Exterior Features PrivateYard
Flooring Carpet, Laminate, Tile
Garage Spaces 1.0
Garage Y/N Yes
Heating ForcedAir
High School Palmer
High School District Colorado Springs 11
Interior Features InLawFloorplan
Junior High Galileo
Levels One
Ownership Agent Owner
Parking Features Driveway, Gravel
Patio/Porch Features Covered, FrontPorch
Property SubType SingleFamilyResidence
Property Type Residential
Roof Other
Sewer PublicSewer
Special Listing Conditions None
Structure Type House
Terms Item1031Exchange
Zoning R1-6

Interior Features

Above Grade Finished Area 1684.0
Above Grade Finished Area Source PublicRecords
Air Conditioning Y/N Yes
Basement Finished
Basement (Y/N) Yes
Below Grade Finished Area 754.0
Below Grade Finished Area Source PublicRecords
Fireplace Features Basement, LivingRoom
Fireplace Y/N Yes
Full Baths 4
Heating Y/N Yes
Laundry Features InUnit
Living Area 2438.0
Main Level Bathrooms 3
Main Level Bedrooms 5
Total Fireplaces 2

Exterior Features

Building Area Total 2438.0
Covered Spaces 0.0
Fencing Partial
Foundation Details ConcretePerimeter
Horse Y/N No
Lot Features CornerLot
Lot Size Acres 0.28
Lot Size Square Feet 12250.0
Road Frontage Type PublicRoad
Road Surface Type Paved
Total Parking 1.0
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80909

AVG $320K
AVG $1,004
AVG 54
Year Built
AVG 1954
AVG 50
Data Provided by Walkscore ® not using MLS data

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