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Home » Real Estate » CO » Colorado Springs » 80909 » 1007 Iowa Ave, Colorado Springs, CO, 80909
$425,000

1007 Iowa Ave, Colorado Springs, CO, 80909

1,704 Square Feet
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!
Offered By
Bernadine Vayle bernie@sroshek.com,719-687-1531, Coldwell Banker 1st Choice Realty

Property Details

Property Type Residential Income
Status Active
Property Sub Type Income Property
Square Feet 1,704
MLS # 5890254

Market Trends

New Properties On Market
17
89% Increase In New Listings
Average Asking Price
$470,400
$79,144 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$209
$2 Increase In List Price/Sq. Ft.
Average Days On Market
13
33 Day Decrease In Days On Market
Data as of Aug 02, 2025. Remaining statistics above are calculated on activity within the period from Jun 01, 2025 to Jul 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 7/31/2025 at 8:29 am