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SQFT • 1,704
Home Details
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!
Presented By: Coldwell Banker 1st Choice Realty;
Interior Features for 1007 Iowa Avenue
Other Interior Features
Above Grade Finished Area852
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area0
Fireplace FeaturesBasement, Family Room
FlooringCarpet, Tile, Vinyl, Wood
Interior AmenitiesCeiling Fan(s), Pantry
Laundry FeaturesIn Basement, Main Level
Total Fireplaces2
General for 1007 Iowa Avenue
Attached Garage No
Carport Spaces
CityColorado Springs
Construction MaterialsStucco
CoolingNone
CountyEl Paso
DirectionsFrom intersection of N. Union Blvd & Cache La Poudre go east 3 blocks, turn north on Iowa house is on the right.
Elementary SchoolAcademy for Advanced and Creative Learning
Elementary School DistrictColorado Springs 11
Exclusionsn/a
Garage Spaces
HOANo
HeatingForced Air
High SchoolCommunity Prep Charter School
High School DistrictColorado Springs 11
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet7405.2
Lot Size UnitsAcres
Middle/Junior High SchoolAcademy for Advanced and Creative Learning
Middle/Junior School DistrictColorado Springs 11
Occupancy TypeVacant
OwnershipIndividual
PossessionClosing/DOD
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameGrand View
Tax Annual Amount1556
Tax Year2024
UtilitiesElectricity Connected, Natural Gas Connected
Year Built1945
Exterior for 1007 Iowa Avenue
Building Area Total1704
Lot Size Acres0.17
Lot Size Area0.17
Parking FeaturesGravel
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
Middle SchoolAcademy for Advanced and Creative Learning Middle School
Elementary SchoolAcademy for Advanced and Creative Learning Elementary School
High SchoolCommunity Prep Charter School High School
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