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For sale
  • $550,000

    1012 Iowa Ave, Colorado Springs, CO 80909

    6beds
    4baths
    2,488sqft
    : 
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    Single Family Residence
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $221/sqft
    $-- HOA

    What's special

    Wonderful income property featuring 3 units with separate entrances. The main house could easily be converter back into one unit. Over 2,000 square feet in the main home and approximately 400 square feet in the charming cottage. Ideally located within walking distance to Memorial Hospital and the Olympic Training Center, the property includes two fully fenced homes situated across three lots. With ample off-street parking and strong rental potential, this property offers excellent income opportunities.
    120 days
    |
    241
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Morrison 719-271-7051,

    Action Team Realty

    Source: elevateMLS,MLS#: 8107189MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: 220v in Kitchen, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
      • Laundry: Electric Hook-up
      Features
      • Basement: Full
      • Has fireplace: Yes
      • Fireplace features: Basement
      Interior area
      • Total structure area: 2,488
      • Total interior livable area: 2,488 sqft

      Property

      Features
      • Fencing: Full
      Lot
      • Size: 0.28 Acres
      Details
      • Parcel number: 6409304008

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco, Framed on Lot
      • Roof: Composite Shingle
      Condition
      • Existing
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Water: Municipal
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available

      Community & HOA

      Location
      • Region: Colorado Springs

      Financial & listing details

      • Price per square foot: $221/sqft
      • Tax assessed value: $451,431
      • Annual tax amount: $1,479
      • Date on market: 3/13/2026
      • Listing terms: Assumable,Cash,Conventional,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/30/2026Price change$550,000-4.3%$221/sqft
        Source: elevateMLS #8107189 Report a problem
        3/27/2026Price change$575,000-4%$231/sqft
        Source: elevateMLS #8107189 Report a problem
        3/13/2026Listed for sale$599,000+4.2%$241/sqft
        Source: elevateMLS #8107189 Report a problem
        7/22/2021Sold$575,000-4%$231/sqft
        Source: Public Record Report a problem
        6/18/2021Pending sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        6/18/2021Contingent$599,000$241/sqft
        Source: elevateMLS #3173020 Report a problem
        6/7/2021Listed for sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        5/4/2021Pending sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        5/4/2021Listed for sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        4/22/2021Contingent$599,000$241/sqft
        Source: elevateMLS #3173020 Report a problem
        4/22/2021Pending sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        4/17/2021Listed for sale$599,000$241/sqft
        Source: elevateMLS #3173020 Report a problem
        4/6/2021Pending sale$599,000$241/sqft
        Source: Engel & Volkers #7051970 Report a problem
        4/5/2021Contingent$599,000$241/sqft
        Source: elevateMLS #3173020 Report a problem
        3/18/2021Price change$599,000-4.9%$241/sqft
        Source: elevateMLS #3173020 Report a problem
        2/16/2021Price change$630,000-4.7%$253/sqft
        Source: Engel & Voelkers Denver #7051970 Report a problem
        1/29/2021Listed for sale$661,000+32.5%$266/sqft
        Source: Engel & Voelkers Denver #7051970 Report a problem
        1/14/2021Listing removed--
        Source: Engel & Volkers Report a problem
        11/28/2020Pending sale$499,000$201/sqft
        Source: Engel & Voelkers Denver #4513277 Report a problem
        11/25/2020Listed for sale$499,000$201/sqft
        Source: Engel & Voelkers Denver #4513277 Report a problem
        11/18/2020Pending sale$499,000$201/sqft
        Source: Engel & Voelkers Denver #4513277 Report a problem
        1/28/2020Listed for sale$499,000$201/sqft
        Source: Engel & V�lkers Denver #4513277 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,321 +11.5%$30,250
        2023$1,185 -7.8%$30,250 +42.9%
        2022$1,285 $21,170 -2.8%
        2021-- $21,780 +24.2%
        2020$1,190 +0.5%$17,540
        2019$1,184 +22.9%$17,540 +26.6%
        2018$963 -5.3%$13,860
        2017$1,017 +5.6%$13,860 +4.4%
        2016$963 +25.2%$13,270
        2015$769 +3.8%$13,270 +7.7%
        2014$741 $12,320
        2013-- --
        2011$836 $12,750 -10%
        2010-- $14,170 -0.1%
        2008-- $14,180
        2006-- $14,180 +21.2%
        2004-- $11,700
        2003$749 +3.7%$11,700 -11.2%
        2002$722 -0.4%$13,170 +5.4%
        2001$725 $12,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central Colorado Springs

        Getting around

        52 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Colorado Springs 11

        Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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