Tour
#8813951, Nicholas Bowman, Listing office: House Calls Realty
#5890254·
Listing office: Coldwell Banker 1st Choice Realty·
Listing agent: Bernadine Vayle·
Listing office phone: 719-687-0900
$425,000 List price
1007 Iowa Ave Colorado Springs, CO 80909
852 sqft
0.2 acres
$499 / sqft
Multi-Family
Property details
About 1007 Iowa Ave
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!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size852 sqft
BasementYes
Lot size0.17 Acres
Year built1945
ParkingGravel
MLS #5890254
FireplaceBasement, Family Room
Summary
- Basement: Yes
- Flooring Type: Carpet, Tile, Vinyl, Wood
- Interior: Ceiling Fan(s), Pantry
- Fireplace: Basement, Family Room
- Attached Garage: No
- Parking: Gravel
- Heating: Forced Air
- Cooling: None
- List Price: $425,000
- Price/SqFt: $498
- Annual Tax Amount: $671
- Tax Year: 2023
- Directions: From intersection of N. Union Blvd & Cache La Poudre go east 3 blocks, turn north on Iowa house is on the right.
- Year Built: 1945
- Living Area: 852 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 5890254
- MLS Name: RECOLORADO
- Office Name: Coldwell Banker 1st Choice Realty
- Office Phone: (719) 687-0900
- Listing Agent: Bernadine Vayle
Listings courtesy of REColorado as distributed by MLS GRID.
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
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Greenwood Village, CO 80111 USA
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 1:57:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 04, 1998 | Home Sold | $92,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $25,080 | $671 |
| 2022 | $16,240 | $519 |
| 2021 | $17,080 | $585 |
| 2020 | $13,750 | $466 |
| 2019 | $13,750 | $397 |
| 2018 | $10,850 | $376 |
| 2017 | $10,850 | $301 |
History based on county public records data.
Nearby schools
5
Queen Palmer Elementary School
Public District PK-5
0.1 mi
•1921 E Yampa St
4
James Irwin Charter Academy
Public Charter KG-5
0.9 mi
•1801 Howard Ave
3
Columbia Elementary School
Public District PK-5
1.1 mi
•835 E Saint Vrain St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,592. The most common annual income of people living in Colorado Springs, CO is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
50%
<35k
46%
35k-100k
2%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1007 Iowa Ave
The listing price of 1007 Iowa Ave property is $425,000.
The property 1007 Iowa Ave is a multi located in Colorado Springs, Colorado, 80909.
Active Listing: 1007 Iowa Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1007 Iowa Ave are: Queen Palmer Elementary School (GreatSchools Rating 5/10), James Irwin Charter Academy (GreatSchools Rating 4/10), Columbia Elementary School (GreatSchools Rating 3/10), Galileo School of Math and Science (GreatSchools Rating 2/10), North Middle School (GreatSchools Rating 5/10), Mann Middle School (GreatSchools Rating 2/10), Odyssey Early College and Career Options (GreatSchools Rating 5/10), Achieve Online (GreatSchools Rating 2/10), Nikola Tesla Education Opportunity Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $671 (source: MLS/based on county public records data).
The last sale was on June 4, 1998 for $92,000 (source: MLS/tax record).
The property 1007 Iowa Ave is 852 SqFt (source: MLS/tax record).
The year of construction for 1007 Iowa Ave is 1945.
This home is located at 1007 Iowa Ave in Colorado Springs, CO and zip code 80909 in the Central Colorado Springs neighborhood. This 852 square foot home, which was built in 1945, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $425,000.
Over 77 listings were sold over their listed price in June 2025 in Colorado Springs, CO. In the same period over 126 listings were sold below the listed price and 87 listings were sold for the listed price. The number of listings in Colorado Springs, CO increased by 36.4% between May and June 2025. In June 2025 median list price was $484,906 and the average listing age was 33 days.
From Rocket Homes Real Estate and based on county public records data.