Updated main level living duplex close to downtown CO Springs! Tucked into a charming, established neighborhood with great rental history! Both units have been updated with vinyl windows, tile flooring, and full kitchen/bath upgrades! 505 is a 2 bed/1 bath property, 503 is a 1 bed/1 bath unit. 505 leased through 3/31/2026. 503 Iowa leased through 10/1/2026. Tenants pay seperate electric/gas, water/sewer on house meter. Furnace replacement 2015, upgraded electrical 2013! Perfect for both new and seasoned investors with opportunity to live on one side and rent out the other! Property is mixed use medium scale zoning, allowing for additional possibilities for the space!
- CO
- Colorado Springs
- 80909
- 505 Iowa Avenue
- MLS# 1431463
- Date Listed12/02/2025
- Bedrooms 3
- Bathrooms 2 Three Quarter baths
- Lot Size 0.17 acres (7,501 sq. ft)
- County El Paso
- Year Built 1956
- Square Feet 1,152 sq. ft
- Price Per Sq. Ft $338.54
Interior Features
- Cooling None
- Heating Forced Air
Exterior / Lot Features
- Roof Shingle
- Lot Size Acres 0.17
- Lot Size SQFT 7,501.03
- Lot Features Level
Financial Considerations
- Tax Amount $1,065
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 1115 Rainier Drive | 4 | 2 | Nov 22, 2025 | $321,000 |
| 1418 E Pikes Peak Avenue | 3 | 2 | Nov 19, 2025 | $444,000 |
| 724 N Foote Avenue | 3 | 2 | Nov 25, 2025 | $340,000 |
| 2360 Condor | 4 | 2 | Nov 25, 2025 | $249,900 |
| 912 N Union Boulevard | 3 | 1 | Nov 25, 2025 | $200,000 |
| 2422 E St Vrain Street | 4 | 4 | Oct 23, 2025 | $369,900 |
| 2318 Patrician Way | 4 | 2 | Nov 25, 2025 | $250,000 |
| 1822 Grant | 4 | 3 | Nov 25, 2025 | $250,000 |
| 1523 Tesla Drive | 4 | 2 | Nov 25, 2025 | $230,000 |
| 1503 Querida Drive | 3 | 1 | Nov 25, 2025 | $159,000 |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 37,038 | 472,599 | 731,953 | 335,858,263 |
| Population Density | 4,682 | 2,408 | 344 | 95 |
| People per Household | 2.3 | 2.5 | 2.6 | 2.6 |
| Median Age | 39 | 37.7 | 37 | 39.1 |
| Median Income | $47,598 | $66,790 | $71,710 | $66,222 |
| Average Income | $27,082 | $35,243 | $35,025 | $35,475 |
| Cost of Living Index | 78 | 90 | 95 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 14.5°F | 14.5°F | 14.5°F | 22.6°F |
| July Avg. High Temp | 84.4°F | 84.4°F | 84.4°F | 86.2°F |
| Annual Precipitation | 17.4" | 17.4" | 17.4" | 38" |
81/100
Very Walkable
Walk Score ®
37/100
Some Transit
Transit Score ®
60/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.Transit Summary
5 nearby routes: 5 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 33/100, Bike Score: 50/100.
Property Change History
Points of Interest near 505 Iowa Avenue, Colorado Springs, CO 80909
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Frequently Asked Questions for 505 Iowa Avenue
Source: Realty.com
505 Iowa Avenue, Colorado Springs, CO 80909 is a Single Family 1,152 sq. ft. home listed for sale. Realty.com has 13 photos available of this 3 bed, 2 bath house, listed at $389,998. View sales and tax history, use our mortgage calculator and more on Realty.com
Realty.com has 13 photos of 505 Iowa Avenue.
Our records indicate that 505 Iowa Avenue was built in 1956.
The full address for this home is 505 Iowa Avenue, Colorado Springs, CO 80909.
505 Iowa Avenue has been listed on Realty.com since Tue December 02, 2025
Most errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 48/100, Transit Score: 33/100, Bike Score: 50/100.
There are 2 schools assigned to this home. Check out the schools near 505 Iowa Avenue. Galileo School Of Math And Science (Grades: 6 - 8), Palmer High School (Grades: 9 - 12)
Listing provided courtesy of:
Byrne Real Estate And Property Management Pllc
(tel: 719-260-9970)
Listing agent:
Angela Byrne
(tel: 719-210-6455)
(#012198)
This content last refreshed on 2025-12-09 18:31:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 505 Iowa Avenue, Colorado Springs, CO 80909 : MLS# 1431463