Triplex With Separate
For Sale
$550,000
1012 Iowa Avenue, Colorado Springs, CO 80909
Residential Income, Colorado Springs, CO
Property SizeContact for details
Lot Size0.28 Acres
Days on Market57
Property Features for 1012 Iowa Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Fireplace
1
Basement
Full
Elementary school district
Colorado Springs 11
Middle school district
Colorado Springs 11
High school district
Colorado Springs 11
Standard status
Active
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1479
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1941
Roof type
Shingle
Listing Agency:
Action Team Realty
(719) 559-8400
Listed By:
Christopher Morrison
(719) 271-7051
Added: Jul 17
Changed: Aug 19
Last Checked: Sep 11 at 7:06AM
MLS# 8107189
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3-unit residential property is arranged across two fully fenced homes on three lots totaling 0.2812 acres. Separate entrances serve the units, with the primary home offering over 2,000 square feet and the cottage providing approximately 400 square feet. The improvements include forced-air heating, central air conditioning, a fireplace, and shingle roofing. The property was built in 1941.
Located in Colorado Springs, the property is within walking distance of Memorial Hospital and the Olympic Training Center. Off-street parking is included, and the main house is described as capable of being converted back into one unit.
Located in Colorado Springs, the property is within walking distance of Memorial Hospital and the Olympic Training Center. Off-street parking is included, and the main house is described as capable of being converted back into one unit.
Key Highlights
- 3 units with separate entrances
- Two fully fenced homes across three lots
- Main house exceeds 2,000 square feet
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,357
Businesses Nearby
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Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property includes two fenced homes and off-street parking.
Where is this triplex located?
The property is located at 1012 Iowa Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3 units with separate entrances; Two fully fenced homes across three lots; Main house exceeds 2,000 square feet
