Don't miss your chance to own a coveted investment opportunity in the Ivywild neighborhood of Colorado Springs! Currently used as a short term rental, this 9-bedroom, 7-bathroom duplex offers multiple rental strategies including midterm, long-term, or short-term rental / house hack options. Unit A is 5bds, 3 baths, 3,039sqft, and was fully renovated in 2021. Unit B is 4bds, 3.5 baths, 2,984sqft and newly built in 2021. Both units have open concept kitchens and vaulted ceilings. The property includes two garages and eight parking spaces, providing ample room for tenants or guests. Conveniently located just 8 minutes to downtown Colorado Springs, 7 minutes to The Broadmoor, and 12 minutes to Garden of the Gods. This is a rare opportunity to secure a turn-key, high-income investment property in a prime location!
For sale
Price cut: $10K (4/23)
$1,190,000
120 W Ramona Ave, Colorado Springs, CO 80905
9beds
7baths
6,023sqft
Est.:
Duplex
Built in 1941
-- sqft lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
Vaulted ceilingsEight parking spacesOpen concept kitchensTwo garages
- 25 days
- on Zillow |
- 468 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 06:57am
Listed by:
Peter Hu 720-212-5893,
Good Neighbor LLC
Source: Pikes Peak MLS,MLS#: 6437251

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
- Laundry: Electric Hook-up
Features
- Basement: Full
Interior area
- Total interior livable area: 6,023 sqft
Property
Parking
- Total spaces: 2
Lot
- Size: 0.28 Acres
Details
- Parcel number: 6430204004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stucco
- Roof: Composite Shingle
Condition
- Year built: 1941
Utilities & green energy
- Water: Municipal
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $785,420
- Annual tax amount: $2,784
- Date on market: 4/8/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
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