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For sale
  • Price cut: $10K (4/23)
    $1,190,000

    120 W Ramona Ave, Colorado Springs, CO 80905

    9beds
    7baths
    6,023sqft
    : 
    Duplex
    Built in 1941
    -- sqft lot
    $-- Zestimate®
    $198/sqft
    $-- HOA

    What's special

    Vaulted ceilingsEight parking spacesOpen concept kitchensTwo garages
    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!
    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#: 6437251MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 120 W Ramona Ave.

    Next available tour time:Today at 11am

    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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