120 W Ramona Avenue
Colorado Springs, CO 80905
- 9 beds
- 7 baths
- 5,739 sqft
- 12,110 sqft lot
- $209 per sqft
- 1941 build
- – on site
OPEN HOUSE on Saturday, March 29 from 11am-2pm. 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. Seller was renting to midterm guests at $3500/mo per unit. 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!
Last checked:
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Last updated Mar 29, 2025
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MLS# 6597045 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1941
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Construction Materials:Frame, Stucco
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Structure Type:Duplex
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Roof:Composition
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Basement:true
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Levels:Two
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Building Area Total:6023
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Building Area Source:Public Records
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Above Grade Finished Area:3807
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Below Grade Finished Area:1932
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Property Attached:false
Interior
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Laundry Features:In Unit
Room Dimensions
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Living Area:5739
Location
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Latitude:38.80976718
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Longitude:-104.82996324
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:64302-04-004
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Property Condition:Updated/Remodeled
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Zoning:R2
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Lot Size Area:12110
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Lot Size Acres:0.28
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Lot Size SqFt:12110
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Lot Size Units:Square Feet
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Exclusions:Seller personal property
Listing Agent
- Contact info:
- Agent phone:
- (508) 221-2524
- Office phone:
- (720) 665-7922
Taxes
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Tax Year:2024
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Tax Annual Amount:2784
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Tax Legal Description:E 48.5 FT OF LOT 5, W 21.5 FT OF LOT 6 BLK 1 IVYWILD ADD 1
Beds
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Bedrooms Total:9
Baths
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Total Baths:7
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Schools
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Elementary School:Broadmoor
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Elementary School District:Cheyenne Mountain 12
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Middle Or Junior School:Cheyenne Mountain
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Middle Or Junior School District:Cheyenne Mountain 12
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High School:Cheyenne Mountain
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High School District:Cheyenne Mountain 12
The Community
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Subdivision Name:Ivywild
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Senior Community:false
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Association:false
Parking
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Parking Total:2
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Attached Garage:true
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Garage Spaces:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
