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197 True Avenue, Poncha Springs, CO 81242 ( Sold on )

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 $889,000

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  • 6 BedBeds
  • 6 BathBaths
  • 2,808 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 6643166

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Property Description

Exceptional investment opportunity with this well-maintained duplex offering two attached units being sold together. With a total of 2,808 square feet (1,404 square feet per unit), this property provides immediate rental income, with each unit currently generating $2,200 per month. Each unit features an identical floor plan (mirror image layout) designed for comfortable everyday living. The main level offers an open-concept kitchen, dining, and living area with durable concrete floors, efficient in-floor radiant heat, a convenient half bath, laundry area, quartz countertops, and an attached one-car garage. Enjoy outdoor living from the covered front porch, perfect for relaxing year-round. Upstairs, each unit includes three bedrooms, including a spacious primary suite complete with a private bath and its own balcony. Two additional bedrooms and a full guest bath provide ample space for family, guests, or a home office. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the other, this property offers flexibility, strong income potential, and a desirable layout. An excellent opportunity for investors and owner-occupants alike.

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Property Details - 197 True Avenue, Poncha Springs, CO 81242

General

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • List Date: 07/15/2026
  • Year Built: 2023
  • Subdivision: none
  • County: Chaffee
  • Beds: 6
  • Full Bath: 2
  • Half Bath: 2
  • Total Baths: 6
  • Annual Tax Amount: $2,222.00
  • Tax Year: 2025

Interior Features

  • Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters
  • Flooring: Carpet, Concrete
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: Balcony
  • Parking: Unpaved
  • Garage Spaces: 1.00

Structure

  • Construction: Frame, Stucco
  • Roof: Composition

Size & Lot

  • Total Sq.Ft: 2,808
  • Acres: 0.11
  • Lot Size Sq.Ft.: 4,791
  • Lot Features: Level

Utilities

  • Heat Sources: Baseboard, Radiant
  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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