About This Home

This 6-bedroom, 6-bathroom single family at 197 True Avenue in Poncha Springs, CO is listed for $889,000 ($317 per sqft). Built in 2023, the home offers 2,808 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 2023
  • 0.11 acre lot
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
2 full, 2 half
1-car garage
2023
Listing 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.

Monthly Cost Estimate

$4,755/mo

20% down · 6.5% · 30 years

Principal$643
Interest$3,852
Insurance$259

Estimates only. Actual payments may vary.

Location

197 True Avenue

Poncha Springs, CO 81242

Features & Amenities

Interior Features

Ceiling Fan(s)Kitchen IslandOpen FloorplanQuartz Counters

Exterior Features

Balcony

Property Details

Flooring

CarpetConcrete

Construction

Frame Stucco

Outdoor Features

Porch

Heating

BaseboardRadiant

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 6-bedroom, 6-bathroom single family at 197 True Avenue is listed at $889,000 ($317/sqft). The estimated monthly payment is $4,754 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 0.11 acre lot, 2 stories, 1 parking spaces. Interior Features: Ceiling Fan(s), Kitchen Island, Open Floorplan. Exterior Features: Balcony.

This property is listed by Stacy Lowe.

SL

Stacy Lowe

Agent at Pinon Real Estate Group

Listed by Pinon Real Estate Group · Broker phone: (719) 539-0200 · View on Broker Site · Broker website

MLS# 6643166· Source: ROCC/REcolorado· 106 days on PropertySimple

Copyright © 2026 ROCC/REcolorado. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

197 True Avenue, Poncha Springs, CO 81242

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