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197 True Avenue

Poncha Springs, CO 81242
  • $889,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 6643166
UPDATED: 62 min ago
$889,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 2,808
    SQFT
  • $317
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Pinon Real Estate Group LLC.

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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Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-08-19T07:23:56.03 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.citysummitgroup.com/homes/178865734
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197 True Avenue Poncha Springs, CO 81242

  • Price: $889,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 62 min ago
  • ID#: 6643166
6
Beds
4
Baths
2
½ Baths
0.11
Acres
2,808
SQFT
$317
$/SQFT
2023
Built
Neighborhood:
None
County:
Chaffee
Area:
Poncha Springs
Elementary School:
Longfellow
Middle School:
Salida
High School:
Salida
School District:
Salida R-32
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.
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Carport Spaces 0 Construction Materials FrameStucco Exterior Features Balcony Horse YN No Lot Features Level Lot Size Area 0.11 Offstreet Spaces 0 Parking Features Unpaved Parking Total 1 Patio And Porch Features CoveredFront Porch Roof Composition Rv Spaces 0 Structure Type Duplex Vegetation Natural StateXeriscaping

Interior Features

Above Grade Finished Area 2808 Appliances DishwasherDryerMicrowaveRangeRefrigeratorWasher Basement YN No Common Walls 1 Common Wall Cooling None Fireplaces Total 0 Flooring CarpetConcrete Heating BaseboardRadiant Interior Features Ceiling Fan(s)Kitchen IslandOpen FloorplanQuartz Counters Levels Two Main Level Bathrooms 2 Main Level Bedrooms 0 Rooms Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bedroom (Upper Level) Bathroom Half (Main Level) Bathroom Half (Main Level) Bathroom Three Quarter (Upper Level) Bathroom Three Quarter (Upper Level) Bathroom Full (Upper Level) Bathroom Full (Upper Level) Kitchen (Main Level) Kitchen (Main Level) Laundry (Main Level) Laundry (Main Level) Living Room (Main Level) Living Room (Main Level) Dining Room (Main Level) Dining Rooms Total 20

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Direction Faces North Exclusions Seller and Tenant's personal property Furnished Unfurnished Home Warranty YN No Lease Expiration 2026-12-31 Lease Term Long Term Listing Terms 1031 ExchangeCashConventional Living Area Sq Ft 2808 Multiple Associations YN No Ownership Corporation/Trust Possession Closing/DOD Property Attached YN Yes Property Sub Type Single Family Residence Restrictions Covenants YN No School Of Choice YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2222 Tax Legal Description LOT A LAROCHELLE MINOR SUBDIVISION PLAT 436705 PS81 REC 486320 488337 493832 Tax Year 2025 Utilities Electricity ConnectedNatural Gas Connected Water Included YN Yes Zoning Residential

REcolorado logoListing courtesy of REcolorado as distributed by MLS GRID.
Listing courtesy of Pinon Real Estate Group LLC:slowe@PinonRealEstate.com. MLS #6643166


Digital Millennium Copyright Act

Based on information submitted to the MLS GRID as of 2026-08-19T07:23:56.03 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

REcolorado logo © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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City and Summit Group | Coldwell Banker Global Luxury Real Estate
201 Columbine Street, Suite 200
Denver CO, 80206
REcolorado logo Offered by Pinon Real Estate Group LLC.