LKV Realty
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$889,000
$4,400Reward *
197 True Avenue, Poncha Springs, CO 81242Listing ID 6643166

197 True Avenue, Poncha Springs, CO 81242

Active
Time on site: 27 daysLast updated: Jul 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
6
Square Feet
Square Feet
2,808
Acres
Acres
0.11
Days on Site
Days on Site
26
Cooling
Cooling
None
Heating
Heating
Baseboard, Radiant
Year Built
Year Built
2023
Garages
Garages
1
Parking
Parking
Unpaved

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.

Property Information

Property Details

Location

Address
197 True Avenue
County
Chaffee
City
Poncha Springs
Zip Code
81242
School District
Salida R-32
High School
Salida
Elementary School
Longfellow

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
2
3/4 Bathrooms
2

Building

Building Information

Square Feet
2,808
Year Built
2023
Construction
Frame, Stucco
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,222
Tax Year
2025
Pinon Real Estate Group LLC, (719) 539-0200

Market Report for 81242

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: REColorado
REColorado logo

Based on information submitted to the MLS GRID as of 11 Aug 2026, 09:43 AM 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

REC55040385