197 True Avenue, Poncha Springs, CO

$889,000

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6

Beds

6

Baths

2,808

Square feet

0.11

Acres

About 197 True Avenue

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.

Features of 197 True Avenue

MLS® # 6643166
Price $889,000
Bedrooms 6
Bathrooms 6.00
Full Baths 2
Half Baths 2
Square Footage 2,808
Acres 0.11
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 197 True Avenue
Subdivision none
City Poncha Springs
County Chaffee
State CO
Zip Code 81242

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking Spaces 1
Parking Unpaved
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating Baseboard, Radiant
Cooling None
Fireplace No
Stories Two

Exterior

Exterior Features Balcony
Lot Description Level
Roof Composition

School Information

District Salida R-32
Elementary Longfellow
Middle Salida
High Salida

Additional Information

Date Listed July 15th, 2026
Zoning Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePinon Real Estate Group LLC
Contact Infoslowe@PinonRealEstate.com

Listing Map

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