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3 E Ramona Avenue, Colorado Springs, CO 80905

$599,000
  • 3 E Ramona Avenue, Colorado Springs, CO 80905 Main Photo

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Active
BEDS0 BATHS0.0 MLS#5961283
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONIvywild

Property Description

Rare opportunity in the heart of Colorado Springs’ sought-after Ivywild neighborhood—this mixed-use property offers immediate income with long-term upside. Positioned in a highly walkable, high-demand area near Ivywild School, this unique property features a commercial space on the main level and a private residential unit above, creating the perfect setup for investors or future owner-users. The property is currently tenant-occupied through 2027, providing stable, consistent income from day one—ideal for buyers looking to secure a performing asset in a prime location. The lower level is well-suited for a variety of professional or boutique uses including office, wellness, design, or service-based businesses. Upstairs, the residential space offers flexibility for future use as a personal residence, executive rental, or potential short-term rental (subject to local regulations). Additional highlights include:    •   Prime central location with strong visibility and accessibility    •   Flexible mixed-use potential for future growth    •   Highly desirable live/work configuration    •   Close proximity to dining, shopping, and downtown Colorado Springs Whether you’re looking to expand your portfolio or secure a future live/work space, this property delivers location, income, and versatility in one of the city’s most vibrant neighborhoods. The upper-level apartment has its own private entrance and includes a comfortable living room, dining nook, kitchen, bathroom, bedroom, and a dedicated laundry room. Abundant natural light pours through the large windows, highlighting the wood floors, charming built-ins, and sliding barn door leading into the bedroom. Recent kitchen and bathroom updates enhance the appeal of this character-filled residence.

3 E Ramona Avenue | MLS# 5961283

This multi-family property located at 3 E Ramona Avenue, Colorado Springs, CO 80905 is currently listed for sale with an asking price of $599,000. Search Colorado Springs real estate on nicole.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Mix Use
Lot Size: 0.18 Acres
Roof Type: Composite Shingle
Taxes: $4,439
Year Built: 1910

Feature Descriptions

Appliances: Dishwasher, Microwave Oven, Oven, Refrigerator
Basement/Foundation: Full Basement
Days on Site: 39
Existing Utilities: Electricity Connected, Natural Gas Connected
Exterior: Wood
Laundry Facilities: Electric Hook-up
Units: 1
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: Shevock Real Estate LLC
Agency Phone: 719-425-5654

Shown By

Agent Name: Nicole Vara
Agent Phone: (713) 835-5585
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 3,495.14 per month $2,950.52 Principal & Interest $369.92 Property Tax $174.71 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 12:00:34 AM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Tue 04/21/2026 11:34:26 PM EST) or elevate MLS (last updated Tue 04/21/2026 11:45:15 PM EST) or Pueblo MLS (last updated Tue 04/21/2026 11:44:03 PM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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