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221 E Iowa Ave, Fountain, CO, 80817

2beds
1baths
3,600sqft
$849,000
$236price/sqft
$5,160/moest. monthly cost
$206,400/yrincome needed

About This Home

Two triplex buildings situated on large grassy lot just east of downtown Fountain with easy access to I-25, Highway 85/87, schools, shopping, and dining. Each unit has a private entrance, 2 bedrooms and 1 bathroom, efficiency kitchen with full-size stove and refrigerator. One unit has a stackable washer/dryer. Each unit has its own furnace and water heater. Off-street gravel parking in from of each building. One water meter serves the entire complex; on older leases, tenants pay for water/sewer; on newer leases, cost has been included in rental price. Each unit is separately metered for electricity and natural gas.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
Aragon Elementary SchoolGrades PK-50.2 mi
5/10
Fountain Middle SchoolGrades 6-80.4 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 1942

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: Alum/Vinyl/Steel,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: 220v in Kitchen,Oven,Range,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Parcel number: 5605305033

Lot

  • Lot size: 0.31 Acres

Parking

  • Total spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Hail
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,293$51,516
Home Insurance *$278$3,336
Property Taxes $318$3,816
Electricity $271$3,261
Total$5,160$61,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$176,914/yr
40% on housing$154,800/yr
45% on housing$137,600/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 80817$179
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80817
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-23Listed for sale$849,000
2023-11-30Listing removed--
2023-11-03Price change$1,100
2023-10-12Listed for rent$1,150
2023-04-25Listing removed--
2023-04-15Listed for rent$999
2021-10-04Listing removed--
2021-09-22Listed for rent$890
2018-06-08Listing removed$675
2018-06-07Listed for rent$675
2016-03-05Listing removed$575
2016-03-03Listed for rent$575
2013-08-09Listing removed$137,500
2013-08-01Listed for sale$137,500

For Sale by Agent

AgentTodd Adams
BrokerageVIP Property Management

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