505 W Bijou Street, Colorado Springs, CO 80905
- $525,000
- 3
- BD
- 2
- BA
- 1,838
- SqFt
Courtesy of Colorado Homestead Realty . elizabeth-reeder@outlook.com,720-231-8097
- List Price
- $525,000
- Price Change
- ▼ $25,000 1782450648
- Type
- Multifamily
- Property Sub Type
- Duplex
- Status
- ACTIVE
- MLS Number
- 8860481
- Architectural Style
- Traditional
- Structural Style
- Traditional
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft Total
- 1,838
- Neighborhood
- Parrishs
- Year Built
- 1904
Property Description
Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.
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Additional Information
- Lot Size Acres
- 0.11
- Lot Size Sq Ft
- 5,000
- Tax Amount
- $1,205
- Tax Year
- 2024
- Sewer
- Public Sewer
- Flooring
- Tile, Vinyl
- Basement Type
- Crawl Space, Partial, Unfinished
- Heating
- Forced Air
- Cooling
- None
- School District
- Colorado Springs 11
- Elementary School
- West
- Middle Or Junior School
- West
- High School
- Coronado
- Parking Total Searchable
- 4
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