505 W Bijou Street, Colorado Springs, CO 80905
Local realty services provided by:CENTURY 21 CapRock Real Estate
Listed by: elizabeth reeder
Office: colorado homestead realty
MLS#:4017568
Source:ML
Price summary
- Price:$475,000
- Price per sq. ft.:$200.08
About this home
House Hack Opportunity – Live in One Unit & Rent the Other! Why settle for a single-family home when you can own a property that generates income? This beautifully remodeled duplex offers a rare opportunity for owner-occupants, investors, and multi-generational living in one of Colorado Springs' most convenient locations. Just minutes from Downtown Colorado Springs, Old Colorado City, Memorial Hospital, military bases, shopping, dining, and I-25, you'll enjoy both exceptional convenience and long-term investment potential. The main-level residence features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, functional floor plan. Upstairs, a 780-square-foot private apartment offers 1 bedroom, 1 bathroom, a full kitchen, and its own private exterior entrance, making it ideal for a long-term tenant, mid-term rental, guest suite, or private living space for extended family. Live in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your income potential. With strong rental demand in central Colorado Springs, this property offers exceptional flexibility for a variety of investment strategies. Additional features include washer and dryer hookups in both units, off-street rear parking, and two storage sheds, all situated on a 5,000-square-foot lot. Whether you're purchasing your first investment property, taking advantage of a house-hack opportunity, or adding a turnkey duplex to your portfolio, 505 W. Bijou Street delivers the versatility, location, and income potential that today's buyers are looking for. Opportunities to own a move-in-ready duplex with this level of flexibility at this price point are becoming increasingly difficult to find. Take a look today!...
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Home facts
- Year built:1904
- Subdivision & Development:Parrishs
- Listing ID #:4017568
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Tile, Vinyl
- Kitchen Description:Dishwasher, Eat-in Kitchen, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Basement Description:Crawl Space, Partial, Unfinished
- Living area:2,374 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:2,374 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Traditional
- Construction Materials:Frame, Stucco
- Exterior Features:Covered, Front Porch
- Levels:2 Story
Schools
- High school:Coronado
- Middle school:West
- Elementary school:West
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$200.08
- Tax amount:$1,752 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector(s), Double Pane Windows, Smoke Detector(s)
Parking
- Total parking spaces:4
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