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$500,000

Est. payment - /mo

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3 Beds

2 Baths

2,374 SqFt

Price Dropped by $25K

505 W Bijou ST Colorado Springs, CO 80905

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Metro Brokers Inc

perri.smith@metrobrokerscorp.com +1(720) 704-0606

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $210

Subdivision Parrishs

MLS Listing ID 4017568

Style Traditional

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,838

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source recolorado

Property Description

House Hack Opportunity – Live in One Unit & Rent the Other! In the Heart of Colorado Springs! Why settle for a single-family home when you can own a property that helps pay for itself? This beautifully remodeled duplex offers the perfect opportunity for owner-occupants, investors, or multi-generational living—all just minutes from Downtown Colorado Springs, Old Colorado City, local hospitals, military bases, and some of the city's best dining, shopping, and entertainment. The main level features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, inviting layout. Upstairs, a fully finished 780-square-foot private apartment includes 1 bedroom, 1 bathroom, its own kitchen, and a separate exterior entrance, creating an ideal space for long-term tenants, mid-term rentals, guests, or extended family. Live comfortably in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your investment potential. With strong demand for rental housing in central Colorado Springs, the possibilities are endless. Washer and dryer hook-ups in both units! Situated on a 5,000-square-foot lot, the property also offers convenient off-street rear parking and two storage sheds for additional storage. Whether you're purchasing your first investment property, looking for a smart house-hack opportunity, or seeking a turnkey duplex in an unbeatable location, this property delivers the flexibility, income potential, and lifestyle that today's buyers are searching for.

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Crawl Space, Partial, Unfinished

Main Level Bedrooms 2

Interior

Interior Features Eat-in Kitchen, Smoke Free

Heating Forced Air

Cooling None

Flooring Tile, Vinyl

Fireplace N

Appliance Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Schools

Elementary Schools West

Middle Schools West

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Colorado Homestead Realty

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Metro Brokers Inc

+1(720) 704-0606

505 W Bijou ST Colorado Springs, CO 80905

Metro Brokers Inc

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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505 W Bijou ST