505 W Bijou Street, Colorado Springs, CO 80905
505 W Bijou Street, Colorado Springs, CO 80905
505 W Bijou Street, Colorado Springs, CO 80905
32
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Listed by Elizabeth Reeder MB - Colorado Homestead Realty
$500,000
Est. payment /mo
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5,000 Sqft Lot
Active

505 W Bijou Street Colorado Springs, CO 80905

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Metro Brokers Inc

Metro Brokers Inc

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7889794

Construction Status Existing

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Duplex

Source Pikes Peak REALTOR® Services

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

Rooms

Basement Crawl Space, Partial Basement

Interior

Heating Forced Air

Cooling None

Fireplaces Type None

Furnishings Existing

Window Features Vinyl

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

Laundry Electric Hook-up

Exterior

Garage Spaces 4.0

Carport Spaces 4

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 7413114004

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Metro Brokers Inc

Metro Brokers Inc

+1(720) 704-0606

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505 W Bijou Street