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Kevin Risen

kevin@axenrealty.com +1(720) 277-1452

$ 475,000

Est. payment -/mo

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Pending

505 W Bijou ST Colorado Springs, CO 80905

3 Beds

2 Baths

1,838 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,838 sqft

Price per Sqft $258

Subdivision Parrishs

MLS Listing ID 8860481

Style Traditional

Bedrooms 3

HOA Y/N No

Year Built 1904

Lot Size 5,000 Sqft

Acres 0.11

Property Sub-Type Duplex

Property Description

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!

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Crawl Space, Partial, Unfinished

Interior

Interior Features Smoke Free

Heating Forced Air

Cooling None

Flooring Tile, Vinyl

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

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public

Roof Type Composition

Porch Covered, Front Porch

Private Pool No

Building

Story Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11

Others

Senior Community No

Tax ID 74131-14-004

Special Listing Condition None Known

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Listed byColorado Homestead Realty

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