505 W Bijou Street, Colorado Springs, CO, 80905

Aerial View

Front of Structure

Off street parking in back

Lower unit kitchen and dining room

Kitchen

Sitting Room

Bathroom

Bedroom

Bathroom

Kitchen

Lower unit family room

Kitchen

Entry

Bedroom

Entry

Other

Bedroom

Other

Back of Structure

Aerial View

Floor Plan

Image Count: 32

$475,000

Highlights
Single Family
3 bd | 2 ba | 2,374 sqft
505 W Bijou Street, Colorado Springs, CO, 80905 listed by Elizabeth Reeder
Active
MLS#: 5847747
Tour #1
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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, 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!

Property Listed By

Elizabeth Reeder
7908-132-027
219530623

MB - Colorado Homestead Realty
0001-008-303
00000929

Property Details

General Features

Property: Single Family, 2 Story
Year Built: 1904
List Price: $475,000
County: El Paso
School District: Colorado Springs 11

Rooms

Bedrooms: 3
Baths: 1 full bath; 1 3/4 bath;
Laundry: Main, Upper

Structure

Foundation: Crawl Space, Partial Basement
Heating: Forced Air
Total SqFt: 2,374
Finished SqFt: 1,838
Basement SqFt: 536
Construction Status: Existing Home
Siding: Stucco
Structure: Framed on Lot

Features

Appliances: Dishwasher, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven
Floors: Tile
Laundry: Main, Upper

Taxes, Utilities, Lot

Tax: $1,752
Lot Size: 0.11 Acres, 5,000 SqFt
Lot Description: Mountain View
Existing Utilities: Electricity Connected, Natural Gas Connected
Existing Water: Municipal

Community

Additional Information

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