505 W Bijou Street, Colorado Springs, CO, 80905

Front of Structure

Aerial View

Other

Kitchen

Sitting Room

Entry

Bedroom

Bathroom

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Entry

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Bedroom

Kitchen

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Bathroom

Back of Structure

Yard

Aerial View

Floor Plan

Image Count: 32

$550,000

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

Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.

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: $550,000
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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