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
$475,000
Est. payment /mo
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3 Beds
2 Baths
2,374 SqFt
Active

505 W Bijou Street Colorado Springs, CO 80905

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Tiffany Canady

Tiffany Canady

+1(719) 999-5789

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Price per Sqft $200

MLS Listing ID 5847747

Bedrooms 3

Full Baths 1

Construction Status Existing Home

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Single Family

Source Pikes Peak REALTOR® Services

Land Area 2374

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!

Location

State CO

County El Paso

Rooms

Basement Crawl Space, Partial Basement

Interior

Heating Forced Air

Cooling None

Flooring Tile, Luxury Vinyl

Fireplaces Type None

Furnishings Existing Home

Window Features Vinyl

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

Laundry Main, Upper

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Lot Description Mountain View, See Prop Desc Remarks

Sewer Sewer

Water Municipal

Construction Status Existing Home

Schools

Elementary Schools West

Middle Schools West

High Schools Coronado

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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Tiffany Canady

Tiffany Canady

Lead Agent, Owner | License ID: FA100044819

+1(719) 999-5789

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505 W Bijou Street