505 W Bijou Street, Colorado Springs, CO 80905

$500,000
  • 505 W Bijou Street, Colorado Springs, CO 80905 Main Photo

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Active Price Reduced by $25,000 on July 28th, 2026
BEDS3 BATHS2 SQUARE FEET2,374 MLS#8860481
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONParrishs SCHOOLColorado Springs 11

Listing Courtesy of: Colorado Homestead Realty
Agency Contact: elizabeth-reeder@outlook.com,720-231-8097
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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 citys 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 youre 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 todays buyers are searching for.

505 W Bijou Street | MLS# 8860481

This multi-family property located at 505 W Bijou Street, Colorado Springs, CO 80905 is currently listed for sale with an asking price of $500,000. W Bijou Street is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.cosmilitaryhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space, Partial, Unfinished
Cooling: None
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,205
Year Built: 1904

Amenities

Smoke Free

Feature Descriptions

Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
Baths Total: 2
Days on Site: 82
Exclusions: Staging and personal property.
Exterior: Frame, Stucco
Flooring: Tile, Vinyl
Parcel#: 74131-14-004
Patio/Porch: Covered, Front Porch
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water: Public

Local Schools

High School: Coronado
Middle School: West
Elementary School: West
School District: Colorado Springs 11

Listed By / Shown By

Listed By

Agency Name: Colorado Homestead Realty
Agency Contact: elizabeth-reeder@outlook.com,720-231-8097

Shown By

Agent Name: Colorado Springs Military Homes
Agent Phone: (719) 332-0433
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 2,709.12 per month $2,462.87 Principal & Interest $100.42 Property Tax $145.83 Homeowner's Insurance

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