Bought with Non Member Non Member
$475,000
$475,000
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505 W Bijou Street Colorado Springs, CO 80905
5,000 Sqft Lot
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7889794
Sold Date 09/28/26
Construction Status Existing
Year Built 1904
Annual Tax Amount $1,752
Tax Year 2025
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Duplex
Source Pikes Peak REALTOR® Services
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
Fireplaces Type None
Furnishings Existing
Window Features Vinyl
Appliance Dishwasher, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven
Laundry Electric Hook-up
Exterior
Carport Spaces 4
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Sewer Sewer
Water Municipal
Construction Status Existing
Schools
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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