411 Olive Street, Colorado Springs, CO 80904 (MLS # 2761177)

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PRICE $629,000 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 1,521 sqft
LOT SIZE 5,302 sqft

An exceptional opportunity for investors, house hackers, first-time buyers, or anyone looking for a home that can help offset the cost of ownership! Located in Colorado Springs' desirable Westside, this unique property is currently operating as a short-term and mid-term rental and is configured as two separate living spaces. The main level features 2 bedrooms, a full bathroom, comfortable living space, updated kitchen with stone countertops, laundry, and access to the covered deck and backyard. Downstairs, the fully finished walkout basement offers 2 additional bedrooms, a 3/4 bathroom, second kitchen, living room, laundry, and separate exterior access"”creating excellent flexibility for guests, extended family, or continued rental use. For buyers looking to get into homeownership, the layout creates a compelling option to live in one portion of the home while renting the other to generate additional income and potentially offset monthly housing expenses. Investors can continue utilizing both spaces as income-producing rentals, offering multiple ways to make the property work for your goals. Just minutes from historic Old Colorado City and Downtown Colorado Springs, enjoy convenient access to restaurants, local shops, breweries, galleries, entertainment, and year-round events. Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Colorado College, and abundant outdoor recreation are also within easy reach. Both units are currently being utilized as rentals, with stays commonly extending approximately one month at a time. A professional STR competitive analysis is available for buyers interested in exploring the property's income potential. The seller is also open to including furnishings depending on the offer. This Westside home offers a rare combination of versatility, location, and existing rental use.

DAYS ON MARKET 4 LAST UPDATED 9/9/2026
YEAR BUILT 1948 COMMUNITY West Colorado Springs
COUNTY El Paso STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
AREA West Colorado Springs
BASEMENT Finished, Full, Partially Finished, Walk-Out Access, Yes
HEAT Forced Air
LOT 5301 sq ft
LOT DESCRIPTION Near Public Transit, Wooded
PARKING Paved, Driveway, None
STYLE Ranch
TAXES 1400.12
UTILITIES Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
VIEW Yes
VIEW DESCRIPTION City, Mountain(s)
WATER Public
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Listing provided by: Mont Haus International Realty, 9702921800
bridgeMLS

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