505 W Bijou Street, Colorado Springs, CO 80905 (MLS # 7889794)

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PRICE $500,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 2,374 sqft
LOT SIZE 5,001 sqft

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 city's 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 you're 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 today's buyers are searching for.

DAYS ON MARKET 101 LAST UPDATED 7/28/2026
YEAR BUILT 1904 COMMUNITY Parrishs
GARAGE SPACES 4.0 COUNTY El Paso
STATUS Active PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Jun 25, '26 $550,000
Jun 25, '26 - Jul 28, '26 $525,000
Jul 28, '26 - Today $500,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
AREA Parrishs
BASEMENT Crawl Space, Partial
GARAGE Yes
HEAT Forced Air
LOT 5001 sq ft
TAXES 1752
UTILITIES Electricity Connected, Natural Gas Connected, Natural Gas Available
WATER Public
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TOTAL MONTHLY PAYMENT

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Listing provided by: MB - Colorado Homestead Realty, 3038001000
bridgeMLS

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