505 W Bijou, Colorado Springs, CO 80905
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505 W Bijou, Colorado Springs, CO 80905
505 W Bijou, Colorado Springs, CO 80905
505 W Bijou, Colorado Springs, CO 80905
505 W Bijou, Colorado Springs, CO 80905
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$ 475,000
Est. payment /mo
Active

505 W Bijou Colorado Springs, CO 80905

3 Beds

2 Baths

2,374 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,374 sqft

Subdivision Parrishs

MLS Listing ID IRE4017568

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source ires

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, 505 W. Bijou Street 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

Community Parrishs

Area Out Of Area

Zoning R-2

Rooms

Family Room 1

Basement Partial, Unfinished, Crawl Space

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Fire Alarm

Exterior

Parking Features Off Street

Garage Spaces 4.0

Utilities Available Electricity Available

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Outbuildings

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Frame,Stucco

New Construction false

Schools

Elementary Schools West

Middle Schools West

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Special Listing Condition Private Owner

Virtual Tour https://tours.oatisgreenphotography.com/505-w-bijou-st


Information and Real Estate Services (IRES)
Listed by Elizabeth Reeder

Nearby Locations

Maria Scott
Maria Scott

Realtor/Team Lead | License ID: 100092411

+1(303) 356-3581 | mariascott@epique.me

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505 W Bijou