505 W Bijou Street, Colorado Springs, CO 80905

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

32 Total Photos [Click to View All]

Active Price Reduced by $25,000 on July 28th, 2026
BEDS3 BATHS2 MLS#5847747
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONParrishs

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 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.

505 W Bijou Street | MLS# 5847747

This single family home located at 505 W Bijou Street, Colorado Springs, CO 80905 is currently listed for sale with an asking price of $500,000. This property was built in 1904 and has 3 bedrooms. W Bijou Street is located in the Parrishs subdivision. Search Parrishs real estate on mhensley.thecuttingedgerealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: None
Fireplaces: None
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Composite Shingle
Stories: 2.0
Taxes: $1,752
Year Built: 1904

Feature Descriptions

Appliances: Dishwasher, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven
Basement/Foundation: Crawl Space, Partial Basement
Days on Site: 83
Existing Utilities: Electricity Connected, Natural Gas Connected
Exterior: Stucco
Floor Plan: 2 Story
Garage Type: None
Laundry Facilities: Main, Upper
LotDescription: Mountain View, See Prop Desc Remarks
Sewer: Sewer
Square Footage: 536 (Basement)
View: Mountain
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: MB - Colorado Homestead Realty
Agency Phone: 303-800-1000

Shown By

Agent Name: Michael Hensley
Agent Phone: (719) 439-2309
Agency Title: The Cutting Edge, Realtors

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,754.70 per month $2,462.87 Principal & Interest $146.00 Property Tax $145.83 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Login to My Homefinder

Pixel