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505 W Bijou Street

Colorado Springs, CO 80905
  • $550,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: 7889794
UPDATED: 31 min ago
$550,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of MB - Colorado Homestead Realty: 303-800-1000.

Description

Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-05-18T13:40:57.907.
www.tommydalyhometeam.com/homes/176191089
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505 W Bijou Street Colorado Springs, CO 80905

  • Price: $550,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 31 min ago
  • ID#: 7889794
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1904
Built
Neighborhood:
Parrishs
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor.
Exterior Features

Foundation Details Crawl SpacePartial Basement Lot Size 5000.0000 Lot Size Units SqFt Parking Spaces Number Of 4 Roof Composite Shingle Siding Stucco Structure Framed on Lot

Interior Features

Appliances DishwasherMicrowave OvenOvenRangeRefrigeratorSelf Cleaning Oven Cooling None Fireplace Description None Heating Forced Air Laundry Facilities Electric Hook-up Unit Total Baths 2 Unit Total Beds 3

Property Features

Earnest Money 6000 Income Property Sub Type Duplex Notices Not Applicable Tax Amount 1752.00 Tax Year 2025 Terms CashConventionalFHAVA Unit Count 2 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. 2026-05-18T13:40:57.907.
 
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Tommy Daly Home Team with Re/Max Properties inc.
2630 Tenderfoot Hill St.
Colorado Springs CO, 80906
Pikes Peak Multiple Listing Service logo Listing provided courtesy of MB - Colorado Homestead Realty: 303-800-1000.
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