BEDS3
BATHS2 full
SQUARE FEET2,374
MLS#4017568
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONParrishs
SCHOOLColorado Springs 11
Listing Courtesy of:
Colorado Homestead Realty
Agency Contact: elizabeth-reeder@outlook.com,720-231-8097
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 citys 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 thats hard to find in this central location. Whether youre 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.
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space, Partial, Unfinished
Cooling: None
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,752
Year Built: 1904
Amenities
Eat-in Kitchen
Smoke Free
Feature Descriptions
Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
Baths 3/4: 1
Baths Full: 1
Baths Half: 0
Baths Total: 2
Days on Site: 10
Exclusions: Staging and personal property.
Exterior: Frame, Stucco
Flooring: Tile, Vinyl
Parcel#: 74131-14-004
Patio/Porch: Covered, Front Porch
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Window: Double Pane Windows
Local Schools
High School: Coronado
Middle School: West
Elementary School: West
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: Colorado Homestead Realty
Agency Contact: elizabeth-reeder@outlook.com,720-231-8097
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimate Your Payment
Estimated Payment
$ 3,015.57 per month $2,709.16 Principal & Interest $146.00 Property Tax $160.42 Homeowner's Insurance
505 W Bijou Street | MLS# 4017568
This single family home located at 505 W Bijou Street , Colorado Springs, CO 80905 is currently listed for sale with an asking price of $550,000. This property was built in 1904 and has 3 bedrooms and 2 full baths with 2374 sq. ft. W Bijou Street is located in the Parrishs subdivision within the Colorado Springs 11 school district. Search Parrishs real estate on www.thecuttingedgerealtors.com today.