505 W Bijou Street, Colorado Springs, CO 80905

$525,000
3
BD
2
BA
1,838
SqFt

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List Price
$525,000
Status
ACTIVE
Days on Market
83
Price Change
▼ $25,000 1782450648
MLS#
4017568
Style
Traditional
Year Built
1904
Bedrooms
3
Bathrooms
2
Full Baths
1
Living Area
1,838
Lot Size
5,000
Acres
0.11
Subdivision
Parrishs
Neighborhood
Parrishs

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.

Additional Information

Interior Features
Eat-in Kitchen, Smoke Free
Taxes
$1,752
Property Description
Traditional
Zoning
R-2
Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
Heating
Forced Air
Air Conditioning
None
Levels
Two
Roof
Composition
School District
Colorado Springs 11
Elementary School
West
Middle School
West
High School
Coronado

Courtesy of Colorado Homestead Realty . elizabeth-reeder@outlook.com,720-231-8097

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