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Sam Abbe

sam@happyhouse.llc +1(719) 308-0282

$ 550,000

Est. payment | -/mo

5,000 Sqft Lot

Save Virtual Tour

$ 550,000

Est. payment | -/mo

Save Virtual Tour

5,000 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7889794

Construction Status Existing

HOA Y/N No

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 5,000 Sqft

Property Sub-Type Duplex

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.

Location

State CO

County El Paso

Area Parrishs

Interior

Cooling None

Fireplaces Number 1

Fireplaces Type None

Laundry Electric Hook-up

Exterior

Garage Spaces 4.0

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Foundation Crawl Space, Partial Basement

Water Municipal

Structure Type Framed on Lot

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Not Applicable

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Unit 1

Sqft 1058

Beds 2

Baths 1

Rent Price 1800

Occupied N

Furnished N

Unit 2

Sqft 780

Beds 1

Baths 1

Rent Price 1300

Occupied N

Furnished N

Listed by MB - Colorado Homestead Realty

Schools and Properties Nearby

Sam Abbe

REALTOR®

+1(719) 308-0282 | sam@happyhouse.llc

505 W Bijou ST Colorado Springs, CO 80905

Sam Abbe

Key Details

Location

Interior

Exterior

Building

Schools

Others

Unit 1

Unit 2

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505 W Bijou ST