505 W Bijou St, Colorado Springs, CO 80905

• 3 beds |
• 2 baths |
• 1,838 sqft

Property Description

House Hack Opportunity - Live in One Unit & Rent the Other! Why settle for a single-family home when you can own a property that generates income? This beautifully remodeled duplex offers a rare opportunity for owner-occupants, investors, and multi-generational living in one of Colorado Springs' most convenient locations. Just minutes from Downtown Colorado Springs, Old Colorado City, Memorial Hospital, military bases, shopping, dining, and I-25, you'll enjoy both exceptional convenience and long-term investment potential. The main-level residence features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, functional floor plan. Upstairs, a 780-square-foot private apartment offers 1 bedroom, 1 bathroom, a full kitchen, and its own private exterior entrance, making it ideal for a long-term tenant, mid-term rental, guest suite, or private living space for extended family. Live in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your income potential. With strong rental demand in central Colorado Springs, this property offers exceptional flexibility for a variety of investment strategies. Additional features include washer and dryer hookups in both units, off-street rear parking, and two storage sheds, all situated on a 5,000-square-foot lot. Whether you're purchasing your first investment property, taking advantage of a house-hack opportunity, or adding a turnkey duplex to your portfolio, 505 W. Bijou Street delivers the versatility, location, and income potential that today's buyers are looking for. Opportunities to own a move-in-ready duplex with this level of flexibility at this price point are becoming increasingly difficult to find. Take a look today!

Listing Status:

Active

Data Last Updated:

August 20, 2026 at 12:24PM

Listing Office:

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

Listing Agent:

Elizabeth Reeder : 720-231-8097

Contact:

elizabeth-reeder@outlook.com,720-231-8097

MLS ID:

8860481

Interior

• Appliances: Self Cleaning OvenDishwasherRefrigeratorMicrowaveFire Alarm
• Basement: PartialUnfinishedCrawl Space
• Heating: Forced Air

Exterior

• Other Structures: Patio
• Parking: Off StreetParking spaces: 4

Construction

• Roofing: Composition
• General: FrameStuccoTwo

Location

• Originating MLS: ires
• School District: Colorado Springs 11
• County: El Paso

Lot

• Zoning: R-2

Utilities

• Utilities: Electricity AvailableMaster Meter-GasSeparate Meter Electricity
• Water: City
• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Staging and personal property.