Judy Scott

Broker Associate
License#:

$550,000

505 W Bijou St, Colorado Springs, CO 80905  (Sold on )

  • Price Reduced
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 2 BathBaths
  • 2,374 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 4017568
0 More Schedule

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.

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Property Details

General

  • Subdivision: Parrishs
  • County: El Paso
  • List Date: 05/06/2026
  • Expected Active Date: 05/06/2026
  • DOM: 3
  • Lot SqFt: 5000
  • Beds: 3
  • Baths: 2.00
  • Full Baths: 1
  • ¾ Baths: 1
  • Basement/Foundation: Partial, Unfinished, Crawl Space
  • Year Built: 1904
  • New construction: NO
  • Sq Ft (total): 2374
  • Garage/Parking Spaces: 4
  • Garage Description: Off Street
  • MLS#: 4017568

Interior Features

  • Heating: Forced Air

Exterior Features

  • Construction: Frame, Stucco
  • Roof: Composition
  • Type: Single Family Residence
  • Waterfront: NO

Schools

  • School District: Colorado Springs 11
  • Elementry: West
  • Middle/Jr: West
  • High School: Coronado

Financial Considerations

  • Tax Year: 2025
  • Tax Amount: $1752

Utilities

  • Utilities: Electricity Available
  • Water/Sewer: Public Sewer
  • Water: City
 

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