LKV Realty
Logo
$500,000
$2,900Reward *
505 W Bijou Street, Colorado Springs, CO 80905Listing ID 4017568

505 W Bijou Street, Colorado Springs, CO 80905

Active
Parrishs
Time on site: 103 daysLast updated: Jul 28, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,374
Acres
Acres
0.11
Days on Site
Days on Site
102
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1904

House Hack Opportunity – Live in One Unit & Rent the Other! In the Heart of Colorado Springs! Why settle for a single-family home when you can own a property that helps pay for itself? This beautifully remodeled duplex offers the perfect opportunity for owner-occupants, investors, or multi-generational living—all just minutes from Downtown Colorado Springs, Old Colorado City, local hospitals, military bases, and some of the city's best dining, shopping, and entertainment. The main level features 1,058 square feet with 2 bedrooms and 1 bathroom, showcasing modern finishes, updated fixtures, and a bright, inviting layout. Upstairs, a fully finished 780-square-foot private apartment includes 1 bedroom, 1 bathroom, its own kitchen, and a separate exterior entrance, creating an ideal space for long-term tenants, mid-term rentals, guests, or extended family. Live comfortably in one unit while renting the other to help offset your monthly mortgage payment, or lease both units to maximize your investment potential. With strong demand for rental housing in central Colorado Springs, the possibilities are endless. Washer and dryer hook-ups in both units! Situated on a 5,000-square-foot lot, the property also offers convenient off-street rear parking and two storage sheds for additional storage. Whether you're purchasing your first investment property, looking for a smart house-hack opportunity, or seeking a turnkey duplex in an unbeatable location, this property delivers the flexibility, income potential, and lifestyle that today's buyers are searching for.

Property Information

Property Details

Location

Address
505 W Bijou Street
County
El Paso
City
Colorado Springs
Zip Code
80905
Subdivision
Parrishs
School District
Colorado Springs 11
High School
Coronado
Elementary School
West

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
2
Full Bathrooms
1
3/4 Bathrooms
1

Building

Building Information

Square Feet
2,374
Year Built
1904
Construction
Frame, Stucco
Roof
Composition
Condition
Updated/Remodeled

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$1,752
Tax Year
2025
Colorado Homestead Realty, (303) 800-1000

Market Report for 80905

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: REColorado
REColorado logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 11:51 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

REC057404