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Brandon Lecocq

brandon@theridgeline.group +1(719) 413-6610

Listed by Elizabeth Reeder MB - Colorado Homestead Realty

$ 475,000

Est. payment | -/mo

5,000 Sqft Lot

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$ 475,000

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

Year Built 1904

Annual Tax Amount $1,752

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Duplex

Source Pikes Peak REALTOR® Services

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, 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!

Location

State CO

County El Paso

Rooms

Basement Crawl Space, Partial Basement

Interior

Heating Forced Air

Cooling None

Fireplaces Type None

Furnishings Existing

Window Features Vinyl

Appliance Dishwasher, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven

Laundry Electric Hook-up

Exterior

Carport Spaces 4

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 7413114004

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://tours.oatisgreenphotography.com/505-w-bijou-st

Schools and Properties Nearby

At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!

+1(719) 413-6610

brandon@theridgeline.group

1400 16th St, Denver, CO 80202-1470, USA

505 W Bijou Street Colorado Springs, CO 80905