Listing provided courtesy of Colorado Homestead Realtyas Distributed by MLSGrid- MLS# 4017568MLS Provider

505 W Bijou StreetColorado Springs, CO 80905

Single Family · 3 Beds · 1 Full Bath · 1 Three Quarter Bath · 2,374 Sq. ft. | 0.11 Acres
$525,000 Active

505 W Bijou Street Overview

Time on Site:
54 days
Visits:
0

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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505 W Bijou Street Facts & Features

  • Type Single Family
  • Sq. ft. 2,374
  • Price/Sq.ft. $221
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Colorado Springs 11
  • Elementary School: West
  • Middle Or Junior School: West
  • High School: Coronado

Building Information

  • Year Built: 1904

Location/Region

  • Country: US
  • County Or Parish: El Paso
  • Subdivision Name: Parrishs

Tax Information

  • Tax Annual Amount: 1752
  • Tax Year: 2025

General Information

  • Exclusions: Staging and personal property.
  • Listing Terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
  • Ownership: Individual
  • Parcel Number: 74131-14-004
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: None
  • Zoning: R-2

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Above Grade Finished Area: 1838
  • Below Grade Finished Area: 0
  • Building Area Source: Public Records
  • Building Area Total: 2374

General Information

  • Appliances: Dishwasher,Microwave,Oven,Range,Refrigerator,Self Cleaning Oven
  • Cooling: None
  • Flooring: Tile,Vinyl
  • Heating: Forced Air
  • Interior Features: Eat-in Kitchen,Smoke Free
  • Levels: Two
  • Living Area: 1838
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Total: 4

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 5000
  • Lot Size Square Feet: 5000
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: false
  • Construction Materials: Frame,Stucco
  • Patio And Porch Features: Covered,Front Porch
  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Family Room

  • Level: Main

Room: Kitchen

  • Level: Main

Room: Laundry

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Upper

Room: Bedroom

  • Level: Upper

Room: Family Room

  • Level: Upper

Room: Kitchen

  • Level: Upper

505 W Bijou Street Neighborhood

Community

80905 (Colorado Springs) Demographics

36
Median Age
3,343
Population Density (per sq. mile)
50%
College Educated
$50,849
Estimated Median Income
3,916
Estimated Total Home Owners
3,870
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

505 W Bijou Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 W Bijou Street Market Data

Based on the last 30 days in this zip code

$434,792
Average List Price
$256
Average Price per Square Foot
23
Properties Sold
81
Average Days on Market
172
Properties for Sale
Calculations provided by Reliance Network

505 W Bijou Street History

Date Event Value Agent
6/25/2026Source: elevateMLS Price Reduction
$525,000 -4.5%
6/25/2026Source: elevateMLS Price Reduction
$525,000 -4.5%
6/15/2026Source: elevateMLS Added to Database
May 06, 2026
6/15/2026Source: elevateMLS Added to Database
May 06, 2026