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Christine Gwinnup

thelittleladyinc@gmail.com +1(303) 709-4262

$ 599,000

Est. payment | -/mo

2 Beds

2 Baths

1,660 SqFt

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$ 599,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,660 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,660 sqft

Subdivision West Colorado Springs

MLS Listing ID IRE3371409

Style Cottage

Bedrooms 2

HOA Y/N No

Year Built 1890

Annual Tax Amount $1,520

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Source ires

Property Description

Zoned Mixed-Use, this Single Family home, plus Additional Dwelling Unit provides a truly unique long-tem rental invesment opportunity. A restored 1890s home paired with fully equipped 600 sqft ADU-delivering built-in income, house-hacking potential, multi-unit flexibility, with newer mechanical/HVAC, turnkey livability and immediate revenue upside. The main home (rents for $1800-$2100/month), features 2 bedrooms, 2 baths, 1,097 sq ft living space, plus additional ~300 sqft finished loft area-for added flex/utility. Natural light fills the main living area, flowing into a modern kitchen with coffered ceilings, stainless steel appliances, island seating, and 36-inch cabinetry. Each bedroom suite has private access to its own full bath, creates optimal layout flexibility for tenants, traveling professionals, or dual-occupancy. Primary bedroom has walk in closet, while the second bedroom includes a private exterior entrance-perfect for independent rental use or increased privacy. Dedicated laundry space enhances functionality, and newer paint, and windows show strong maintenance. Outdoor living includes wrap around back deck, mature trees, and fully fenced grass yards with sprinkler system for both the main home and ADU-ideal for tenant separation, pet-friendly leasing, or multi-unit privacy. The ADU at 1208 B Expands income potential (rents for $900 - $1200/month) and is a pristine 600 SF with 1 bedroom, 1 full bath, granite counters in kitchen with island bar dining, and second laundry plus lofted flex/storage space. Private yard, independent functionality-well-suited for traveling nurses, or multi-generational use. A concrete path connects both structures to a gated 2-car tandem traditional or RV parking area, supporting ease of access and tenant convenience. CSU utilities are tenant expense, not separately metered. Historic charm, modern updates, and dual-unit long term rental income potential-this property is a rare, ready-to-perform asset in a prime location.

Location

State CO

County El Paso

Community West Colorado Springs

Area Out Of Area

Zoning MX-M

Direction Follow I-25 S to exit 142, W Bijou St in Colorado Springs. Slight right to merge onto W Bijou St. Turn left onto N Walnut St. Turn right onto Colorado Ave, home is on right (North) side of street.

Rooms

Basement Partial

Interior

Interior Features Eat-in Kitchen, Cathedral Ceiling(s), Walk-In Closet(s), Kitchen Island

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type None

Appliance Dishwasher, Washer, Dryer, Microwave, Gas Bar-B-Q, Disposal, Fire Alarm

Exterior

Exterior Feature Sprinkler System, Tandem Garage

Parking Features Assigned

Garage Spaces 2.0

Fence Fenced

Utilities Available Electricity Available, Cable Available, Master Meter-Electric, Master Meter-Gas

View Y/N Yes

View Mountain(s)

Roof Type Composition

Porch Patio, Deck

Garage Yes

Building

Lot Description Deciduous Trees, House Faces South, Gutters

Sewer Public Sewer

Water Public

Architectural Style Cottage

Level or Stories One

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools West

Middle Schools West

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Virtual Tour https://www.zillow.com/view-imx/c2df141c-2b17-44f5-b9d4-98057d23024d?initialViewType=pano

Information and Real Estate Services (IRES)

Listed by Rebecca Groe

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(303) 709-4262

thelittleladyinc@gmail.com

Loveland, Colorado

1208 W Colorado Colorado Springs, CO 80904

Christine Gwinnup

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1208 W Colorado