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$629,000

For Sale

10 days ago

411 Olive St, Colorado Springs, CO

House

MLS® 2193222

4 Bed

1 Bath

1521 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1521 sqft
Garage Yes
Taxes $1,400
Days Active 10
Lot Size 0.12 Acres
Approx. Age 1948
Avg. Price Per Sqft $413
MLS® Number 2193222

Property Address: 411 Olive St, Colorado Springs, CO, 80904-3558

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity for investors, house hackers, first-time buyers, or anyone looking for a home that can help offset the cost of ownership! Located in Colorado Springs' desirable Westside, this unique property is currently operating as a short-term and mid-term rental and is configured as two separate living spaces. The main level features 2 bedrooms, a full bathroom, comfortable living space, updated kitchen with stone countertops, laundry, and access to the covered deck and backyard. Downstairs, the fully finished walkout basement offers 2 additional bedrooms, a 3/4 bathroom, second kitchen, living room, laundry, and separate exterior access-creating excellent flexibility for guests, extended family, or continued rental use. For buyers looking to get into homeownership, the layout creates a compelling option to live in one portion of the home while renting the other to generate additional income and potentially offset monthly housing expenses. Investors can continue utilizing both spaces as income-producing rentals, offering multiple ways to make the property work for your goals. Just minutes from historic Old Colorado City and Downtown Colorado Springs, enjoy convenient access to restaurants, local shops, breweries, galleries, entertainment, and year-round events. Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Colorado College, and abundant outdoor recreation are also within easy reach. Both units are currently being utilized as rentals, with stays commonly extending approximately one month at a time. A professional STR competitive analysis is available for buyers interested in exploring the property's income potential. The seller is also open to including furnishings depending on the offer. This Westside home offers a rare combination of versatility, location, and existing rental use.
MLS® Number2193222
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1948
BasementFull, Slab, Walk-Out Access
DrivewayOff Street
Garage Spaces
HeatForced Air
A/CCeiling Fan(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 28, 2026List Date
$629,000List Price
Jun 24, 2025End Date
$590,000Sold Price

Sold

Mar 29, 2025List Date
$595,000List Price
  • Commute

Commute

Starting Address
Destination Address
411 Olive St, Colorado Springs, CO

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