411 Olive ST, Colorado Springs, CO 80904
411 Olive ST, Colorado Springs, CO 80904
411 Olive ST, Colorado Springs, CO 80904
411 Olive ST, Colorado Springs, CO 80904
411 Olive ST, Colorado Springs, CO 80904
411 Olive ST, Colorado Springs, CO 80904
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David Mathewes

David Mathewes

+1(303) 578-7900
$ 629,000
Est. payment | /mo

4 Beds

2 Baths

1,521 SqFt

Save
$ 629,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,521 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,521 sqft

Price per Sqft $413

Subdivision West Colorado Springs

MLS Listing ID 1712550

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1948

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

Property 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.

Location

State CO

County El Paso

Zoning R-2

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features Built-in Features, Ceiling Fan(s), High Speed Internet, Jack & Jill Bath, Open Floorplan, Smoke Free, Stone Counters, Walk-In Closet(s)

Heating Forced Air

Cooling Other

Flooring Laminate, Vinyl

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry In Unit, Laundry Closet

Exterior

Exterior Feature Fire Pit, Gas Grill, Private Yard, Rain Gutters

Fence Full

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available

Waterfront Description Public

View City, Mountain(s)

Roof Type Composition

Porch Covered, Deck, Front Porch

Private Pool No

Building

Lot Description Corner Lot, Level, Many Trees

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11

Others

Senior Community No

Tax ID 74122-15-009

Special Listing Condition None Known

REColorado MLS
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byMont Haus International Realty

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David Mathewes
David Mathewes

Employing Broker License ID: 100013250

+1(303) 578-7900

1499 W 120th Suite 110, Westminster, CO 80234, United States

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411 Olive ST