LeaciaMartinez

411 Olive Street, Colorado Springs, CO 80904

$629,000
  • 411 Olive Street, Colorado Springs, CO 80904 Main Photo

28 Photos

New to the Market Active
BEDS0 BATHS0.0 MLS#2799155
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWest Colorado Springs

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 accessâ??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.

411 Olive Street | MLS# 2799155

This multi-family property located at 411 Olive Street, Colorado Springs, CO 80904 is currently listed for sale with an asking price of $629,000. Search Colorado Springs real estate on www.hicorealestategroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s)
Fenced: Yes
Fireplaces: None
Garage: 4
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Composite Shingle
Taxes: $1,400
Year Built: 1948

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Washer
Basement/Foundation: Full Basement, Walk Out
Days on Site: 3
Existing Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Exterior: Stucco
Fence: All
Laundry Facilities: Common, Electric Hook-up
Sewer: Sewer
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Realty
Agency Phone: 719-445-0234

Shown By

Agent Name: Leacia Martinez
Agent Phone: (719) 588-1440
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 3,398.41 per month $3,098.29 Principal & Interest $116.67 Property Tax $183.46 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/31/2026. The listing information on this page last changed on 08/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/31/2026 2:45:27 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Mon 08/31/2026 2:35:14 PM EST) or elevate MLS (last updated Mon 08/31/2026 2:30:06 PM EST) or Pueblo MLS (last updated Mon 08/31/2026 2:44:10 PM EST). Real estate listings held by brokerage firms other than The Cutting Edge, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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