Views
Address
411 Olive Street, Colorado Springs, CO
Price
$ 629,000
Property Attributes
- MLS#1712550
- TypeSingle Family
- Listing Status Active
- CountyEL PASO
- CityColorado Springs
- NeighborhoodWest Colorado Springs
- Zip80904
- StyleHouse
- Year Built1948
- Taxes$ 1400
- Price$ 629,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1521
- Lot Size0.12 Acres
Data Source:
REColorado (MTOMLS)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| West Elementary School | West Middle School | Coronado High School |
| Price History | |
|---|---|
| 8/26/2026 | Listed $629,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Other |
| Utilities | Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available |
| Possession | Negotiable,Rental Agreement,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
| Zoning | R-2 |
| Patio/Porch Features | Covered,Deck,Front Porch |
| Construction Materials | Frame,Stucco |
| Exclusions | Sellers Personal Property |
| Pets Allowed | Cats OK,Dogs OK,Yes |
| Year Built | 1948 |
| View | City,Mountain(s) |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| County | El Paso |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | West Colorado Springs |
| Full Baths | 1 |
| Status | Active |
| Directions | From Highway 24,exit northeast onto 21st Street. Continue until you reach Armstrong Street and turn right and then contine two blocks and turn right onto Olive Street. Property is the first house on |
| High School | Coronado |
| City | Colorado Springs |
| Senior Community Y/N | No |
| High School District | Colorado Springs 11 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 5227.2 |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | West |
| Tax Annual Amount | 1400 |
| Middle/Junior High School | West |
| Ok to Lease | Short Term Lease |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Colorado Springs 11 |
| Elementary School District | Colorado Springs 11 |
Interior Features
| Interior Amenities | Built-in Features,Ceiling Fan(s),High Speed Internet,Jack & Jill Bathroom,Open Floorplan,Smoke Free,Stone Counters,Walk-In Closet(s) |
|---|---|
| Basement | Full,Walk-Out Access |
| Flooring | Laminate,Vinyl |
| Furnished Y/N | Furnished |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 936 |
| 3/4 Baths | 1 |
| Laundry Features | In Unit,Laundry Closet |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 585 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Fire Pit,Gas Grill,Private Yard,Rain Gutters |
|---|---|
| Fencing | Full |
| Parking Features | Concrete |
| Lot Features | Corner Lot,Level,Many Trees |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 0.12 |
| Foundation Details | Slab |
| Building Area Total | 1521 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80904
Price
Taxes
Year Built
Visits
In The Neighborhood
Colorado Springs
$ 398,000
- Type
- Single Family
- Size
- 1,911 SqFt
- Rooms
- 3 Beds + 2 Baths
Property Mill Real Estate Group #3717370
Colorado Springs
$ 697,500
- Type
- Single Family
- Size
- 1,510 SqFt
- Rooms
- 2 Beds + 2 Baths
eXp Realty, LLC #4549478
