Metro Denver Luxury Homes For Sale

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.

Features
: Forced Air
: Other
: Full, Walk-Out Access
: Full
: City, Mountain(s)
: Yes, Cats OK, Dogs OK
: Covered, Deck, Front Porch
: 4
: Furnished
: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
: Concrete
: Composition
: Public Sewer
Address Map
CO
El Paso
Colorado Springs
80904
Olive
411
Street
W105° 9' 5.7''
N38° 50' 48.7''
Additional Information
: Frame, Stucco
6
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 your left.
West
: Private Yard, Rain Gutters, Fire Pit, Gas Grill
: Laminate, Vinyl
Coronado
: Open Floorplan, Smoke Free, High Speed Internet, Ceiling Fan(s), Built-in Features, Stone Counters, Jack & Jill Bathroom, Walk-In Closet(s)
Yes
Yes
: Short Term Lease
Cash, Conventional, FHA, VA Loan
: Level, Corner Lot, Many Trees
West
Mont Haus International Realty
74122-15-009
: None
: House
West Colorado Springs
$1,400
2025
: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Electricity Connected, Natural Gas Connected
R-2
08/28/2026
1521
Active
155065546
MHAUS
Colorado Springs 11
Slab
Colorado Springs 11
In Unit, Laundry Closet
Colorado Springs 11
09/03/2026
08/28/2026
Public
: One

West Colorado Springs

411 Olive Street, Colorado Springs, CO 80904

4 Bedrooms
2 Total Baths
1,521 Square Feet
$629,000
Listing ID #1712550
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1712550
Price : $629,000
Bedrooms : 4
Rooms : 12
Total Baths : 2
Full Bathrooms : 1
3/4 Bathrooms : 1
Square Footage : 1,521 Square Feet
Year Built : 1948
Lot Area : 0.12 Acres
Lot Acres : 0.12
Property Sub Type : Single Family Residence
Status : Active
Co List Agent Full Name : Megan Walz
Co List Office Name : Mont Haus International Realty
Originating System Name : REcolorado
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