324 E Bijou Street
Colorado Springs, CO, 80903 $ 1,000,000
Bedrooms-- Baths-- Sq 1,932 Monthly Estimate*
$ 6,157
Listed by Cushman & Wakefield
for $1,000,000. This 1,932 square foot building was built in 1890 on a lot size of 0.07.
Step into the center of Colorado Springs’ most dynamic, fastest-growing urban core with this exceptionally located 6-unit multifamily asset- 324 E Bijou St. Positioned just steps from the city’s premier dining, retail, entertainment, and cultural destinations, this property offers investors the rare chance to own in one of the most highly sought-after submarkets in the entire region. The property has recently undergone significant interior renovations to include: fresh paint, LVP flooring, new lighting, updated kitchen and updated bathrooms. Surrounded by award-winning restaurants, boutique shops, craft breweries, cocktail bars, and everyday conveniences, the property delivers a true “live-work-play” environment that continues to attract a strong and diverse tenant base year-round. Residents enjoy walkable access to Downtown’s thriving business district—the central hub for finance, tech, government, and professional services—making the location ideal for young professionals, remote workers seeking urban amenities, and long-term renters who value both lifestyle and connectivity. Beyond urban energy, the property sits moments from some of Colorado Springs’ most iconic outdoor and cultural landmarks. Monument Valley Park, America the Beautiful Park, and the Pikes Peak Greenway Trail provide unparalleled recreation, while nearby art galleries, historic architecture, and performing arts venues showcase the city’s rich cultural heritage and growing creative scene. Connectivity is unmatched: quick access to I-25 places the entire metro at your doorstep—from the booming Northgate tech corridor to the revitalized South End and Fort Carson. Whether commuting to regional employment centers or exploring the city’s mountain-to-metro lifestyle, this location consistently delivers high demand and strong rentability. This 6-unit presents an exceptional value proposition for investors seeking stability, appreciation, and long-term growth in the heart of Colorado Springs.
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FeaturesGeneralSewer Public Sewer
Roof Shingle
Zoning C6
Garage Spaces 0
Construction Materials Frame
Year Built 1890
Tenant Pays Cable TV Internet
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
County El Paso
Property Type Commercial Sale
Attached Garage N
Status Active
City Colorado Springs
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 3100
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 1310
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.17
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ExteriorLot Features Near Public Transit
Water Source Public
Total Parking 0
Lot Size Area 3100
Building Area Total 1932
Lot Size Acres 0.07
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* Excluded FeaturesList ByCushman & WakefieldBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,157
- Monthly Property Taxes
- $109
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Colorado Springs, CO
Average List Price $1,276,319
Percent of Sale Price 28%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/15/2025 | $1,000,000 | | Listed Price |