411 Olive Street
Colorado Springs, CO, 80904 $ 629,000
Bedrooms4 Baths1.0 Sq 1,521 Monthly Estimate*
$ 4,344
Listed by Mont Haus International Realty
for $629,000 with 4 bedrooms and 1 full bath. This 1,521 square foot home was built in 1948 on a lot size of 0.12.
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.
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FeaturesGeneralLiving Area 1521
Sewer Public Sewer
Heating Forced Air
Cooling Other
Utilities Cable Available Electricity Available Electricity Connected Internet Access (Wired) Natural Gas Available Natural Gas Connected Phone Available
Roof Composition
Appliances Dishwasher Dryer Microwave Range Washer
Zoning R-2
Garage Spaces 0
Construction Materials Concrete Frame Stucco
Year Built 1948
View City Mountain(s)
Levels One
Property Subtype Duplex
Parcel Number 74122-15-009
County El Paso
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name West Colorado Springs
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 N
High School District Colorado Springs 11
Lot Size Units Acres
Lot Size Square Feet 5227.2
Carport Spaces 0
Elementary School West
Property Attached Y/N N
Tax Annual Amount 1400
Middle/Junior High School West
Standard Status Active
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
Freehold IDX
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InteriorInterior Amenities Built-in Features Ceiling Fan(s) Eat-in Kitchen Jack & Jill Bath Open Floorplan Smoke Free Stone Counters Walk-In Closet(s)
Basement Full Walk-Out Access
Flooring Laminate Vinyl
Total Fireplaces 0
Laundry Features In Basement Laundry Closet Main Level
Total Bedrooms 4
Total Baths 1
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ExteriorExterior Amenities Fire Pit Gas Grill Private Yard Rain Gutters
Fencing Full
Parking Features Concrete
Lot Features Corner Lot Level Near Public Transit
Water Source Public
Lot Size Area 0.12
Foundation Details Slab
Lot Size Acres 0.12
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* Excluded FeaturesList ByMont Haus International RealtyBroker
Noah@thelocalegroup.co,913-300-1762Contact
Affordability Calculator
- Monthly Principal & Interest
- $4,344
- Monthly Property Taxes
- $117
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbyMulti-family listings in Colorado Springs, CO
Average List Price $700,643
Percent of Sale Price 11%
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.
3615233 Elementary School
1730956 Middle School
Coronado High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/26/2026 | $629,000 | | Listed Price |