No photo available
$629,000 New to Website
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.
Full Property Details
Full Property Details for 411 Olive St
Sign in to view more details. Local MLS Rules require you to be signed in. Not a member yet? Sign up now.
General
- Price: $629,000
- Taxes: $1,400 (2025)
- Status: Active
- Type: Duplex
- Source: MetroList_Colorado
- MLS ID: 2193222
- Updated: Today (8/28/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: Short Term Lease
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Open Floorplan, Smoke Free, Stone Counters, Walk-In Closet(s)
- Appliances: Dishwasher, Dryer, Microwave, Range, Washer
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement, Laundry Closet, Main Level
Exterior
- Exterior Features: Fire Pit, Gas Grill, Private Yard, Rain Gutters
Parking
- Total Spaces: 4
- Parking Features: Concrete
Location
- County: El Paso
- Subdivision: West Colorado Springs
- Driving 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 your left.
School Information
- Elem School District: Colorado Springs 11
- Midd School District: Colorado Springs 11
- High School District: Colorado Springs 11
- Elementary School: West
- Middle School: West
- High School: Coronado
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Other
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
Structural Information
- Structure Type: Duplex
- Construction: Concrete, Frame, Stucco
- Basement: Yes
- Basement Desc.: Full, Walk-Out Access
- Roof: Composition
- Square Feet: 1,521
- Sq. Ft. Source: Public Records
- Living Area: 1,521 Sq. Ft.
- Year Built: 1948
- Property Condition: Updated/Remodeled
Lot Features
- Property View: City, Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Corner Lot, Level, Near Public Transit
- Zoning: R-2
- Fencing (Description): Full
Financial Considerations
- Operating Expenses: Insurance, Utilities
- Tax Amount: $1,400
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
- Tenant Pays: None
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOTS 1, 2, W2 OF VAC ALLEY ADJ BLK 20 ADD 2 WEST COLO SPGS
- Exclusions: Sellers Personal Property
- Property ID: 74122-15-009
Listed by Keller Williams Premier Realty, LLC
Get Pre-Approved Today
Schools
Schools serving 411 Olive St
School District:Colorado Springs School District 11
| Name | Grades | Distance |
|---|---|---|
West Elementary School 25 North 20th Street, Colorado Springs, CO 80904 | PK-5 | 0.3 mi |
West Middle School, Colorado Springs, CO 1920 West Pikes Peak Avenue, Colorado Springs, CO 80904 | 6-8 | 0.3 mi |
Coronado High School 1590 West Fillmore Street, Colorado Springs, CO 80904 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 411 Olive St
Date
Details
Price
Change
Source
7/18/2025
Sold
$590,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 411 Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,400
16%
$28,330
9%
2024
$1,205
10%
$26,090
—
2023
$1,094
-2%
$26,090
37%
2021
$1,121
9%
$18,990
3%
2022
$1,033
-8%
$18,460
12%
2021
$1,121
1%
$16,510
—
2019
$1,114
15%
$16,510
25%
2018
$971
6%
$13,230
—
2017
$919
23%
$13,230
3%
2016
$747
—
$12,880
—
2015
$744
4%
$12,880
9%
2014
$712
-2%
$11,830
—
2013
$724
—
$11,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 411 Olive St
411 Olive Street, Colorado Springs, CO 80904 (MLS# 2193222) is a Duplex property with 4 bedrooms and 0 full bathrooms. 411 Olive Street is currently listed for $629,000 and was received on August 28, 2026. Want to learn more about 411 Olive Street? Do you have questions about finding other Duplex real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.
