- 4 beds
- 2 baths
- 2,281 sqft
- 6,531 sqft lot
- $241 per sqft
- 1889 build
- – on site
Rare duplex investment opportunity with commercial flexibility! Located at 117 and 125 S Limit Street, this unique property features two separate single-family homes situated on an oversized, high-visibility lot zoned C-5, offering incredible potential for investors, owner-occupants, or small business owners. The C-5 zoning allows for mixed-use, live/work setups, retail, office space, or traditional rental income. Each home has its own private entrance, laundry area, partial basement, and updated mechanicals including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas, along with 1 bath. Both units include gas hookups and 220V connections, adding extra flexibility. The property also includes a detached 1-car garage, partial fencing, and ample off-street parking-ideal for tenant convenience or customer access. Located just minutes from downtown Colorado Springs and within walking distance to restaurants, shops, and nightlife, this property is positioned in a high-traffic area perfect for maximizing visibility and income potential. Don't miss this one-of-a-kind opportunity to own two homes on a commercially zoned lot in a central location with endless possibilities.
Last checked:
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Last updated Jun 3, 2025
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MLS# 3810638 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1889
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New Construction:false
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Construction Materials:Wood/Frame
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Structure Type:Duplex
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Total SqFt:2,524 Sqft
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# of Units Total:2
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Building Area Total:2524
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Roof:Composition
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Levels:Two
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Basement:Partial
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Stories:2
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Patio And Porch Features:Patio
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Accessibility Features:Level Lot
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Above Grade Finished Area:2281
Room Dimensions
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Living Area:2281
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Living Area Units:Square Feet
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Living Area Source:Other
Financial & Terms
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Listing Terms:Cash
Location
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Directions:From W Bijou St. turn left onto N Walnut St. Turn right onto Colorado Ave. Turn left onto S Limit St. Destination will be on the left.
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Coordinates:-104.840492, 38.833546
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Latitude:38.833546
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Longitude:-104.840492
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Features:Level
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Lot Size Acres:0.15
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Lot Size SqFt:6,531 Sqft
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Lot Size Area:6531
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Lot Size Units:Square Feet
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Zoning:C5
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Exclusions:Any personal items or staged items remaining.
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Horse:false
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Fencing:Fenced
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Waterfront:false
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,022
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Utilities:Electricity Available
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Electric:Electric
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Sewer:City Sewer
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:West
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Middle School:West
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Association:false
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Subdivision Name:West Bluff
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:1
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Garage:true
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Garage Type:Detached
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Attached Garage:false
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Covered Spaces:1
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Other Parking:Parking Per Unit(2 Spaces/Unit)
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:1
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Bedrooms Unit 2:3
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Total Baths Unit 2:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/22/25
May 22, 2025
|
Listed / Active | IRES | $550,000 |