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117 S Limit St, 
Colorado Springs, CO 80905

$550,000


4

Beds


2

Baths


2,524

Sq Ft


Multi-Family

Active

Listed by

Tiffany Canady

Real Broker, LLC. Dba Real

720-807-2890

Last updated:

May 31, 2025, 05:45 PM

MLS#

3810638

Source:

IRES

About This Home

117 S Limit St

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.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1889

Price Summary

550,000

$217 per Sq. Ft.

MLS #:

3810638

Last Updated:

May 31, 2025, 05:45 PM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,524 Sq. Ft.


Structure

Structure

Architectural Style:

Income Property, Two

Building Area:

2,524 Sq. Ft.

Year Built:

1889


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$217 per Sq. Ft.

Source:IRES
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