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Home » Real Estate » CO » Colorado Springs » 80905 » 117 S Limit St, Colorado Springs, CO, 80905
$550,000

117 S Limit St, Colorado Springs, CO, 80905

4 Beds
2 Baths
2,524 Square Feet
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.
Offered By
Tiffany Canady TheHomeboundTeam@BuySprings.com,719-999-5789, Real Broker, LLC DBA Real

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Property Sub Type Income Property
Square Feet 2,524
MLS # 3810638

Market Trends

New Properties On Market
12
140% Increase In New Listings
Average Asking Price
$469,591
$26,633 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$275
$54 Increase In List Price/Sq. Ft.
Average Days On Market
12
16 Day Decrease In Days On Market
Data as of Jul 05, 2025. Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 6/29/2025 at 3:53 am