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411 Olive St

Colorado Springs, CO 80904

4 beds
1 bath
1,852 sqft
5,300 sqft lot
$340 per sqft
1948 build
– on site

Welcome to this charming piece of history, a generational family home that was formerly cherished by the founders of Rick's Garden Center, located just across the street. After undergoing a substantial remodel in 2022 and 2023, this residence is now poised for you to create your own lasting memories. The home features two exquisitely designed units, each with two bedrooms and one bathroom; however, the seller is willing to revert the property to a four-bedroom, two-bathroom single-family home if that is preferred. The main-level unit boasts a spacious living room with stunning mountain views visible from nearly every window, complemented by elegant wood flooring. It includes two generously sized bedrooms that share a Jack-and-Jill bathroom, as well as a conveniently located laundry area tucked within one of the bedrooms. The unit features a modern open kitchen complete with a breakfast island, stainless steel appliances, a stylish mirror subway-tiled backsplash, and beautiful Karastan tiled flooring. Additionally, it provides access to a private backyard, equipped with privacy fencing, an outdoor kitchen, a paver patio, and cafe lighting. Two off-street parking spaces are conveniently located at the front of this unit along with a fully fenced front yard. The lower-level unit features a lovely living room adorned with Karastan tile flooring and bright LED lighting, along with a thoughtfully designed kitchen and a discreet laundry area. This unit also includes two generously proportioned bedrooms, each with walk-in closets and plush carpeting, as well as a modern bathroom. Like the upper unit, it has access to its own privacy-fenced outdoor space that includes an additional outdoor kitchen, paver patio, and cafe lighting. Just beyond the fence gate, you will find two more off-street parking spaces. ***If desired, the seller is happy to convert the home back into a beautiful four-bedroom, two-bathroom single-family residence.***

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 1, 2025 •

MLS# 1785581 —

This property is listed in more than one place. See it here, and here, and here, and here, and here.

The Building

Year Built:

1948
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Cottage/Bung
Structure Type:

Duplex
Building Area Total:

1972
Total SqFt:

1972
Roof:

Composition
Levels:

One
Stories:

1
# of Units Total:

2
Basement:

Full
Direction Faces:

West
Accessibility Features:

Level Lot
Above Grade Finished Area:

936
Below Grade Finished Area:

1036

Interior

Interior Features:

Eat-in Kitchen

Room Dimensions

Living Area:

1852
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash

Location

Directions:

hwy 25 take Uintah going west, turn left onto 17th street, right onto Armstrong Ave. home is located on the corner of Olive Street.
Coordinates:

-104.848328, 38.84687
Latitude:

38.84687
Longitude:

-104.848328

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Cul-De-Sac
Lot Size Acres:

0.12
Lot Size SqFt:

5300
Lot Size Area:

5300
Lot Size Units:

Square Feet
Zoning:

R2
Exclusions:

Tenants personal property, however, all furnishings are negotiable.
Horse:

false
Fencing:

Fenced
Exterior Features:

Gas Grill
Water Source:

City Water
Waterfront:

false
Road Surface Type:

Gravel

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

1205

Beds

Bedrooms Total:

4

Baths

Total Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://my.matterport.com/show/?m=87qEgcYcnDU
Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas
Electric:

Electric
Sewer:

City Sewer

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

West
Middle Or Junior School:

West
High School:

Coronado
High School District:

Colorado Springs 11

The Community

Subdivision Name:

Colorado Springs
Association:

false
Spa:

false
Senior Community:

false

Parking

Garage:

true
Attached Garage:

false
Garage Type:

Off Street
Garage Spaces:

4
Covered Spaces:

4
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

2
Total Baths Unit 1:

1
Bedrooms Unit 2:

2
Total Baths Unit 2:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/1/25 Apr 1, 2025	Listed / Active	IRES	$630,000

Multifamily For Sale

$630,000

Listing provided by broker:

Nichole Dennis

nichole@movewithnichole.com,719-650-3367

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This multifamily located in Old Colorado City, Colorado Springs, CO 80904 is currently for sale for $630,000. 411 Olive St is a 1,852 square foot multifamily with 4 beds and 1 bath that has been on Estately for 2 days. 411 Olive St is in the Old Colorado City neighborhood of Colorado Springs and has a WalkScore® of 81, making it very walkable.

Listing Courtesy of: IRES

TERMS OF USE: 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.

Information deemed reliable but not guaranteed by the MLS