West Colorado Springs Homes with Walkout Basement

4 Beds ⋅ 1 Baths ⋅ 2193222 MLS

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.

411 Olive St, Colorado Springs

Courtesy of Mont Haus International Realty . Noah@thelocalegroup.co,913-300-1762

$629,000

4 Beds ⋅ 2 Baths ⋅ 1712550 MLS

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.

411 Olive St, Colorado Springs

Courtesy of Mont Haus International Realty . Noah@thelocalegroup.co,913-300-1762

$1,200,000

7 Beds ⋅ 6 Baths ⋅ 6961635 MLS

This stunning property offers a rare opportunity to own a truly unique home while generating immediate income or accommodating multi-generational living. Ideally located in highly desirable Old Colorado City, the residence seamlessly blends historic charm with modern convenience. The original 1899 home showcases timeless character and craftsmanship, thoughtfully enhanced by a beautiful 2020 addition. At the heart of the home is a spacious, well-appointed kitchen featuring a gas range, farmhouse sink, and walk-in pantry. A bar seating area with a dedicated coffee station and breakfast bar overlooks the kitchen, creating the perfect gathering space. The expansive living room is warm and inviting, highlighted by a gas fireplace and large picture windows that fill the space with natural light. Up the first staircase, you’ll find three generously sized bedrooms; two with original hardwood floors and one with a walk-in closet, along with a stylish ¾bathroom featuring a glass-enclosed shower and additional storage. The second staircase leads to a private primary suite retreat. This luxurious space includes a versatile flex area ideal for a sitting room, office, or fitness space. Beyond charming barn doors, the bedroom accommodates a king-size layout with an additional sitting area, a spacious 6x12 walk-in closet, and a chic five-piece ensuite complete with a freestanding soaking tub, tile shower, and a mounted TV for ultimate relaxation. The newly renovated basement has it's own entrance to function as a rental unit; complete with a kitchenette, full bathroom, laundry, a comfortable bedroom, and it's own deck. Outside, the private yard leads to a fully redesigned cottage offering exceptional income potential. The main level studio is ideal for short-term rentals, while the upper-level one-bedroom apartment is perfectly suited for mid-term tenants. With proven rental history and endless possibilities, this property is a rare and versatile investment and stunning home.

1607 Pikes Peak Ave, Colorado Springs

Courtesy of RE/MAX Real Estate Group Inc . Dave@buycolorado.com,719-331-5307

West Colorado Springs Homes with Walkout Basement

Newest West Colorado Springs Homes with Walkout Basement