Tour
$4,738 Closing Credit¹
#6691676, Craig Kallian, Listing office: Venterra Real Estate LLC
$550,000 List price
117 S Limit St Colorado Springs, CO 80905
$6,531
Closing credit¹
2 beds
1 partial
788 sqft
0.1 acres
$698 / sqft
House
Property details
About 117 S Limit St
Rare investment opportunity—TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both , two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features 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 and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Don’t miss this chance to secure a mixed-use property with endless possibilities!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size788 sqft
BasementYes
Lot size0.1499 Acres
Year built1889
ParkingDetached
MLS #2868329
ViewMountain(s)
Summary
- Partial Bathrooms: 1
- Appliances: Dryer, Oven, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Carpet, Tile
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Detached
- View: Mountain(s)
- Exterior: Porch/Covered, See Remarks
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $550,000
- Price/SqFt: $697
- HOA Amount: $0
- Annual Tax Amount: $911
- Tax Year: 2023
- Lot: Level, Views
- Year Built: 1889
- Living Area: 788 SqFt
- Lot Size: 0.1499 Acres
- MLS Number: 2868329
- Office Name: Real Broker, LLC DBA Real
- Office Phone: (720) 807-2890
- Listing Agent: Tiffany Canady MRP
The real estate listing information and related content displayed on this site 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$550,000
117 S Limit St
$6,531
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $22,770 | $911 |
| 2022 | $15,260 | $853 |
| 2021 | $15,700 | $926 |
| 2020 | $13,650 | $926 |
| 2019 | $13,650 | $802 |
| 2018 | $10,940 | $760 |
| 2017 | $10,940 | $617 |
History based on county public records data.
Nearby schools
5
Bristol Elementary School
Public District PK-5
0.9 mi
•890 N Walnut St
3
Midland Elementary School
Public District PK-5
1.3 mi
•2110 Broadway Ave
3
Columbia Elementary School
Public District PK-5
1.8 mi
•835 E Saint Vrain St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,090. The most common annual income of people living in Colorado Springs, CO is less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
53%
<35k
32%
35k-100k
13%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
12%
Single, with Kids
18%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
IKEA
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
Quiznos
Starbucks
Jack In The Box
What do the neighbors drive?
Lexus
BMW
Toyota
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 117 S Limit St
The listing price of 117 S Limit St property is $550,000.
The property 117 S Limit St is a house located in Colorado Springs, Colorado, 80905.
Active Listing: 117 S Limit St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 117 S Limit St are: Bristol Elementary School (GreatSchools Rating 5/10), Midland Elementary School (GreatSchools Rating 3/10), Columbia Elementary School (GreatSchools Rating 3/10), West Middle School (GreatSchools Rating 5/10), North Middle School (GreatSchools Rating 5/10), Mountain Song Community School (GreatSchools Rating 7/10), Palmer High School (GreatSchools Rating 4/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Cheyenne Mountain High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $911 (source: MLS/based on county public records data).
The property at 117 S Limit St has 2 bedrooms and 0 full and 1 half bathrooms.
The property 117 S Limit St is 788 SqFt (source: MLS/tax record).
The year of construction for 117 S Limit St is 1889.
This home is located at 117 S Limit St in Colorado Springs, CO and zip code 80905 in the Old Colorado City neighborhood. This 788 square foot home, which was built in 1889, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $550,000.
In May 2025 more than 76 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 122 were sold below. In May 2025 in Colorado Springs, CO there were 42.2% more homes for sale than in April. In May 2025 median list price was $480,000 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.