#9257087, Sara Bargeron, Listing office: Real Broker, LLC DBA Real

125 S Limit St Colorado Springs, CO 80905
Property details
About 125 S Limit St
Rare investment opportunity—TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both 117 S Limit and 125 S Limit, 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
Summary
- Partial Bathrooms: 1
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Basement: Yes
- Flooring Type: Carpet, Vinyl
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Unpaved
- Exterior: Private Yard
- Heating: Forced Air, Natural Gas
- Cooling: Other
- List Price: $550,000
- Price/SqFt: $368
- Annual Tax Amount: $1,246
- Tax Year: 2023
- Lot: Level
- Directions: From W Bijou St. turn left onto N Walnut St. Turn right onto Colorado Ave. Turn left onto S Limit St. Destination will be on the left.
- Year Built: 1898
- Living Area: 1,493 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 9556333
- MLS Name: RECOLORADO
- Office Name: Real Broker, LLC DBA Real
- Office Phone: (720) 807-2890
- Listing Agent: Tiffany Canady
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 6/17/2025, 11:42:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
125 S Limit St
$6,531
closing credit¹
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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 | $28,870 | $1,246 |
2022 | $18,770 | $1,050 |
2021 | $19,320 | $1,140 |
2020 | $16,790 | $1,139 |
2019 | $16,790 | $987 |
2018 | $13,460 | $935 |
2017 | $13,460 | $760 |
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 majority of Colorado Springs, CO residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 125 S Limit St
The listing price of 125 S Limit St property is $550,000.
The property 125 S Limit St is a house located in Colorado Springs, Colorado, 80905.
Active Listing: 125 S Limit St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 125 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 $1,246 (source: MLS/based on county public records data).
The property at 125 S Limit St has 3 bedrooms and 0 full and 1 half bathrooms.
The property 125 S Limit St is 1,493 SqFt (source: MLS/tax record).
The year of construction for 125 S Limit St is 1898.
This home is located at 125 S Limit St in Colorado Springs, CO and zip code 80905 in the Old Colorado City neighborhood. This 1,493 square foot home, which was built in 1898, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $550,000.
Colorado Springs, CO housing market in May 2025 saw over 76 listings sold above listed price, more than 72 sold at listed price and over 122 sold below. The inventory of homes for sale in Colorado Springs, CO between April and May 2025 increased by 42.2%. In May 2025 median list price was $480,000 and the average listing age was 40 days.