Rare duplex investment opportunity with commercial flexibility! 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. is a true 2-bedroom, 1-bath layout, while 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.
For sale
$550,000
117 & 125 S Limit St, Colorado Springs, CO 80905
5beds
2baths
2,524sqft
Est.:
Duplex
Built in 1889
-- sqft lot
$-- Zestimate®
$218/sqft
$-- HOA
What's special
Partial fencingPartial basementOversized high-visibility lotPrivate entranceGas hookupsAmple off-street parkingLaundry area
- 74 days
- on Zillow |
- 154 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 11:57am
Listed by:
Tiffany Canady MRP 720-260-0789,
Real Broker, LLC DBA Real,
Brian Canady 719-433-1102
Source: Pikes Peak MLS,MLS#: 1576023

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: 220v in Kitchen, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: Electric Hook-up
Features
- Basement: Partial
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,524
- Total interior livable area: 2,524 sqft
Property
Parking
- Total spaces: 4
Features
- Fencing: Front Yard,Back Yard
Lot
- Size: 6,529.64 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Framed on Lot, Frame
- Roof: Composite Shingle
Condition
- Existing
- New construction: No
- Year built: 1889
Utilities & green energy
- Water: Municipal
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Price per square foot: $218/sqft
- Annual tax amount: $1,021
- Date on market: 5/22/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
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