716-718 W Madison Street Colorado Springs, CO $ 530,000
716-718 W Madison Street
$ 530,000
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716-718 W Madison Street

Colorado Springs, CO, 80907
$ 530,000
Baths0.0

Monthly Estimate*

$ 3,307

716-718 W Madison Street, Colorado Springs, CO 80907 - Image 1
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Studio

Multi-Family Home for sale in Colorado Springs, CO

for $530,000. This home was built in 1939 on a lot size of 0.1837.

This fully remodeled duplex offers an exceptional investment opportunity in one of Colorado Springs' most desirable and centrally located neighborhoods. Each Unit features a spacious Two bedroom, one bath floor plan and was completely renovated just moths ago with modern, high end finishes throughout. Improvements include new luxury vinyl plank flooring, fresh interior paint, beautifully tiled bathrooms, updated cabinetry, granite countertops, and stainless steel appliances, creating a clean and contemporary living experience that appeals to today's renters. A durable metal roof adds long term value and reduces future maintenance concerns, while a detached two-car garage (currently not included in the existing leases) provides additional upside potential. Ideally positioned near downtown Colorado Springs, residents enjoy close proximity to Memorial Park, the US Olympic and Paralympic Museum, the Colorado Springs Fine Arts Center, vibrant dining and nightlife, scenic trails, and easy access to major thoroughfares leading toward Pikes Peak and surrounding outdoor recreation. This turn key property combines modern upgrades, strong rental appeal, and an outstanding location, making it a compelling addition to any real estate portfolio.

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Multi-Family Active

Price

$ 530,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,084

Style

Duplex

Lot Size

0.1837

Year Built

1939

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

6643556

Features
General
Utilities See Prop Desc Remarks
Roof Metal
Water Municipal
School District Colorado Springs 11
Property Type Income
Yearly Taxes 1084.00
Tax Year 2024
Status Active
Sub Type Duplex
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Exterior
Siding Stucco
Structure Framed on Lot Frame
Lot Size 8000.0000
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Interior
Laundry Facility Electric Hook-up
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* Excluded Features
List By
Buy Smart Colorado

Broker

caleb@peakpropertyteam.com

Email

Affordability Calculator

$3,397
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,307
Monthly Property Taxes
$90
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$530,000 Listed Price

Map


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716-718 W Madison Street, Colorado Springs, CO, 80907 is a Multi-Family Home for sale at $530,000 with a lot size of 0.1837. 716-718 W Madison Street is a studio with 0.0 baths and was built in 1939. The property's zip code is 80907 which is in Colorado Springs, CO