518 E Madison Street
Colorado Springs, CO, 80907 $ 507,000
Bedrooms5 Baths2.0 Sq 1,768 Monthly Estimate*
$ 3,122
for $507,000 with 5 bedrooms and 2 full baths. This 1,768 square foot home was built in 1914 on a lot size of 0.1308.
Welcome to the highly sought out Bonnyville neighborhood. Located in the heart of Colorado Springs just north of downtown, adjacent to the Patty Jewett golf course, and a short commute to I-25. A combination of rich history known for its quiet, safe, tree-lined streets, and community friendly atmosphere. Highly walkable with easy access to Bonforte Park, the Bon Shopping Center, and Penrose Main Hospital. Once you step inside, you'll know this newly renovated home is the ONE with beautiful hardwood floors, an abundance of natural light complimented with new light fixtures, an updated kitchen with stainless steel appliances, refreshed bathrooms, new LVP flooring, new carpet, and fresh paint. This property offers a perfect blend of comfort, style, and investment options (a strong proven rental history). With 5 bedrooms, 2 full bathrooms, a walkout basement complete with a kitchenette the possibilities are endless - single family home, multigenerational living, short term rental (Vrbo or AirBnB), or mid term rental (traveling nurses). There is plenty of room for families, guests, or tenants. Additional updates include: a new roof in 2024, a new furnace in 2024, and a new water heater in 2023. If you're looking for a home in a neighborhood where deep and lasting relationships will be made, look no further, make this house YOUR HOME! A SOLID HOME! A SOLID INVESTMENT!
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FeaturesGeneralUtilities Cable Connected Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances 220v in Kitchen Cook Top Dishwasher Dryer Kitchen Vent Fan Microwave Oven Oven Range Refrigerator Washer
Water Municipal
Assoc Fees 0.00
Number of Garage Spaces 2
School District Colorado Springs 11
Construction Status Existing Home
Property Type Residential
Yearly Taxes 110.46
Tax Year 2024
Status Active
Sub Type Single Family
Covenants Y/N 0
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ExteriorSiding Wood
Garage Type Detached
Driveway Gravel
Fence All
Structure Frame
Lot Size 5697.0000
Foundation Full Basement Walk Out
Lot Description City View Corner Level
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InteriorFull Baths 2
Floor Plan Ranch
Half Baths 0
Three Quarter Bath 0
Laundry Facility Basement Electric Hook-up Gas Hook-up
Total Baths 2
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* Excluded FeaturesList Byrodnysellshomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,122
- Monthly Property Taxes
- $9
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $645,185
Percent of Sale Price 27%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/21/2026 | $507,000 | | Listed Price |