720 S Prospect Street Colorado Springs, CO $ 399,000
720 S Prospect Street
$ 399,000
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720 S Prospect Street

Colorado Springs, CO, 80903
$ 399,000
Bedrooms3 Baths2.0 Sq 1,464

Monthly Estimate*

$ 2,519

Listed by Better Homes & Gardens Real Estate - Kenney & Co.
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Single Family Home for sale in Colorado Springs, CO

for $399,000 with 3 bedrooms and 2 full baths. This 1,464 square foot home was built in 1948 on a lot size of 0.18.

Exceptional investment or house-hacking opportunity just 5 minutes from Downtown Colorado Springs! This versatile property is fully updated and configured for dual-living flexibility, featuring completely separate entrances for both the main level and lower level. The bright main level offers 2 bedrooms and 1 full bathroom with modern interior finishes. Greeted right away with the central living space, and views of the mountains directly through the window. The kitchen boast beautiful updates and both bedrooms serve as their own retreat in the unit with a full bath between. The lower level features an independent 1 bedroom, 1 full bathroom unit ideal for rental income or multi-generational living. Major capital improvements provide complete peace of mind, including a new roof installed last year, a newly relined sewer line, and all HVAC systems under 5 years old. Situated on a generous lot with plenty of outdoor space and quick access to downtown dining, shopping, and major corridors, this turn-key property is ready for an investor seeking strong cash flow or an owner-occupant looking for a property with options! Between location, beautiful updates, and peace of mind, this property has it all!

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Single Family Coming Soon

Price

$ 399,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,246

Style

House

Lot Size

0.18

Year Built

1948

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

9078272

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Disposal Dryer Microwave Oven Refrigerator Washer
Zoning R-5
Garage Spaces 0
Construction Materials Frame
Exclusions Staging items and Seller's personal property.
Year Built 1948
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County El Paso
Property Type Residential
HOA N
Attached Garage N
Subdivision Name heyenne Add Colorado Spgs
Full Baths 1
Status Coming Soon
Directions From Wahsatch Ave turn onto Costilla St. Turn right on S Prospect St. House will be on the right after E Rio Grande St.
High School Palmer
City Colorado Springs
Senior Community Y/N N
High School District Colorado Springs 11
Lot Size Units Acres
Lot Size Square Feet 7840.8
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
Elementary School Hunt
Tax Annual Amount 1246
Middle/Junior High School North
Property Condition Updated/Remodeled
Structure Type House
Standard Status Coming Soon
Occupancy Type Owner
Middle/Junior School District Colorado Springs 11
Elementary School District Colorado Springs 11
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Interior
Basement Partial
Furnished Y/N Furnished
Basement (Y/N) Y
Above Grade Finished Area 816
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 494
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 2
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Exterior
Fencing Full
Lot Features Landscaped Near Public Transit
Water Source Public
Total Parking 0
Lot Size Area 0.18
Building Area Total 1464
Lot Size Acres 0.18
Road Surface Type Paved
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Internal Only
Street Number 1 720
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* Excluded Features
List By
Better Homes & Gardens Real Estate - Kenney & Co.

Broker

(719) 650-7290

Phone

Affordability Calculator

$2,623
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4142434 Elementary School
1034667 Middle School
Palmer High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$399,000 Listed Price

Map


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720 S Prospect Street, Colorado Springs, CO, 80903 is a Single Family Home for sale at $399,000 with 1,464 sqft and a lot size of 0.18. 720 S Prospect Street has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 80903 which is in Colorado Springs, CO