716-718 W Madison Street, Colorado Springs, CO 80907
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
716-718 W Madison Street,Colorado Springs, CO 80907
$530,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: caleb skelton, jeff skelton
Office: buy smart colorado
MLS#:6643556
Source:CO_PPAR
Price summary
- Price:$530,000
About this home
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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Home facts
- Year built:1939
- Listing ID #:6643556
- Added:1 day(s) ago
- Updated:December 30, 2025 at 05:05 PM
Heating and cooling
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Metal
- Year built:1939
- Lot area:0.18 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$530,000
- Tax amount:$1,084 (2024)
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