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Sold for $231,000 on 05/12/25
  • $231,000

    716 W Madison St, Colorado Springs, CO 80907

    2beds
    2baths
    1,203sqft
    Duplex
    Built in 1939
    -- sqft lot
    $310,400 Zestimate®
    $192/sqft
    $1,557 Estimated rent

    Owner options

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    $1,557/mo

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    $1,557/mo

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    $1,056/mo

    Est. payment

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    $1,056/mo

    Est. payment

    What's special

    Investor Special in Prime West Side Location! First time on the market in over 40 years! This west side duplex is brimming with potential but will require a serious renovation to shine again. Each side features 1 bedroom, 1 bathroom, and a private yard, with a detached 2-car garage—one side functional and the other used as storage or a workshop. Situated on a large lot with easy access to I-25, downtown Colorado Springs, and west side shops and dining, the location can't be beat. Most windows have been replaced with dual-pane vinyl, and there’s a new water heater in the vacant unit. This is not a project for the faint of heart or novice DIYer. It needs significant work to bring it back to life. Whether you're looking for a fix-and-flip, a buy-and-hold investment, or a lot to scrape and rebuild in a desirable west side neighborhood, this property is and sold strictly AS-IS. Bring your vision, your contractor, and your grit—opportunities like this are rare!

    Zillow last checked: 8 hours ago

    Listing updated: May 12, 2025 at 11:45am

    Listed by:

    Ashley Candler 530-228-8004,

    Exp Realty LLC

    Bought with:

    Jeff Skelton

    Buy Smart Colorado

    Source: Pikes Peak MLS,MLS#: 3006196MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas in Kitchen, Oven, Refrigerator, Washer
    • Laundry: Electric Hook-up
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,203 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Fencing: Back Yard
    Lot
    • Size: 8,001 sqft
    Details
    • Parcel number: 7401113019

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1939

    Utilities & green energy

    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Colorado Springs

    Other

    Other facts
    • Listing terms: Cash
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    Estimated market value
    $310,400