Colorado Springs, CO 80907,716 W Madison ST
Colorado Springs, CO 80907,716 W Madison ST
Colorado Springs, CO 80907,716 W Madison ST
Colorado Springs, CO 80907,716 W Madison ST
Colorado Springs, CO 80907,716 W Madison ST
Colorado Springs, CO 80907,716 W Madison ST
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$231,000

$199,000

16.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2 Baths

1,203 SqFt


SOLD DATE : 05/12/2025

Key Details

Sold Price $231,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,203 sqft

Price per Sqft $192

Subdivision Roswell City

MLS Listing ID 9352580

Sold Date 05/12/25

Style Bungalow

Bedrooms 2

HOA Y/N No

Abv Grd Liv Area 1,203

Year Built 1939

Annual Tax Amount $1,084

Tax Year 2024

Lot Size 8,000 Sqft

Acres 0.18

Property Sub-Type Duplex

Source recolorado

Property Description

Prime West Side Duplex Opportunity – Downtown Colorado Springs Investment Property
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 priced accordingly and sold strictly AS-IS. Current tenants may like to stay or lease states they will vacate within 60 days of closing. Bring your vision, your contractor, and your grit—opportunities like this are rare!

Location

State CO

County El Paso

Zoning R2

Interior

Heating Wall Furnace, Wood Stove

Cooling None

Flooring Linoleum

Fireplaces Type Wood Burning Stove

Fireplace N

Appliance Gas Water Heater, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Parking Features Unpaved

Garage Spaces 2.0

Fence Full, Partial

Utilities Available Electricity Connected, Natural Gas Connected

View City

Roof Type Metal

Total Parking Spaces 2

Garage No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Steele

Middle Schools North

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Estate

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by eXp Realty, LLC
Bought with NON MLS PARTICIPANT

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Jen Langhals
Jen Langhals

Broker Associate | IA.100097765

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