Colorado Springs, CO 80907 716 W Madison St

Pending
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Presented By: eXp Realty, LLC; Ashley@resonaterealestate.com,530-228-8004
  • MLS# 9352580
  • 04/09/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 1,203
  • Garage • 2

Home Details

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!
Presented By: eXp Realty, LLC; Ashley@resonaterealestate.com,530-228-8004

Interior Features for 716 W Madison St

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1203
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes

General for 716 W Madison St

AppliancesRefrigerator, Washer
Architectural StyleCottage/Bung, Ranch
Attached Garage No
CityColorado Springs
Construction MaterialsWood/Frame
CountyEl Paso
DirectionsFrom I-25, take Exit 144 for Uintah St. Turn left onto Uintah. Go 0.3 mi, then left on N Chestnut St. Continue 0.2 mi and turn right on W Madison St. Home is on the left.
ElectricElectric, Separate Meter Electricity
Elementary SchoolSteele
ExclusionsTenant Personal property
Facing DirectionEast
Garage Spaces2
Garage Y/NYes
Gas Y/NSeparate Meter Gas
HOANo
HeatingWood Stove, Wall Furnace
High SchoolCoronado
High School DistrictColorado Springs 11
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet8000
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolNorth
New ConstructionNo
Number Of Units Total2
Other StructuresOutbuildings
Patio/Porch FeaturesPatio, Deck
Possible UseCommercial
Property Attached Y/NNo
Property ConditionFixer, Not New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofMetal
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusPending
StatusPending
Stories1
Structure TypeDuplex
Subdivision NameRoswell City
Tax Annual Amount1084
Tax Year2024
Tenant PaysGas, Electricity, Water, Trash Collection
UtilitiesElectricity Available
ViewCity
Virtual TourClick here
Waterfront Y/NNo
Year Built1939
ZoningR2

Exterior for 716 W Madison St

Building Area Total1203
Covered Spaces2
FencingPartial, Fenced
Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres0.18
Lot Size Area8000
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Surface TypeDirt
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

High School Coronado High School
Elementary School Steele Elementary School
Middle School North Middle School

Jon Holsten

Price $199,000
MLS#9352580
List Date 04/09/2025
Property Type Pending
Phone 970.237.2752
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Request Info
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