716-718 W Madison St

Colorado Springs, CO 80907

$449,900
Price
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Beds
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Baths
—Sq. Ft.
— / Sq. Ft.
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Sq. Ft.
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per Sq. Ft.
a view of a house with a backyard
a kitchen with stainless steel appliances granite countertop a refrigerator sink stove microwave and cabinets
a kitchen with stainless steel appliances kitchen island a refrigerator sink and stove
a view of wooden floor in a room
a view of a room with wooden floor and window
a bathroom with a sink toilet and shower
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window

Description

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...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.
  1. Listed by Caleb Skelton • Buy Smart Colorado
  2. Listed by Jeff Skelton • Buy Smart Colorado

Property Details for 716-718 West Madison Street

Roof
Metal
Structure
Framed on Lot, Frame
LISTING UPDATED: 01/17/2026 09:43 AM

Property Details for 716-718 West Madison Street

StatusActive
MLS #6643556
Days on Compass57
Taxes$1,084 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1939
Lot Size0.18 AC / 8,000 SF
CountyEl Paso County

Location

Listing Courtesy of Buy Smart Colorado, Caleb Skelton; Buy Smart Colorado, Jeff Skelton
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Building Information for 716-718 West Madison Street

Stories-Residences-Year Built1939Building Size-Lot Size0.18 AC / 8,000 SF

Payment Calculator

$2,283 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 716-718 West Madison Street

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2024
Property
Property and Assessments
  • Construction Status: Existing
Utilities
  • Heating: Electric, Forced Air
  • Cooling: None
  • Utilities: See Prop Desc Remarks
  • Water: Municipal
Interior and Exterior Features
Exterior Features
  • Siding: Stucco
Interior Features
  • Laundry Facilites: Electric Hook-up
Multi Family
Unit 1
  • Baths: 1
  • Beds: 2
  • Occupied: Yes
  • Rent: $1,600.00
Unit 2
  • Baths: 1
  • Beds: 2
  • Occupied: Yes
  • Rent: $1,775.00

Schools near 716-718 West Madison Street

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Bristol Elementary School
Public - K to 5
Holmes Middle School
Public - 6 to 8
Coronado High School
Public - 9 to 12
Academy for Advanced and Creative Learning
Charter - K to 8
Rating
School
Distance
Bristol Elementary School
PublicK to 5

Holmes Middle School
Public6 to 8

Coronado High School
Public9 to 12

Academy for Advanced and Creative Learning
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 716-718 West Madison Street, Colorado Springs, CO 80907

716-718 West Madison Street is a multi-family home for sale in Colorado Springs, CO 80907. This property was listed for sale on December 30, 2025 by Buy Smart Colorado, it's currently listed at $449,900. This listing's school district is Colorado Springs 11 School District. Nearby schools include Bristol Elementary School, Holmes Middle School and Coronado High School. 716-718 West Madison Street is a 0-bed, 0-bath, multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buy Smart Colorado, Caleb Skelton; Buy Smart Colorado, Jeff Skelton

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.