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Sold for $231,000
  • $231,000

    716 W Madison St, Colorado Springs, CO 80907

    2beds
    2baths
    1,203sqft
    Duplex
    Built in 1939
    -- sqft lot
    $329,400 Zestimate®
    $192/sqft
    $1,215 Estimated rent

    Home value

    $329,400

    $280,000 - $382,000

    $1,215/mo

    Zestimate® history
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    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:

    Listing updated:

    Listed by:

    Ashley Candler 530-228-8004,

    Exp Realty LLC

    Bought with:

    Jeff Skelton

    Buy Smart Colorado

    Source: elevateMLS,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

    Price history

    DateEventPrice
    3/10/2026Listing removed$1,600$1/sqft
    Source: Zillow Rentals Report a problem
    3/7/2026Listed for rent$1,600+6.7%$1/sqft
    Source: Zillow Rentals Report a problem
    9/9/2025Listing removed$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    8/28/2025Listed for rent$1,500$1/sqft
    Source: Zillow Rentals Report a problem
    5/12/2025Sold$231,000+16.1%$192/sqft
    Source: elevateMLS #3006196 Report a problem
    4/12/2025Pending sale$199,000$165/sqft
    Source: REcolorado as distributed by MLS GRID #9352580 Report a problem
    4/10/2025Listed for sale$199,000$165/sqft
    Source: REcolorado as distributed by MLS GRID #9352580 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$974 +189.1%$23,910
    2023$337 -11.6%$23,910 +94.4%
    2022$381 $12,300 -4.9%
    2021-- $12,930 +18.7%
    2020$369 +0.5%$10,890
    2019$367 -39.5%$10,890 +24.6%
    2018$607 +89.4%$8,740
    2017$321 -47.2%$8,740 -9.5%
    2016$607 +8.5%$9,660
    2015$560 +1.2%$9,660 +5%
    2014$554 $9,200
    2013-- --
    2012-- $9,020
    2011$598 $9,020 -11%
    2010-- $10,130
    2009-- $10,130
    2008-- $10,130
    2006-- $10,130 +17.5%
    2004-- $8,620
    2003$509 +3.7%$8,620 -3.7%
    2002$491 +15.9%$8,950 +22.6%
    2001$424 $7,300

    Find assessor info on the county website

    Neighborhood: West Colorado Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Colorado Springs 11

    Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $329,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $329,400