This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
$449,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/8
Property 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 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.
Full Property Details
Full Property Details for 716-718 W Madison St
General
- Price: $449,900
- Taxes: $1,084 (2024)
- Status: Active
- Type: Duplex
- Source: PikesPeak
- MLS ID: 6643556
- Updated: 1/17/2026
- Added to Site: 64 day(s) ago
Rooms
Other Rooms
- Laundry: Electric Hook-up
Location
- County: El Paso
- Subdivision: Roswell City
School Information
- School District: Colorado Springs 11
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Forced Air
Utilities
- Water: Municipal
- Utility Description: See Remarks
Structural Information
- Structure Type: Framed on Lot, Frame
- Exterior Const.: Stucco
- Roof: Metal
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.1837
- Lot Size (Sq. Ft.): 8,000
Financial Considerations
- Tax Amount: $1,084
- Tax Year: 2024
Listed by Buy Smart Colorado
Get Pre-Approved Today
Price & Sales History for 716-718 W Madison St
Date
Details
Price
Change
Source
1/17/2026
Price Reduced
$449,900
-10%
MLS
1/06/2026
Price Reduced
$499,900
-5.68%
MLS
12/30/2025
Listed
$530,000
129.44%
MLS
5/09/2025
Sold
$231,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 716-718 W Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,222
13%
$24,760
4%
2024
$1,084
100%
$23,910
—
2023
-100%
$23,910
94%
2022
$337
-12%
$12,300
-5%
2021
$381
—
$12,930
19%
2021
$381
4%
$10,890
—
2019
$367
14%
$10,890
25%
2018
$321
-47%
$8,740
—
2017
$607
8%
$8,740
-10%
2016
$560
—
$9,660
—
2015
$558
1%
$9,660
5%
2014
$554
-2%
$9,200
—
2013
$563
—
$9,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 716-718 W Madison St
716-718 W Madison Street, Colorado Springs, CO 80907 (MLS# 6643556) is a Duplex property with 0 bedrooms and 0 full bathrooms. 716-718 W Madison Street is currently listed for $449,900 and was received on December 30, 2025. Want to learn more about 716-718 W Madison Street? Do you have questions about finding other Duplex real estate for sale in Colorado Springs? You can browse all Colorado Springs real estate or contact a Coldwell Banker agent to request more information.

