720 S Prospect Street, Colorado Springs, CO 80903
Local realty services provided by:ERA New Age



720 S Prospect Street,Colorado Springs, CO 80903
$484,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:jacob mueller
Office:renjoy real estate
MLS#:7488040
Source:CO_PPAR
Price summary
- Price:$484,900
About this home
Turnkey Duplex with Mountain Views and Strong Income Potential
Seize this rare opportunity to own a fully remodeled, turnkey duplex, just minutes from vibrant downtown! Set against a serene mountain backdrop, this versatile property offers two fully independent units, each with private exterior entrances—ideal for maximizing rental income, house-hacking, or multigenerational living.
Both units have been thoughtfully updated, featuring modern kitchens, stylish baths, fresh interiors, and mountain views from many rooms. Each side offers spacious bedrooms, contemporary finishes, and move-in ready appeal. Step outside to a sprawling backyard with alley access—perfect for tenant enjoyment, additional parking, or future development potential such as a garage or RV pad.
Extensive upgrades include: new interior and exterior paint, dual furnaces, dual AC units, hot water heaters, updated electrical and plumbing, energy-efficient windows, kitchen cabinets, countertops, flooring, vanities, added insulation, and modern lighting. All the costly capital improvements have already been done, making this a true low-maintenance asset for years to come.
Whether you're looking to live in one unit and rent the other, or add a top-performing property to your portfolio, this duplex offers endless possibilities. Turnkey, income-producing, and nestled in a high-demand area—schedule your showing today!
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Home facts
- Year built:1948
- Listing Id #:7488040
- Added:108 day(s) ago
- Updated:August 09, 2025 at 10:06 AM
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composite Shingle
- Year built:1948
- Lot area:0.18 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$484,900
- Tax amount:$1,397 (2023)
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