$507,000

518 E Madison Street, Colorado Springs, CO 80907

5 beds |
2 baths |
1,768 sqft

Single-Family Home
Built in 1914
5,698sqft lot
—— car garage
$287/sqft
Listed 3 days ago

Property Description

Welcome to the highly sought out Bonnyville neighborhood. Located in the heart of Colorado Springs just north of downtown, adjacent to the Patty Jewett golf course, and a short commute to I-25. A combination of rich history known for its quiet, safe, tree-lined streets, and community friendly atmosphere. Highly walkable with easy access to Bonforte Park, the Bon Shopping Center, and Penrose Main Hospital. Once you step inside, you'll know this newly renovated home is the ONE with beautiful hardwood floors, an abundance of natural light complimented with new light fixtures, an updated kitchen with stainless steel appliances, refreshed bathrooms, new LVP flooring, new carpet, and fresh paint. This property offers a perfect blend of comfort, style, and investment options (a strong proven rental history). With 5 bedrooms, 2 full bathrooms, a walkout basement complete with a kitchenette the possibilities are endless - single family home, multigenerational living, short term rental (Vrbo or AirBnB), or mid term rental (traveling nurses). There is plenty of room for families, guests, or tenants. Additional updates include: a new roof in 2024, a new furnace in 2024, and a new water heater in 2023. If you're looking for a home in a neighborhood where deep and lasting relationships will be made, look no further, make this house YOUR HOME! A SOLID HOME! A SOLID INVESTMENT!

Listing Status:: Active
Data Last Updated:: May 25, 2026 at 7:43AM
Listing Office:: The Cutting Edge : 719-999-5067
Listing Agent:: Rodny Rodriguez MRP : 719-649-1544
MLS ID:: 4743467

Appliances: 220v in KitchenStovetopDishwasherDryerKitchen Vent FanMicrowaveOvenRangeRefrigeratorWasher
Laundry: In BasementElectric Dryer HookupGas Hookup
Basement: FullWalk-Out Access
Flooring: CarpetWoodLuxury Vinyl
A/C: Ceiling Fan(s)
Heating: Forced AirNatural Gas

Other Structures: Covered
Parking: Parking spaces: 2

Roofing: Shingle

HOA Amenities: 0.0Not Applicable
School District: Colorado Springs 11
County: El Paso

Driveway: Gravel
Landscaping: Front
Zoning: 6406112013
Fencing: Full

Utilities: Cable ConnectedElectricity ConnectedNatural Gas Connected
Water: Public

This listing courtesy of Rodny Rodriguez MRP , The Cutting Edge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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