Updated Duplex with Separate
New
For Sale
$399,000
720 S Prospect St, Colorado Springs, CO 80903
Two independent living areas support flexible occupancy, with updated interiors and direct access to downtown Colorado Springs.
Property SizeContact for details
Days on Market3
Property Features for 720 S Prospect St
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1948
Listed By:
Area Specialist
(719) 454-8001
Source:
Ashfordrealtygroup
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 9 at 6:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Area Specialist
Investment Insights
Based on property information with market context.
This duplex is arranged as two separately accessed living areas. The main level includes two bedrooms, one full bathroom, a central living area, and an updated kitchen. The lower level provides an independent one-bedroom, one-bathroom unit, creating flexibility for an owner-occupant, rental use, or multigenerational living.
Major property improvements include a new roof installed last year, a relined sewer line, and HVAC systems that are under 5 years old. The property also offers outdoor space on a generous lot and is located 5 minutes from Downtown Colorado Springs, with access to downtown dining, shopping, and major corridors. Furniture is negotiable.
Major property improvements include a new roof installed last year, a relined sewer line, and HVAC systems that are under 5 years old. The property also offers outdoor space on a generous lot and is located 5 minutes from Downtown Colorado Springs, with access to downtown dining, shopping, and major corridors. Furniture is negotiable.
Key Highlights
- Separate entrances serve the main level and lower‑level units
- Main level includes 2 bedrooms and 1 full bathroom
- Independent lower‑level unit with 1 bedroom and 1 full bathroom
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,552
Businesses Nearby
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Business Placement
Demographics for 80903, CO
15,944
Population
8,340
Households
1.9
Avg Household Size
34
Median Age
39%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$59,292
Median Household Income
$35,251
Median Earnings
$1,221
Median Rent
$420,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent living areas support flexible occupancy, with updated interiors and direct access to downtown Colorado Springs.
Where is this duplex located?
The property is located at 720 S Prospect St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Separate entrances serve the main level and lower‑level units; Main level includes 2 bedrooms and 1 full bathroom; Independent lower‑level unit with 1 bedroom and 1 full bathroom
