Updated Duplex with Separate
For Sale
$475,000
720 S Prospect Street, Colorado Springs, CO 80903
Residential Income, Colorado Springs, CO
Property SizeContact for details
Lot Size0.18 Acres
Days on Market48
Property Features for 720 S Prospect Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Basement
Walk-Out Access, Full
Elementary school district
Colorado Springs 11
Middle school district
Colorado Springs 11
High school district
Colorado Springs 11
Standard status
Active
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1246
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1948
Buildings
1
Listing Agency:
Better Homes and Gardens Real Estate Kenney & Company
(719) 550-1515
Listed By:
Andrew Perkett
(719) 659-3870
Added: Sep 9
Changed: Oct 23
Last Checked: Oct 26 at 8:06PM
MLS# 9158622
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This updated duplex in Colorado Springs provides two distinct living areas with separate entrances. The main level includes 2 bedrooms, 1 full bathroom, a living area, and an updated kitchen. The lower level adds an independent 1-bedroom, 1-bathroom unit, creating flexibility for occupancy, rental use, or multigenerational living.
The property sits on a 0.1767-acre lot at 720 S Prospect Street, approximately 5 minutes from Downtown Colorado Springs. Major improvements include a new roof installed last year, a newly relined sewer line, and HVAC systems under 5 years old. Heating is provided by forced air, with central air conditioning serving the property.
The property sits on a 0.1767-acre lot at 720 S Prospect Street, approximately 5 minutes from Downtown Colorado Springs. Major improvements include a new roof installed last year, a newly relined sewer line, and HVAC systems under 5 years old. Heating is provided by forced air, with central air conditioning serving the property.
Key Highlights
- Separate entrances serve the main level and lower‑level unit
- Main level includes 2 bedrooms and 1 full bathroom
- Independent lower‑level unit has 1 bedroom and 1 full bathroom
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,102
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-level layout includes a two-bedroom main residence and a one-bedroom lower unit.
Where is this duplex located?
The property is located at 720 S Prospect Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Separate entrances serve the main level and lower‑level unit; Main level includes 2 bedrooms and 1 full bathroom; Independent lower‑level unit has 1 bedroom and 1 full bathroom
