For Sale Duplex MLS# 9158622

720 S Prospect Street

Colorado Springs, CO 80903

$475,000

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About 720 S Prospect Street

Exceptional investment or house-hacking opportunity just 5 minutes from Downtown Colorado Springs! This versatile property is fully updated and configured for dual-living flexibility, featuring completely separate entrances for both the main level and lower level. The bright main level offers 2 bedrooms and 1 full bathroom with modern interior finishes. Greeted right away with the central living space, and views of the mountains directly through the window. The kitchen boast beautiful updates and both bedrooms serve as their own retreat in the unit with a full bath between. The lower level features an independent 1 bedroom, 1 full bathroom unit ideal for rental income or multi-generational living. Major capital improvements provide complete peace of mind, including a new roof installed last year, a newly relined sewer line, and all HVAC systems under 5 years old. All furniture is negotiable! Situated on a generous lot with plenty of outdoor space and quick access to downtown dining, shopping, and major corridors, this turn-key property is ready for an investor seeking strong cash flow or an owner-occupant looking for a property with options! Between location, beautiful updates, and peace of mind, this property has it all!

Property details

Property

Type
duplex
Year built
1948
Lot
0.1767 ac
List date
Sep 9, 2026

Schools

District
Colorado Springs School District 11

Location

Subdivision
Hillside
Neighborhood
Hillside

Location

Neighborhood
Hillside
School district
Colorado Springs School District 11

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Listed by Andrew Perkett, Better Homes and Gardens Real Estate Kenney & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.