# 518 E Madison Street, Colorado Springs, CO 80907

> **TL;DR:** 5bd/2ba single family, $507,000 ($307/sqft), built 1914, 1,653 sqft. Est. $2,197/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $507,000 |
| Price/sqft | $307 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 1,653 |
| Year Built | 1914 |
| Lot Size | 5,698 sqft (0.13 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,197 |
| **Total** | **$2,197** |

## Property Highlights

- Built in 1914
- 0.13 acre lot
- 2 parking spaces

## Description

### Agent 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!

## Location

- **Address:** 518 E Madison Street, Colorado Springs, CO 80907
- **County:** El Paso
- **Coordinates:** 38.864396, -104.813904
- **Google Maps:** https://www.google.com/maps?q=38.864396,-104.813904

## Listing Agent

- **Name:** Rodny Rodriguez MRP
- **Brokerage:** The Cutting Edge
- **Phone:** (719) 661-1199
- **Email:** rodnysellshomes@gmail.com

## Primary Photo

![518 E Madison Street - Primary Photo](http://lh.rdcpix.com/9fb1ad9a01b9e62af8db87b5baf18dcal-f3411660338r.jpg)

*34 total photos available on [listing page](https://www.propertysimple.com/listing/518-e-madison-street-colorado-springs-co-80907-4743467)*

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**MLS#:** 4743467 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/518-e-madison-street-colorado-springs-co-80907-4743467)

---

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