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$507,000
New Listing

518 E Madison Street
Colorado Springs, CO 80907

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
2
Full Baths
1,653
SqFt
$307
/SqFt
1914
Built
County:
El Paso
Listing courtesy of The Cutting Edge: [email protected]
Call Now: 719-339-8909
Is this the listing for you? We can help make it yours.
719-339-8909
518 E Madison Street518 E Madison Street518 E Madison Street518 E Madison Street
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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!

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Listing Snapshot
Price 
$507,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
1,653 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1308 Acres
Year Built 
1914
MLS® Number 
4743467
Status 
Active
Property Tax 
$110.46
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
2 hours agoListing first seen on site
General Features
Acres 
0.1308
Parking 
DetachedGravelDriveway
Parking Spaces 
2
Property Sub Type 
Single Family Residence
SqFt Total 
1768
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher
Basement 
FullWalk-Out Access
Cooling 
Ceiling Fan(s)
Flooring 
CarpetWoodVinyl
Heating 
Forced AirNatural Gas
Laundry Features 
In BasementElectric Dryer Hookup
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Full
Lot Features 
LevelCorner LotLandscaped
Patio And Porch 
Covered
Roof 
Shingle
View 
City
Waterview 
City
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Bonnyville
School District 
Colorado Springs 11
Schools
School District
Colorado Springs 11
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of The Cutting Edge: [email protected]



The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Copyright 2026
Last checked: 2026-05-21 07:39 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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