Welcome home to Madison Street - a charming, move-in ready home perfectly positioned in the heart of Colorado Springs. This inviting 2-bedroom, 1-bathroom home blends classic character with fresh, modern touches. From the moment you arrive, you'll appreciate the quaint curb appeal, welcoming front porch, and timeless exterior that sets the tone for what's inside. Step into a bright and airy living room filled with natural light, featuring beautiful hardwood floors, large windows, and a clean, neutral palette that creates a warm and comfortable space to relax or entertain. The kitchen offers a functional layout with ample cabinetry and workspace, seamlessly connecting to the main living area for easy everyday living. Both bedrooms are well-sized, with continued hardwood flooring and great natural light, while the lower-level space provides additional flexibility-perfect for a guest area, office, or bonus room. What truly sets this property apart is the lot. Sitting on a generously sized parcel, the backyard offers endless possibilities-whether you envision outdoor entertaining, gardening, or future expansion. With alley access and a detached 2-car garage, there's also incredible potential to add an ADU (Accessory Dwelling Unit), making this an ideal opportunity for additional income, multigenerational living, or long-term investment. Location is key, and this home delivers. Conveniently located near shopping, dining, and everyday essentials, plus just minutes from a nearby park, you'll enjoy easy access to outdoor recreation and all that Colorado Springs has to offer. Whether you're looking for your first home, an investment opportunity, or a property with room to grow, this one checks all the boxes with charm, space, and future potential.
Utility FeaturesElectricity Available, Cable Available
SEWERPublic Sewer
Year Built1924
BasementPartially Finished
FINISHED BASEMENT SIZE403.0
RoofComposition
Parking FeaturesDetached
Lot FeaturesOutbuildings
Garage spaces2
SUBDIVISIONNorth End
AREAOut of Area
TAX AMOUNT1289.0
LATEST UPDATE2026-04-27T16:51:14.173Z
DAYS ON MARKET28
PRICE CHANGE(S)
$399,000 Mar 31, 2026
$389,000 Apr 27, 2026
Market Trends
New Properties On Market
8,625
49%
Increase In New Listings
Average Asking Price
$750,222
$8,454 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$251
$40 Decrease In List Price/Sq. Ft.
Average Days On Market
8
21 Day
Decrease In Days On Market
Data as of May 05, 2026.
Remaining statistics above are calculated on activity within the period from Mar 01, 2026 to Apr 30, 2026.
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