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Local Realty Service Provided By: Coldwell Banker Collegiate Peaks Realty

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720 S Prospect Street, 
Colorado Springs, CO 80903

$399,000

3

Beds

2

Baths

1,464

Sq Ft

Single Family

Coming Soon

Listed by

Thomas Kenney

Better Homes & Gardens Real Estate - Kenney & Co.

MLS#

9078272

Source:

ML

About This Home

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. 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!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1948

Subdivision & Development:

heyenne Add Colorado Spgs

Price Summary

399,000

$272 per Sq. Ft.

MLS #:

9078272

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,464 Sq. Ft.

Structure

Structure

Building Area:

1,464 Sq. Ft.

Year Built:

1948

Lot

Lot Size (Sq. Ft):

7,840

Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$272 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of September 4, 2026 02:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.