562 E 1st Street Durango, CO 81301

Building Details

Year Built

1931

Listing Agency Wells Group Real Estate c***@wellsgroupdurango.com Show Phone

Listed by Christine Serwe Show Phone

Source Exitrealty

Added: Dec 3, 2025 Updated: Jul 20 at 1:45 am Checked: Jul 20 at 1:45 am

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Investment Insights

Based on property information with market context.

This two-unit residential income property is configured as a two-story home on the grid with separate living arrangements. The larger downstairs unit includes two bedrooms, an office, one full bath, a living room adjoining the dining room, and a kitchen. It also features an enclosed back porch for storage and access to a huge fenced backyard. The upstairs unit is reached via a separate fenced side entrance to the staircase and includes two bedrooms and one bath.

Both units include wood and tile flooring. The property has a low-maintenance metal roof and two storage sheds. It also provides room to add off-street parking, with the possibility of adding an additional unit or two subject to City of Durango guidelines and approval.

The property borders Parkside Terrace townhomes, and the upstairs unit is currently leased. The location offers proximity to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.

Key Highlights

• Duplex built in 1931 with two units: 1,268 SF downstairs and 704 SF upstairs
• Downstairs unit features 2 bedrooms, an office, 1 full bath, living/dining space, and a large kitchen
• Upstairs unit is a 2‑bedroom, 1‑bath apartment with a separate fenced side entrance to the staircase

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FAQs

What type of property is this?

Duplex - Two-unit duplex with a downstairs 2-bedroom plan and an upstairs 2-bedroom apartment, plus storage sheds and fenced outdoor space.

Where is this duplex located?

The property is located at 562 E 1st Street Durango, CO.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Duplex built in 1931 with two units: 1,268 SF downstairs and 704 SF upstairs; Downstairs unit features 2 bedrooms, an office, 1 full bath, living/dining space, and a large kitchen; Upstairs unit is a 2‑bedroom, 1‑bath apartment with a separate fenced side entrance to the staircase