Back to Search
Two-Unit Residential Income Duplex

562 E 1st Street Durango, CO 81301

562 E 1st Street, Durango, CO, 81301
$725,000
For Sale
$725,000

MULTI_FAMILY - Durango, CO

Property Size1,972 SF
Lot Size0.19 Acres
Price / SF$367.65
Days on Market8

Property Features for 562 E 1st Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
Size
1,972 SF
Lot size
0.19 Acres

Building Details

Year built
1931
Listing Agency Wells Group Real Estate
Durango, CO
Listed by Christine Serwe
Added: Jul 13 Checked: Jul 20 at 3:06 am
MLS# 830228 Listing URL

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-story duplex is currently configured as two separate units. The larger downstairs unit includes two bedrooms, an office, and one full bath, with a living room adjoining the dining room and a large kitchen. The upstairs unit is accessed via a separate fenced side entrance and includes two bedrooms and one bath.

Both units use wood and tile flooring. The property also features a low-maintenance metal roof, two storage sheds, and an enclosed back porch off the downstairs unit that can be used for storage. The downstairs unit opens to a huge fenced backyard.

The upstairs unit is currently leased, and there is room to add off-street parking. The property borders Parkside Terrace townhomes, and any expansion or additional units would be subject to City of Durango guidelines and approval.

Key Highlights

  • 1931‑built 2‑story home in downtown Durango on the grid with a current 2‑unit configuration.
  • Unit 1: 1,268 SF downstairs with 2 bedrooms, an office, 1 full bath, living room, dining room, large kitchen, and fenced backyard access.
  • Unit 2: 704 SF upstairs with 2 bedrooms and 1 bath; separate fenced side entrance to the stairway.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Store & Service (Bike/Boat/Book/etc) Store Mobile Phone Store Supermarket

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-story duplex with separate upstairs and downstairs units, each featuring wood and tile flooring.
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 $725,000.
What are key features of this property?
This property features: 1931‑built 2‑story home in downtown Durango on the grid with a current 2‑unit configuration.; Unit 1: 1,268 SF downstairs with 2 bedrooms, an office, 1 full bath, living room, dining room, large kitchen, and fenced backyard access.; Unit 2: 704 SF upstairs with 2 bedrooms and 1 bath; separate fenced side entrance to the stairway.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message