Two-Unit Duplex with Fenced
For Sale
$725,000
562 E 1st Street, Durango, CO 81301
MULTIFAMILY, Durango, CO
Property Size1,972 SF
Lot Size0.19 Acres
Price / SF$367.65
Days on Market53
Property Features for 562 E 1st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
From College Drive, turn south onto E 6th Avenue, go all the way to the end and turn right on 1st Street, property is on the left (south) side of 1st Street.
Standard status
Active
Size
1,972 SF
Lot size
0.19 Acres
Amenities
storage sheds
enclosed back porch
Building Details
Year built
1931
Listing Agency:
Wells Group Real Estate
(970) 259-6680
Listed By:
Christine Serwe
(970) 749-9014
Added: Jul 13
Changed: Aug 19
Last Checked: Sep 3 at 10:06AM
MLS# 830228
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Investment Insights
Based on property information with market context.
Built in 1931, this 1,972-square-foot duplex contains two distinct residences. The lower 1,268-square-foot unit offers two bedrooms, an office, one full bathroom, living and dining areas, a large kitchen, and access to an enclosed rear porch and fenced backyard. The upper 704-square-foot apartment includes two bedrooms and one bathroom, with its own fenced side entry and stairway. Wood and tile flooring are installed throughout the property.
Additional features include a metal roof, two storage sheds, and space for off-street parking. The upstairs residence is currently leased. The property is located on the downtown Durango grid, borders Parkside Terrace townhomes, and is within walking distance of the Animas River, Santa Rita Park, the dog park, and trails leading to Fort Lewis College. Adding one or two units may be possible subject to City of Durango guidelines and approval.
Additional features include a metal roof, two storage sheds, and space for off-street parking. The upstairs residence is currently leased. The property is located on the downtown Durango grid, borders Parkside Terrace townhomes, and is within walking distance of the Animas River, Santa Rita Park, the dog park, and trails leading to Fort Lewis College. Adding one or two units may be possible subject to City of Durango guidelines and approval.
Key Highlights
- Two‑unit duplex totaling 1,972 square feet
- Lower residence measures 1,268 square feet with 2 bedrooms, an office, and 1 full bathroom
- Upper 704‑square‑foot apartment has 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances and fenced outdoor areas support the existing two-unit layout.
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: Two‑unit duplex totaling 1,972 square feet; Lower residence measures 1,268 square feet with 2 bedrooms, an office, and 1 full bathroom; Upper 704‑square‑foot apartment has 2 bedrooms and 1 bathroom
