Two-Unit Residential Income
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
(970) 259-6680
Durango, CO
Listed by
Christine Serwe
(970) 749-9014
Added: Jul 13 Checked: Jul 20 at 3:06 am
MLS# 830228
Listing URL
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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.
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
Similar For Sale Nearby
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.