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Two-Unit Duplex with Fenced Yard
For Sale
$725,000

562 E 1st Street, Durango, CO 81301

A separate side entry serves the upstairs apartment, while the lower residence opens to an enclosed rear porch.

Property Size1,972 SF
Price / SF$367.65
Days on Market336

Property Features for 562 E 1st Street

General Information

Standard status Active
Size 1,972 SF
Property subtype Duplex

Units

Unit Mix 1 x 2BR/1BA+office (1268 sf), 1 x 2BR/1BA (704 sf)
Multifamily Units 2

Additional Details

Tenant in Place Yes

Amenities

storage sheds
enclosed back porch
fenced backyard

Building Details

Year Built 1931
Buildings 1
Stories 2
Listing Agency: Wells Group Real Estate
Listed By: Christine Serwe
Source: Avenuesboutiquerealestate
Added: Dec 2, 2025 Changed: Oct 30 Last Checked: Oct 30 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wells Group Real Estate

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Investment Insights

Based on property information with market context.

This 1,972-square-foot duplex, built in 1931, is arranged as two residences. The 1,268-square-foot lower unit has two bedrooms, an office, one full bath, and connected living and dining rooms alongside a large kitchen. An enclosed rear porch provides storage and leads to a fenced backyard. Upstairs, a 704-square-foot, two-bedroom, one-bath apartment is reached by a separate fenced side entrance. Both units have wood and tile flooring; the property also includes a metal roof and two storage sheds. The upper unit is currently leased.

The property is in downtown Durango, within walking distance of the Animas River, Santa Rita Park, a dog park, and trails leading to Fort Lewis College. It borders the Parkside Terrace townhomes.

Key Highlights

  • Two residences: 1,268‑square‑foot lower unit and 704‑square‑foot upper unit
  • Lower unit includes 2 bedrooms, an office, one full bath, and an enclosed rear porch
  • Upper apartment has 2 bedrooms, 1 bath, and a separate fenced side entrance

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A separate side entry serves the upstairs apartment, while the lower residence opens to an enclosed rear porch.
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 residences: 1,268‑square‑foot lower unit and 704‑square‑foot upper unit; Lower unit includes 2 bedrooms, an office, one full bath, and an enclosed rear porch; Upper apartment has 2 bedrooms, 1 bath, and a separate fenced side entrance
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