$850,000
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562 E 1St Street, Durango, CO 81301

4 Beds
2 Baths
1,972 Sq Ft

Great opportunity for investors or for buyers looking for a large 2 story home downtown on the grid! Current configuration consists of two units, with the larger 1268 sf unit downstairs, and the smaller 704 unit upstairs. Downstairs there are 2 bedrooms, an office and one full bath, with a living room adjoining the dining room, which adjoins the large kitchen. Unit 1 has a bedroom in front, just off the living room, with the other bedroom and office in the back of the house, which opens to an enclosed back porch for storage and a huge fenced backyard. Unit 2 has a separate fenced side entrance to the staircase leading up to the unit. Here you will find a cozy 2 bedroom, 1 bath apartment. Both units have wood and tile flooring. There is a low maintenance metal roof, two storage sheds, and room to add off-street parking, with potential to add an additional unit or two to maximize your investment, subject to City of Durango guidelines and approval. The property borders the Parkside Terrace townhomes, and the upstairs unit is currently leased. There is so much potential here to add to an already great property in downtown Durango, in walking distance to the Animas River, Santa Rita Park, the dog park, and trails up to Fort Lewis College.

  • MLS# 830228
  • Date Listed12/02/2025
  • Days on Realty 9 Days
  • Bedrooms 4
  • Bathrooms 2 Full baths
  • Lot Size 0.19 acres (8,276 sq. ft)
  • Sewer Public Sewer
  • Subdivision Other
  • Property Type Duplex
  • County La Plata
  • Year Built 1931
  • Water Public
  • Square Feet 1,972 sq. ft
  • Price Per Sq. Ft $431.03

Interior Features

  • Appliances Refrigerator, Range, Oven
  • Flooring Carpet, Tile
  • Heating Natural Gas

Exterior / Lot Features

  • Roof Metal
  • Lot Size Acres 0.19
  • Lot Size SQFT 8,276.40
  • Lot Features -

Financial Considerations

  • Tax Amount $2,182
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CO / 81301

Source: Walkscore

18/100

Car-Dependent

Walk Score ®

50/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 29/100.

Property Change History

Agent added 31 new photos to the listing
031 photos
Property description updated with new details

Points of Interest near 562 E 1st Street, Durango, CO 81301

Frequently Asked Questions for 562 E 1st Street

Source: Realty.com

562 E 1st Street, Durango, CO 81301 is a Duplex, Residential Income property listed for $850,000 The property is 1972 sq. ft with 4 bedrooms and 2 bathrooms

Realty.com has 31 photos of 562 E 1st Street.

Our records indicate that 562 E 1st Street was built in 1931.

The full address for this home is 562 E 1st Street, Durango, CO 81301.

562 E 1st Street has been listed on Realty.com since Tue December 02, 2025

Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 29/100.

There are 3 schools assigned to this home. Check out the schools near 562 E 1st Street. Park Elementary School (Grades: PK - 5), Escalante Middle School (Grades: 6 - 8), Durango Big Picture High School (Grades: 9 - 12)

Listing provided courtesy of: The Wells Group Of Durango, Llc
Listing agent: Christine Serwe (#1451)

This content last refreshed on 2025-12-11 07:13:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 562 E 1st Street, Durango, CO 81301 : MLS# 830228