Skip main navigation
Active
  • Price cut: $30K (4/7)
    $750,000

    562 E 1st Street, Durango, CO 81301

    4beds
    1,972sqft
    : 
    Loading
    Get pre-qualified
    Duplex
    Built in 1931
    -- sqft lot
    $732,900 Zestimate®
    $380/sqft
    $-- HOA

    What's special

    Huge fenced backyardSeparate fenced side entranceLow maintenance metal roofTwo storage shedsWood and tile flooringLarge kitchen
    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.
    213 days
    |
    693
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Serwe 970-749-9014,

    The Wells Group of Durango, LLC,

    Stuart Way,

    The Wells Group of Durango, LLC

    Source: CREN,MLS#: 830228MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Range, Refrigerator
      Features
      • Flooring: Carpet, Tile
      Interior area
      • Total structure area: 1,972
      • Total interior livable area: 1,972 sqft
      • Finished area above ground: 1,972

      Property

      Parking
      • Parking features: On Street, Paved
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 8,276 Square Feet
      Details
      • Parcel number: 566529329023
      • Zoning description: Residential Multi Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Stone, Stucco
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1931

      Utilities & green energy

      • Sewer: City Sewer
      • Water: City Water

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Durango

      Financial & listing details

      • Price per square foot: $380/sqft
      • Tax assessed value: $900,270
      • Annual tax amount: $2,979
      • Date on market: 12/2/2025
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $732,900

        $696,000 - $770,000

        $1,633/mo

        Price history

        DateEventPrice
        4/7/2026Price change$750,000-3.8%$380/sqft
        Source: CREN #830228 Report a problem
        1/31/2026Price change$780,000-2.4%$396/sqft
        Source: CREN #830228 Report a problem
        12/16/2025Price change$799,000-6%$405/sqft
        Source: CREN #830228 Report a problem
        12/2/2025Listed for sale$850,000-4%$431/sqft
        Source: CREN #830228 Report a problem
        6/3/2024Listing removed--
        Source: CREN #809638 Report a problem
        2/22/2024Listing removed$885,000$449/sqft
        Source: CREN #809638 Report a problem
        12/5/2023Listed for sale$885,000+88.3%$449/sqft
        Source: CREN #809638 Report a problem
        8/25/2008Sold$470,000-6%$238/sqft
        Source: Public Record Report a problem
        2/1/2008Listed for sale$499,900+41.8%$253/sqft
        Source: NCI #595138 Report a problem
        6/10/2005Sold$352,500$179/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,182 +17.5%$56,270 +11.2%
        2024$1,856 +16.8%$50,620
        2023$1,589 -2.6%$50,620 +29.5%
        2022$1,631 $39,090 -4.9%
        2021-- $41,100 +4.2%
        2020$1,517 +12.4%$39,450
        2019$1,350 $39,450 +6.2%
        2018$1,350 $37,160
        2017$1,350 +2.3%$37,160 +1%
        2016$1,320 +17.5%$36,800
        2015$1,124 $36,800 +11.1%
        2014-- $33,110
        2013-- $33,110 -4%
        2012-- $34,480
        2011-- $34,480 -5.4%
        2010-- $36,440 +2.6%
        2009-- $35,500 +14.3%
        2008-- $31,060
        2007-- $31,060 +23.8%
        2005-- $25,090

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81301

        Getting around

        60 / 100
        Somewhat Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Park K-5
        • Middle: Escalante 6-8
        • High: Durango 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel