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.
Active
Price cut: $30K (4/7)
$750,000
562 E 1st Street, Durango, CO 81301
4beds
1,972sqft
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
- 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#: 830228
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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
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $750,000-3.8%$380/sqft |
Source: | ||
| 1/31/2026 | Price change | $780,000-2.4%$396/sqft |
Source: | ||
| 12/16/2025 | Price change | $799,000-6%$405/sqft |
Source: | ||
| 12/2/2025 | Listed for sale | $850,000-4%$431/sqft |
Source: | ||
| 6/3/2024 | Listing removed | -- |
Source: | ||
| 2/22/2024 | Listing removed | $885,000$449/sqft |
Source: | ||
| 12/5/2023 | Listed for sale | $885,000+88.3%$449/sqft |
Source: | ||
| 8/25/2008 | Sold | $470,000-6%$238/sqft |
Source: Public Record Report a problem | ||
| 2/1/2008 | Listed for sale | $499,900+41.8%$253/sqft |
Source: NCI #595138 Report a problem | ||
| 6/10/2005 | Sold | $352,500$179/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $25,090 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Park Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Escalante Middle SchoolGrades: 6-8Distance: 2.7 mi
- 9/10Durango High SchoolGrades: 9-12Distance: 1.8 mi
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.
- Colorado
- La Plata County
- Durango
- 81301
- 562 E 1st Street





