Turnkey investment opportunity in the heart of Colorado's high country! This fully remodeled duplex offers an ideal combination of rental income potential, flexibility, and mountain living. Situated on a spacious 8,712 sq ft lot, the property features two updated 1-bedroom, 1-bath units, each with a full kitchen, dining area, comfortable living space, and in-unit laundry. Both units are move-in ready, making this an excellent opportunity for long-term rentals, short-term rental potential, or an owner-occupant looking to live in one unit while renting the other to help offset the mortgage. A standout feature is the impressive 29' x 19' garage, offering room for multiple vehicles, RV storage, recreational equipment, or all the gear that comes with the Colorado lifestyle. Just minutes from historic downtown Leadville, you'll have easy access to restaurants, shops, and year-round outdoor recreation including hiking, biking, fishing, hunting, skiing, and mountain adventures. Whether you're building your investment portfolio, looking for an income-producing property, or searching for a mountain property with additional income potential, this versatile duplex is ready to deliver.
For sale
Price cut: $14K (8/6)
$635,000
601 Chestnut Street, Leadville, CO 80461
2beds
1,800sqft
Duplex
Built in 1993
8,712 Square Feet Lot
$626,000 Zestimate®
$353/sqft
$-- HOA
What's special
- 125 days |
- 174 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Sheryl Archuleta 720-298-6534 ArchuletaRealtyGroup@gmail.com,
HomeSmart
Source: REcolorado as distributed by MLS GRID,MLS#: 7932619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Description: Large Bedroo, Closet, Ceiling Fan With Lighting, Blinds,
- Level: Main
Bedroom
- Description: Large Bedroom, Over-Sized Walk-In Closet, Lighting, Luxury Vinyl Flooring
- Level: Main
Bathroom
- Description: Shower, Vanity With Lighting, Laminate Flooring
- Level: Main
Bathroom
- Description: Shower, Vanity, Lighting, Cabinets For Storage, Luxury Vinyl Flooring
- Level: Main
Dining room
- Description: Luxury Vinyl Flooring, Lighting
- Level: Main
Dining room
- Description: Luxury Vinyl Flooring, Lighting
- Level: Main
Family room
- Description: Luxury Vinyl Flooring, Ceiling Fan With Lighting
- Level: Main
Family room
- Description: Large Family Room, Ceiling Fan With Lighting, Luxury Vinyl Flooring
- Level: Main
Kitchen
- Description: Appliances To Include Refrigerator, Stove/Oven, Luxury Vinyl Flooring, Lighting
- Level: Main
Kitchen
- Description: Appliances To Include Refrigerator, Stove/Oven, Microwave Oven, Dishwasher, Luxury Vinyl Flooring
- Level: Main
Laundry
- Description: Stackable Full Size Washer And Dryer
- Level: Main
Laundry
- Description: Separate Space For Laundry Room, Cabinets, Luxury Vinyl Flooring, Lighting
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), No Stairs, Open Floorplan, Walk-In Closet(s)
- Flooring: Laminate, Vinyl
- Windows: Window Coverings
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
Property
Parking
- Total spaces: 4
- Parking features: Heated Garage, Insulated Garage, Oversized, Oversized Door, RV Garage, Storage, Tandem
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,712 Square Feet
- Features: Level
Details
- Parcel number: 263326114001
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Roof: Metal
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Radon Detector
- Subdivision: Leadville
HOA
- Has HOA: No
Location
- Region: Leadville
Financial & listing details
- Price per square foot: $353/sqft
- Tax assessed value: $685,172
- Annual tax amount: $4,942
- Date on market: 4/23/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Tenants Personal Property. Sellers Personal Property.
- Ownership: Individual
- Road surface type: Paved
Estimated market value
Zestimate®
$626,000
Estimated sales range
$595,000 - $657,000
Rent Zestimate®
$2,135/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $635,000-2.2%$353/sqft |
Source: | ||
| 7/23/2026 | Price change | $649,000-0.2%$361/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $650,000$361/sqft |
Source: | ||
| 5/5/2026 | Pending sale | $650,000$361/sqft |
Source: | ||
| 4/23/2026 | Listed for sale | $650,000+13%$361/sqft |
Source: | ||
| 8/21/2023 | Sold | $575,000-4.2%$319/sqft |
Source: | ||
| 7/17/2023 | Pending sale | $600,000$333/sqft |
Source: | ||
| 7/12/2023 | Listed for sale | $600,000+0.2%$333/sqft |
Source: | ||
| 6/26/2022 | Listing removed | -- |
Source: BHHS broker feed Report a problem | ||
| 5/10/2022 | Pending sale | $599,000$333/sqft |
Source: | ||
| 5/6/2022 | Listed for sale | $599,000+20%$333/sqft |
Source: | ||
| 1/1/2021 | Listing removed | -- |
Source: | ||
| 11/24/2020 | Listed for sale | $499,000$277/sqft |
Source: Re/Max Properties/69 #S1022464 Report a problem | ||
| 9/30/2020 | Pending sale | $499,000$277/sqft |
Source: Re/Max Properties/69 #S1022464 Report a problem | ||
| 9/17/2020 | Listed for sale | $499,000+20.2%$277/sqft |
Source: Re/Max Properties/69 #S1022464 Report a problem | ||
| 12/30/2019 | Sold | $415,000-1.2%$231/sqft |
Source: Public Record Report a problem | ||
| 10/21/2019 | Price change | $420,000-2.3%$233/sqft |
Source: Owner Report a problem | ||
| 7/18/2019 | Price change | $430,000-4.4%$239/sqft |
Source: Owner Report a problem | ||
| 6/29/2019 | Listed for sale | $450,000$250/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $48,304 +54.6% |
| 2024 | $3,265 | $31,254 |
| 2023 | -- | $31,254 +10.3% |
| 2022 | $3,374 +26% | $28,329 -4.9% |
| 2021 | $2,677 +1.5% | $29,787 +20.6% |
| 2020 | $2,637 -1.5% | $24,698 |
| 2019 | $2,677 +1.5% | $24,698 +70.3% |
| 2018 | $2,637 +128.2% | $14,502 |
| 2017 | $1,155 -23.1% | $14,502 -6.6% |
| 2016 | $1,503 -4.5% | $15,534 |
| 2015 | $1,574 | $15,534 -0.3% |
| 2014 | $1,574 | $15,575 |
| 2013 | -- | $15,575 |
| 2012 | -- | -- |
| 2011 | -- | $17,875 |
| 2010 | -- | $17,875 |
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.Climate risks
Neighborhood: 80461
Nearby schools
GreatSchools rating
- 4/10Lake County Middle SchoolGrades: 3-6Distance: 0.5 mi
- 3/10Lake County High SchoolGrades: 7-12Distance: 0.3 mi
- NAWestpark Elementary SchoolGrades: PK-2Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Westpark
- Middle: Lake County
- High: Lake County
- District: Lake County R-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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