Two Homes, Endless Possibilities in the Heart of Alamosa! Welcome to this unique investment opportunity featuring two homes on one property, perfect for multi-generational living or generating rental income! 631 2nd Street: Originally built in 1931, this charming home offers flexible living with two separate spaces. The main level features 2 bedrooms and 1¾ bathrooms, while the upstairs unit, accessible through a private exterior entrance, includes 1 bedroom and 1 bathroom. Use them as individual rentals or open the interior door to enjoy one spacious home. 120 San Juan Avenue: The second home offers a cozy 2 bedroom and 1 bathroom, plus an upstairs bonus area currently closed off that could be transformed into a great office, playroom, or extra storage. A two-car detached garage with additional storage space upstairs adds even more value and functionality. The property also features established grass with a sprinkler system and beautiful mature trees. With the potential for three separate rental units, this property is ideal for someone looking to live in one home and rent out the others, or create a convenient mother-in-law setup. Centrally located in the heart of Alamosa, you’ll enjoy quick access to schools, shopping, dining, and more. Don’t miss out on this rare opportunity, properties with this much versatility don’t come around often!
Active
$419,000
631 Second St, Alamosa, CO 81101
3beds
1,766sqft
Stick Built
Built in 1931
0.25 Acres Lot
$397,900 Zestimate®
$237/sqft
$-- HOA
What's special
Beautiful mature treesTwo-car detached garageUpstairs bonus areaTwo separate spacesAdditional storage spaceFlexible living
- 310 days
- 109
- 6
Zillow last checked:
Listing updated:
Listed by:
Kalin Kelleher C:719-588-7506,
Schulz Realty LLC
Source: CREN,MLS#: 829455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Heating
- Hot Water Baseboard
Interior area
- Total structure area: 1,766
- Total interior livable area: 1,766 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Features
- Levels: One and One Half,One
- Stories: 1
Lot
- Size: 0.25 Acres
Details
- Additional structures: Garage(s), Guest House
- Parcel number: 541310201006
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Materials
- Wood Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Internet, Natural Gas Connected, Phone - Cell Reception
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Alamosa
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $373,287
- Annual tax amount: $1,315
- Date on market: 10/23/2025
Estimated market value
$397,900
$378,000 - $418,000
$1,713/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Price change | $419,000-2.3%$237/sqft |
Source: | ||
| 10/23/2025 | Listed for sale | $429,000$243/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,316 -2.5% | $23,330 +8.6% |
| 2024 | $1,349 +6.3% | $21,481 -1% |
| 2023 | $1,269 -2.8% | $21,689 +31.4% |
| 2022 | $1,305 | $16,505 |
| 2021 | -- | $16,505 +9.5% |
| 2020 | $1,213 -0.3% | $15,078 |
| 2019 | $1,217 -2.4% | $15,078 -0.7% |
| 2018 | $1,248 -0.2% | $15,183 |
| 2017 | $1,250 -2.8% | $15,183 -3.3% |
| 2016 | $1,285 | $15,697 |
| 2015 | -- | $15,697 +4.9% |
| 2014 | -- | $14,970 |
| 2013 | -- | $14,970 -6.8% |
| 2012 | -- | $16,059 |
| 2010 | -- | $16,059 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81101
Nearby schools
Schools provided by the listing agent
- Elementary: Alamosa K-5
- Middle: Ortega 6-8
- High: Alamosa 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





