562 E 1st Street
Durango, CO 81301
4 Beds
2 Baths
1,972 sqft
4 Beds
2 Baths
1,972 sqft
Home Highlights
Parking
Open Parking
Price/Sqft
$368
Listed
180+ days ago
Local Information
- Map ViewExplore the area around 562 E 1st Street.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Home Details for 562 E 1st Street
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1972 Square Feet |
Appliances & Utilities Appliances: Range, RefrigeratorRefrigerator |
Heating & Cooling No Cooling |
Windows, Doors, Floors & Walls Flooring: Carpet, Tile |
Levels, Entrance, & Accessibility Stories: 1Levels: One and One HalfFloors: Carpet, Tile |
View Has a ViewView: Mountain(s) |
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Exterior Home Features Roof: Metal |
Parking & Garage No CarportNo GarageHas Open ParkingParking: On Street,Paved |
Frontage Road Frontage: City/TownRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: City Sewer |
Farm & Range Does Not Include Irrigation Water Rights |
Finished Area Finished Area (above surface): 1972 |
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Days on Market: 180+ |
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Year Built Year Built: 1931 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: Stone, StuccoNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 566529329023 |
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Price List Price: $725,000Price Per Sqft: $368 |
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Direction & Address City: DurangoCommunity: Other |
School Information Elementary School: Park K-5Jr High / Middle School: Escalante 6-8High School: Durango 9-12 |
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Listing Agent Listing ID: 830228 |
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Building Area Building Area: 1972 Square Feet |
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No HOA |
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Lot Area: 8276.4 sqft |
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Listing Terms: Cash, Conventional |
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Mls Number: 830228Above Grade Unfinished Area: 1972 |
Last check for updates: about 12 hours ago
Listing courtesy of Christine Serwe, (970) 749-9014
Wells Group Real Estate
Stuart Way
Wells Group Real Estate
Source: CREN, MLS#830228
Also Listed on CREN.
Market trends in Durango
Last updated July 2026
Avg. sale price
$775K
$11.5KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$447
$2MoM
Available listings
391
6MoM
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 13, 2026 Source: CREN #830228 | PriceChange | $725,000 Price decreased by 3% |
Apr 7, 2026 Source: CREN #830228 | PriceChange | $750,000 Price decreased by 4% |
Jan 31, 2026 Source: CREN #830228 | PriceChange | $780,000 Price decreased by 2% |
Dec 16, 2025 Source: CREN #830228 | PriceChange | $799,000 Price decreased by 6% |
Dec 2, 2025 Source: CREN #830228 | Listed For Sale | $850,000 |
Jun 3, 2024 Source: CREN #809638 | ListingRemoved | |
Feb 22, 2024 Source: CREN #809638 | ListingRemoved | $885,000 |
Dec 5, 2023 Source: CREN #809638 | Listed For Sale | $885,000 |
Nov 8, 2008 Source: Agent Provided | ListingRemoved | $499,900 |
Aug 25, 2008 Source: N/A | Sold | $470,000 |
Feb 1, 2008 Source: Agent Provided | Listed For Sale | $499,900 |
Jun 10, 2005 Source: N/A | Sold | $352,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,182 | $900,270 |
Home facts updated by county records
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Home Value
Trulia Estimate
$688KSince last month
$0 (0%)Since last year
Decreased$277K (-28.7%)Since last sale
Increased$218K (+46.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +31% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $688K |
| July 2026 | $688K |
| June 2026 | $715K |
| May 2026 | $722K |
| April 2026 | $712K |
| March 2026 | $736K |
| February 2026 | $737K |
| January 2026 | $748K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.47 | Multi-Family Home | $850,000 | 03/05/26 | 6 | 4 | 2,132 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $640,000 | 2 | 2.5 | 1,272 | Recently Sold | |
0.04 | $614,000 | 2 | 2 | 1,272 | Off Market | |
0.04 | $590,000 | 2 | 2.5 | 1,272 | Recently Sold | |
0.04 | $721,300 | 3 | 2 | 1,396 | Off Market | |
0.04 | $580,000 | 2 | 2.5 | 1,272 | Recently Sold | |
0.04 | $679,900 | 2 | 2.5 | 1,272 | Off Market | |
0.04 | $575,000 | 2 | 2.5 | 1,272 | Recently Sold | |
0.06 | $869,400 | 3 | 1 | 1,389 | Off Market | |
0.08 | $649,100 | 2 | 2.5 | 1,272 | Off Market | |
0.07 | $886,300 | 4 | 2 | 2,080 | Off Market | |
0.11 | $675,600 | 2 | 1 | 752 | Off Market |
Around this home
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
91 % Say it's dog friendly
87 % Say there's wildlife
78 % Say people would walk alone at night
76 % Say kids play outside
74 % Say there's holiday spirit
74 % Say parking is easy
72 % Say car is needed
69 % Say it's quiet
67 % Say yards are well-kept
65 % Say there are sidewalks
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
43 % Say it's walkable to grocery stores
42 % Say streets are well-lit
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 562 E 1st Street
- What is the estimated monthly payment for 562 E 1st Street?Based on a $725,000 list price with 20% down at today's rates, the estimated monthly payment for 562 E 1st Street in Durango, CO is approximately $4,000 (about $3,768 principal & interest, $157 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 562 E 1st Street compare to homes in Durango?562 E 1st Street in Durango, CO is listed at $725,000, about 6% below the $775K median sale price in Durango.
- What do residents say about Durango?Residents describe Durango, CO as dog-friendly, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Durango, CO.
- What are the closest schools to 562 E 1st Street?The closest schools to 562 E 1st Street in Durango, CO are Durango High School (rated 9/10), Escalante Middle School (rated 6/10), Park Elementary School (Pre-K, rated 7/10).
- Does 562 E 1st Street have parking?Yes, 562 E 1st Street in Durango, CO has on-site parking.
Christine Serwe, Wells Group Real Estate
Agent Phone: (970) 749-9014
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
562 E 1st Street, Durango, CO 81301 is a 4 bedroom, 2 bathroom, 1,972 sqft multi-family built in 1931. This property is currently available for sale and was listed by CREN on Dec 2, 2025. The MLS # for this home is MLS# 830228.