562 E 1st Street
Durango, CO 81301
4 Beds
2 Baths
1,972 sqft
4 Beds
2 Baths
1,972 sqft
Local Information
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Description
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 Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
$380
Listed
168 days ago
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: 168 |
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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: $750,000Price Per Sqft: $380 |
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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 3 hours ago
Listing courtesy of Christine Serwe, (970) 749-9014
The Wells Group of Durango, LLC
Stuart Way
The Wells Group of Durango, LLC
Source: CREN, MLS#830228
Also Listed on CREN.
Price History for 562 E 1st Street
| Date | Price | Event | Source |
|---|---|---|---|
| 04/07/2026 | $750,000 | PriceChange | CREN #830228 |
| 01/31/2026 | $780,000 | PriceChange | CREN #830228 |
| 12/16/2025 | $799,000 | PriceChange | CREN #830228 |
| 12/02/2025 | $850,000 | Listed For Sale | CREN #830228 |
| 06/03/2024 | ListingRemoved | CREN #809638 | |
| 02/22/2024 | $885,000 | ListingRemoved | CREN #809638 |
| 12/05/2023 | $885,000 | Listed For Sale | CREN #809638 |
| 08/25/2008 | $470,000 | Sold | N/A |
| 02/01/2008 | $499,900 | Listed For Sale | Agent Provided |
| 06/10/2005 | $352,500 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,182 |
| Assessment | $900,270 |
Home facts updated by county records
Comparable Sales for 562 E 1st Street
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 | |
0.32 | Multi-Family Home | $860,000 | 07/10/25 | 5 | 1,847 |
Assigned Schools
These are the assigned schools for 562 E 1st Street.
- Durango High School
- 9-12
- Public
- 1369 Students
9/10GreatSchools RatingParent Rating AverageThey need to stop pushing their twisted agenda on our children.. Leave our children alone!Other Review2y ago - Park Elementary School
- PK-5
- Public
- 425 Students
7/10GreatSchools RatingParent Rating AverageMy son attended Park from 2nd grade to 5th grade, through COVID. Of course, in hindsight, I think everyone would approach those years of COVID differently now. But everyone did the best they could. My son fell behind during that period, but had caught up rather quickly with the help of everyone and the summer bridge program. I think that Park has excellent leadership in their VP and Principal, the teachers have been caring and kind, the support staff are truly exceptional and personable, always making me as a parent, feel heard. The emphasis on social emotional learning, is a huge plus, in this day and age. Academically, my son felt challenged, he received support when needed . The school has a welcoming community feel to it that parents and children really enjoy. Bullying and bad behavior were handled appropriately and with empathy. Diversity and equity were exemplified and discussed as part of the curriculum, something that made my son a better and more worldly person.We were very blessed to be a part of the Park community for four years. Thank you to all the dedicated teachers and staff that make Park a great place for children to learn and grow as human beings. You will be missed!Parent Review2y ago - Escalante Middle School
- 6-8
- Public
- 534 Students
6/10GreatSchools RatingParent Rating AverageUnfortunately, not all students are held to the same standards. We had multiple issues with other students being physical with my child, and they were more worried about taking care of their staff than addressing these problems. We have moved our child to a private school because of our experiences there.Parent Review9mo ago 
Check out schools near 562 E 1st Street.
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
90 % 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
73 % Say car is needed
69 % Say it's quiet
66 % 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 streets are well-lit
43 % Say it's walkable to grocery stores
34 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christine Serwe, The Wells Group of Durango, LLC
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.