Residential · Active

1036 & 1038 S 1st

Montrose, CO 81403

3 Beds · 2 Baths · 1,648 Sq Ft

$639,000

Single Family

Property Type

0.14 acres

Lot Size

1910

Year Built

$388

Price per Sq Ft

2

Parking Spaces

839969

MLS #

About This Property

A truly turnkey investment opportunity in the heart of downtown Montrose! This charming property offers a 2-bedroom, 1-bath 856sf main home plus a 1-bedroom, 1-bath 792sf ADU above a detached 2-car garage. Both come fully furnished—including everything from the furniture to linens and dishes—creating an easy opportunity to live in one and rent the other or add to your investment portfolio immediately! The main home offers great character and comfort with a welcoming covered front porch, hardwood floors, a dedicated dining room, and a thoughtfully updated kitchen and bath.

A fully fenced backyard provides private outdoor space and the furnace and water heater, replaced in 2024, as well as the metal roof offer peace of mind. All appliances are included: gas range/oven, refrigerator, dishwasher, microwave, washer, and dryer. The fully furnished ADU provides an inviting retreat with its own full kitchen, ¾ bathroom and an abundance of natural light. An electric range/oven, refrigerator, dishwasher, microwave and stackable washer and dryer are also included.

With two separate living spaces, garage storage, and a downtown location convenient to local shops and dining, this property brings together charm, flexibility, and investment potential.

20 days on market

Listed by Shawn Carroll · NextHome Virtual · 970-258-9300

Last updated: 10/25/2026 1:39 AM · Source: Colorado Real Estate Network (CREN), MLS#: 839969

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $388
Subdivision None
MLS # 839969
Days on Market 20
Bedrooms 3
Three-Quarter Baths 2

More Details

Year Built 1910
Lot Size (Sq Ft) 6,229
Acres 0.143
Annual Taxes $0
Tax Year 2025
State CO
County Montrose

Interior

Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Hardwood, Tile
Appliances Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior & Parking

Garage Yes
Garage Spaces 2
Parking Features Detached, Garage Door Opener
Roof Composition, Metal

Building & Lot

Architectural Style Bungalow
Construction Wood Siding
New Construction No

Location

Price History

DateEventPrice
10/21/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #839969
$639,000 $388/sqft

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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“COPYRIGHT (2026) by COLORADO REAL ESTATE NETWORK” 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA

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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.

Listing information last updated October 25, 2026 at 1:39 AM.

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