Residential Income · Active

515 & 517 N 12th

Gunnison, CO 81230

2 Baths · 2,118 Sq Ft

$675,000

Duplex

Property Type

0.18 acres

Lot Size

1981

Year Built

$319

Price per Sq Ft

1

Parking Spaces

834199

MLS #

About This Property

Don’t miss this exceptional investment opportunity in the heart of Gunnison! Located at 515 & 517 N. 12th St., this well maintained duplex offers the perfect setup to live in one unit while generating income from the other. Unit 515 features 1,070 square feet of comfortable living space with 2 bedrooms and 1 bath.

This garden-level unit includes a beautifully remodeled bathroom finished with elegant marble tile. Unit 517 offers 1,048 square feet, also with 2 bedrooms and 1 bath, highlighted by an updated kitchen and a bathroom featuring travertine tile, a pedestal sink, and garden-level bedrooms for a cozy, private feel. Both units are equipped with their own washer and dryer, adding convenience for tenants or owner-occupants. The property totals 2,118 square feet and includes a detached garage with a one-car bay, while the other half has been converted into a dedicated storage space for tenant or owner use.

Additional features include a sprinkler system, off street and on street parking, and west facing decks for both units; perfect for enjoying Colorado sunsets. Ideally situated between local schools and close to an RTA bus stop and nearby walking trails. This location offers both convenience and lifestyle appeal. Each unit is separately metered for electricity, while the owner covers water and sewer.

Both units are currently rented, making this a turnkey investment with immediate income potential. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this Gunnison duplex is an opportunity you won’t want to pass up!

172 days on market

Listed by Joshua Townsend · The Clarke Agency · josh@clarkeagency.net

Last updated: 9/16/2026 10:30 AM · Source: Colorado Real Estate Network (CREN), MLS#: 834199

Property Details

Key Details

Property Type Residential Income
Sub Type Duplex
Status Active
Price per Sq Ft $319
Subdivision None
MLS # 834199
Days on Market 172
Full Baths 2

More Details

Year Built 1981
Lot Size (Sq Ft) 7,841
Acres 0.18
Annual Taxes $2,138
Tax Year 2025
State CO
County Gunnison
Zoning Residential Multi Family

Interior

Flooring Carpet, Laminate
Appliances Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior & Parking

Garage Yes
Garage Spaces 1
Parking Features Off Street, Detached, 1 per unit
Roof Metal

Building & Lot

Architectural Style Garden/Low Rise Apts
New Construction No

Terms & Other

Listing Terms 1031 Exchange, Cash, Conventional

Location

Price History

DateEventPrice
9/16/2026 Price change
Source: Colorado Real Estate Network (CREN) #834199
$675,000 -2.9% $319/sqft
5/22/2026 Price change
Source: Colorado Real Estate Network (CREN) #834199
$695,000 -4.1% $328/sqft
5/4/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #834200
—
5/1/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834199
$725,000 $342/sqft
4/30/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #834200
$725,000 $342/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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Listing information last updated September 16, 2026 at 10:30 AM.

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