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1036 & 1038 S 1st Street, 
Montrose, CO 81403

$639,000

3

Beds

2

Baths

1,648

Sq Ft

Single Family

Active

Listed by

Shawn Carroll

Nexthome Virtual

970-258-9300

Last updated:

October 25, 2026, 02:19 PM

MLS#

839969

Source:

CO CREN

About This Home

1036 & 1038 S 1st Street

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1910

Subdivision & Development:

None

Price Summary

639,000

$387 per Sq. Ft.

MLS #:

839969

Last Updated:

October 25, 2026, 02:19 PM

Added:

4 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,648 Sq. Ft.

Structure

Structure

Architectural Style:

Bungalow

Building Area:

1,648 Sq. Ft.

Year Built:

1910

Lot

Lot Size (Sq. Ft):

6,229

Finances & Disclosures

Finances

Price:

$639,000

Price per Sq. Ft:

$387 per Sq. Ft.

MLS Logo
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. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. 2026 by COLORADO REAL ESTATE NETWORK” 121 Park Avenue #4 MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHERS NOTE: All information is deemed reliable by is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal 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. CO CREN Member Broker: Kayden Hyson

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.