Welcome to 631 N. 1st St., a charming bungalow (with basement) in the heart of downtown Montrose, CO. This beautifully updated 3-bedroom, 2-bathroom home is just a short walk to the vibrant shops and restaurants of downtown. Originally a 2-bedroom, 1-bathroom home, it has been thoughtfully expanded to include a spacious master suite, a third bedroom, and an upstairs laundry closet with an "All-in-One" Washer/Dryer included. Enjoy the fresh look with new interior paint, refinished wood floors, and 2 1/2-inch faux blinds throughout. An additional 788 SF unfinished basement, with a newly installed Egress window, has a clean slate & is ready for your creative remodeling ideas for additional living space and as a bonus, has it's own separate entrance, offering endless potential—perfect for a short or long-term rental as additional income OR to be utilized as a Mother-in-Law Suite. The updates don’t stop inside – the home boasts a new roof, a new sewer line, and beautifully trimmed trees. The front yard features lush flower beds with a drip system, while sprinklers have been added for easy lawn care. The backyard is prepped with a valve box station, ready for your landscaping vision and has a freshly painted & updated garage. Also fair to note that this property is located in the opportunity zone, offering potential for an ADU (Accessory Dwelling Unit). With all of the new additions & upgrades and fresh opportunities, this home blends comfort, style, and functionality. Don’t miss the chance to own this move-in-ready gem with so much potential for growth! Make it yours today!
Pending
$464,900
631 N 1st St, Montrose, CO 81401
3beds
1,788sqft
Est.:
Single Family Residence
Built in 1936
7,840.8 Square Feet Lot
$464,400 Zestimate®
$260/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 1,277 |
- 85 |
Zillow last checked: 7 hours ago
Listed by:
Jennifer Johnson,
NextHome Virtual
Source: NextHome,MLS#: 822531

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Interior area
- Total structure area: 1,788
- Total interior livable area: 1,788 sqft
Video & virtual tour
Property
Lot
- Size: 7,840.8 Square Feet
Details
- Parcel number: 376727210011
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1936
Community & HOA
Location
- Region: Montrose
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $412,440
- Annual tax amount: $1,972
- Date on market: 4/2/2025
- Lease term: Contact For Details
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