1221 & 1221 1/2 S 3rd Street, Montrose, CO 81401

Local realty services provided by:CENTURY 21 CapRock Real Estate
1221 & 1221 1/2 S 3rd Street,Montrose, CO 81401
$649,900
  • 4 Beds
  • 3 Baths
  • 2,474 sq. ft.
  • Single family
  • New
Listed by: jennifer johnson
Office: nexthome virtual970-258-9300
MLS#:839245
Source:CO_CREN

Price summary

  • Price:$649,900
  • Price per sq. ft.:$262.69

About this home

Two residences, three city lots, and an incredible location in the heart of Montrose! This unique property offers flexibility, income potential, and plenty of space; all within walking distance of Main Street, local restaurants and amenities. The main home features 1,817 square feet with 3 bedrooms and 2 bathrooms, while the separate 657 square-foot ADU offers its own bedroom, bathroom, living room, kitchen, and dining area. Together, the two residences provide a total of 2,474 square feet of living space. The detached guest house has a strong short term rental history, creating an excellent opportunity for an investor, 1031 exchange buyer, or owner-occupant looking to offset expenses with rental income. It also offers an ideal setup for multigenerational living, extended family, guests, or a private space for an adult child. Situated on three city lots, the property has seen numerous recent improvements, including a new roof in 2022, refrigerator and washer/dryer in 2023, and...

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Home facts

  • Year built:1912
  • Subdivision & Development:Other
  • Listing ID #:839245
  • Added:1 day(s) ago
  • Updated:September 22, 2026 at 04:46 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet-Partial, Hardwood
  • Dining Description:Separate Dining
  • Kitchen Description:Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Bedroom Description:On Main Level
  • Living area:2,474 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooler
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1912
  • Building area:2,474 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Contemporary
  • Exterior Features:Shed/Storage
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Montrose 9-12
  • Middle school:Centennial 6-8
  • Elementary school:Johnson K-5

Finances and disclosures

  • Price:$649,900
  • Price per sq. ft.:$262.69
  • Tax amount:$2,793

Features and amenities

  • Amenities:Gas Water Heater, Unfurnished
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