1037 N 1st St, Montrose, CO, 81401
About This Home
Charming Downtown Montrose Home - Walk to Everything! Discover this beautiful home in the heart of Downtown Montrose, Colorado, where convenience meets charm. Leave the car behind and bike or walk to schools, restaurants, shops, and the scenic Uncompahgre River Park — it's all just minutes from your doorstep. Hate spending weekends cleaning? No problem — this cozy home is perfectly sized for easy upkeep. Relax on the shaded covered porch, or transform the backyard into your own outdoor-living oasis. Whether you're a first-time buyer, investor, or downsize looking for the ultimate in low-maintenance living, this downtown gem checks all the boxes. Zoned Office-Residential — offering both residential comfort and potential business flexibility (check associated documents or the Montrose County website for details). Note: Unfinished basement square footage not included in total. This is the deal you've been waiting for — take a tour today and experience why Downtown Montrose homes are some of the most desirable in Western Colorado.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Roof: Composition
- Construction materials: Vinyl Siding,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Inside
Basement
- Has basement: Yes
- Basement: Unfinished,Crawl Space
Bedroom1
- Level: Main
- Area: 143
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bonus Room
- Level: Main
- Area: 77
Dining Room
- Level: Main
- Area: 130
Features
- Finished area below ground: 0
- Finished area above ground: 860
Full Bathroom
- Level: Main
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 860
- Total interior livable area: 860 sqft
Kitchen
- Level: Main
- Area: 117
Laundry
- Level: Main
- Area: 40
Living Room
- Level: Main
- Area: 169
Property
Details
- Parcel number: 376727214006
- Zoning: Multi
- Exclusions: Washer,Dryer
Lot
- Lot size: 6,098 sqft
- Features: Landscaped
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Inland Flooding
- Earthquake
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,657 | $19,884 |
| Home Insurance * | $85 | $1,020 |
| Property Taxes | $98 | $1,176 |
| Electricity | $186 | $2,232 |
| Total | $2,026 | $24,312 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-23 | Listed for sale | $327,777 |
| 2018-12-06 | Sold | $135,500 |
| 2018-10-17 | Pending sale | $134,900 |
| 2018-10-10 | Listed for sale | $134,900 |
For Sale by Agent
View on Zillow