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230-228 S 2nd Street, Montrose, CO, 81401

1beds
2baths
2,001sqft
$499,000
$249price/sqft
$2,987/moest. monthly cost
$119,480/yrincome needed

About This Home

Built in 1895, this is one of the original homes in Montrose. This property has been lovingly cared for and carefully updated and maintained. The last 35 years it has been a combination of business and residence. The business on the main floor is 1520 ft. & was styling salon for many years that evolved into a little cottage retail store with room for classes and workshops. The main floor shows so much of the original character of the home with all the natural woodwork and rooms carefully preserved. There is a half bath, what was a bedroom , laundry, large pantry that works as an office, kitchen area, a dining room, living room, and the original parlor. This historic home has a covered back porch, ADA compliant entry and a privacy fenced backyard full of all the plants, flowers, herbs & trees one can only hope for. There is a one car detached garage originally known as a carriage house. Notice the back entrance off the alley and a very private entrance to the upstairs apartment. The originality, care and maintenance of the property continues to show in the apartment with a full bath featuring a footed, cast iron tub with shower, and original recessed linen drawers. the cozy, spacious one bedroom has beautiful sunlight streaming in from the large windows, a 10-+' closet and a second closet used for utility and washer. The kitchen has been beautifully updated with custom Maple cabinets and quartz countertops with every nook and cranny purposely useful. What a cozy place to come home to. An added feature is the “Mini-Split Heat Pump HVAC “ upstairs in the apartment and in the main floor. This property is two blocks from Historic Montrose Downtown, across the street from the library and Colorado University Montrose campus and a unique combination of commercial/business opportunity with residential in a perfect location.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

4/10
Pomona Elementary SchoolGrades K-50.6 mi
6/10
Centennial Middle SchoolGrades 6-80.7 mi
6/10
Montrose High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1895

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Microwave,Range Top,Range,Refrigerator,Washer
  • Laundry features: W/D Hookup

Basement

  • Has basement: Yes
  • Basement: Basement-dug out

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Other
  • Window features: Window Coverings,Wood Frames
  • Flooring: Hardwood,Laminate,Other
  • Finished area above ground: 2,001

Heating & Cooling

  • Heating features: Forced Air,Mini Split system,Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,001
  • Total interior livable area: 2,001 sqft

Property

Details

  • Parcel number: 376728416004
  • Zoning description: Commercial,Mixed-Use,Residential Single Family

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Landscaping
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 3,049 sqft
  • Features: Other
  • Lot size dimensions: 50 x 125

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport 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
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

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

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$129$1,548
Property Taxes $149$1,788
Electricity $186$2,232
Total$2,987$35,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,411/yr
40% on housing$89,610/yr
45% on housing$79,653/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$249This listing

vs Other Active Listings

Avg $/sqft

ZIP 81401$207
Montrose County$397

vs Homes Sold Last Month

Median $/sqft

ZIP 81401$265
Montrose County$258

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

DateEventPrice
2026-06-03Listed for sale$499,000

For Sale by Agent

AgentPeg Evanoika
BrokerageCENTURY 21 Elevated Real Estate

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