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!
Sold cren member
$464,900
631 N 1st Street, Montrose, CO 81401
3beds
1,788sqft
Stick Built
Built in 1936
7,840.8 Square Feet Lot
$466,400 Zestimate®
$260/sqft
$2,381 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 06, 2025 at 08:50am
Listed by:
Jennifer Johnson 610-850-5858,
NextHome Virtual
Bought with:
Doug Phillips
Norris-Phillips Real Estate, LLC
Mandy Powell
Norris-Phillips Real Estate, LLC
Source: CREN,MLS#: 822531

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Separate Dining
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
- Laundry: W/D Hookup
Features
- Pantry
- Flooring: Hardwood
- Windows: Window Coverings
- Basement: Basement-below grade
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,788
- Total interior livable area: 1,788 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Garage Door Opener
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping, Lawn Sprinklers
Lot
- Size: 7,840 sqft
Details
- Parcel number: 376727210011
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Stick Built
Materials
- Wood Frame
- Roof: Composition
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Montrose
- Subdivision: Other