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515 & 517 N 12th Street

Gunnison, CO 81230
  • $695,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 834199
$695,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,118
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1981
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Clarke Agency: 970-641-0511.


Description

Don’t miss this exceptional investment opportunity in the heart of Gunnison! Located at 515 & 517 N. 12th St., this well maintained duplex offers the perfect setup to live in one unit while generating income from the other. Unit 515 features 1,070 square feet of comfortable living space with 2 bedrooms and 1 bath. This garden-level unit includes a beautifully remodeled bathroom finished with elegant marble tile. Unit 517 offers 1,048 square feet, also with 2 bedrooms and 1 bath, highlighted by an updated kitchen and a bathroom featuring travertine tile, a pedestal sink, and garden-level bedrooms for a cozy, private feel. Both units are equipped with their own washer and dryer, adding convenience for tenants or owner-occupants. The property totals 2,118 square feet and includes a detached garage with a one-car bay, while the other half has been converted into a dedicated storage space for tenant or owner use. Additional features include a sprinkler system, off street and on street parking, and west facing decks for both units; perfect for enjoying Colorado sunsets. Ideally situated between local schools and close to an RTA bus stop and nearby walking trails. This location offers both convenience and lifestyle appeal. Each unit is separately metered for electricity, while the owner covers water and sewer. Both units are currently rented, making this a turnkey investment with immediate income potential. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this Gunnison duplex is an opportunity you won’t want to pass up!

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-09T23:56:24.36.
www.destinationdro.com/homes/176004288
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515 & 517 N 12th Street Gunnison, CO 81230

  • Price: $695,000
  • Status: Active
  • On Site: 100 Days
  • MLS #: 834199
0
Beds
2
Baths
0
½ Baths
0.18
Acres
2,118
SQFT
$328
$/SQFT
1981
Built
Neighborhood:
None
County:
Gunnison
Area:
Gunnison City
Elementary School:
Gunnison 1-5
Middle School:
Gunnison 6-8
High School:
Gunnison High 9-12
Property Description
Don’t miss this exceptional investment opportunity in the heart of Gunnison! Located at 515 & 517 N. 12th St., this well maintained duplex offers the perfect setup to live in one unit while generating income from the other. Unit 515 features 1,070 square feet of comfortable living space with 2 bedrooms and 1 bath. This garden-level unit includes a beautifully remodeled bathroom finished with elegant marble tile. Unit 517 offers 1,048 square feet, also with 2 bedrooms and 1 bath, highlighted by an updated kitchen and a bathroom featuring travertine tile, a pedestal sink, and garden-level bedrooms for a cozy, private feel. Both units are equipped with their own washer and dryer, adding convenience for tenants or owner-occupants. The property totals 2,118 square feet and includes a detached garage with a one-car bay, while the other half has been converted into a dedicated storage space for tenant or owner use. Additional features include a sprinkler system, off street and on street parking, and west facing decks for both units; perfect for enjoying Colorado sunsets. Ideally situated between local schools and close to an RTA bus stop and nearby walking trails. This location offers both convenience and lifestyle appeal. Each unit is separately metered for electricity, while the owner covers water and sewer. Both units are currently rented, making this a turnkey investment with immediate income potential. Whether you’re looking to expand your portfolio or offset your mortgage with rental income, this Gunnison duplex is an opportunity you won’t want to pass up!
Exterior Features

Acreage Range Less than 1/2 Carport No Garage Yes Garage Type Detached Garage Parking 1 per unitOff Street Parking Spaces 3 Property Attached Yes Roof Metal Siding Wood Stories Two Story Street Description City/TownPaved Style Garden/Low Rise Apts Views Mountains Water Well No Waterfront YN No

Interior Features

Appliance Inclusions DishwasherDryerRange/OvenRefrigeratorWasher Dining Kitchen/Dining Flooring CarpetLaminate Foundation Basement Concrete Heating Fuel Source Electric Baseboard Master Bedroom Level Lower Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Square Feet 1070 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Square Feet 1048

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Metered Metered for Electricity Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2025 Terms 1031 ExchangeCashConventional Total Electric Meters 2 Total Gas Meters 0 Total Taxes 2137.78 Total Water Meters 1 Type Duplex Unit1 Monthly Rent 1700 Unit2 Monthly Rent 1800 Water Rights No Water Sewer City Water Zoning Residential Multi Family

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-09T23:56:24.36.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of The Clarke Agency: 970-641-0511.