Price Reduction
Listed By:
HomeSmart;
Address
601 Chestnut Street, Leadville, CO
Price
$ 624,900
Property Attributes
  • MLS#7932619
  • TypeSingle Family
  • Listing Status Active
  • CountyLAKE
  • CityLeadville
  • NeighborhoodLeadville
  • Zip80461
  • StyleDuplex
  • Year Built1993
  • Taxes$ 4942
  • Price$ 624,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1800
  • Lot Size0.2 Acres
Data Source:
REColorado (MTOMLS)
Property Description

***Motivated Seller***Turnkey duplex investment opportunity in the heart of Leadville! This fully remodeled property offers two separate 1-bedroom, 1-bath units, making it a versatile option for investors, owner-occupants, or anyone looking for a mountain property with income potential. Each unit is move-in ready and features its own full kitchen, dining area, comfortable living space, and in-unit laundry. Live in one unit and rent the other, rent both units as long-term rentals, or explore short-term rental potential, subject to local regulations. Sitting on a spacious 8,712 sq ft lot, the property also features a 29' x 19' oversized garage—a rare and valuable amenity in Leadville. There is plenty of room for multiple vehicles, recreational equipment, bikes, skis, tools, or all the gear that comes with Colorado mountain living. Located just minutes from historic downtown Leadville, you'll have easy access to local restaurants, shops, and year-round recreation including hiking, biking, fishing, hunting, skiing, and exploring the surrounding high country. Whether you're looking to add an income-producing property to your portfolio, house-hack while building equity, or own a versatile mountain property with rental potential, this duplex offers flexibility in a market where properties with multiple income streams and substantial garage space are hard to find.

Elementary School Middle School High School
Westpark Elementary School Lake County Middle School Lake County High School
Price History
4/22/2026 Listed $650,000
7/23/2026 1$649,000
8/6/2026 3$635,000
9/3/2026 2$624,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Metal
Appliances Convection Oven,Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
Zoning R1
Garage Spaces 4
Security Features Carbon Monoxide Detector(s),Radon Detector
Construction Materials Frame,Vinyl Siding
Exclusions Tenants Personal Property. Sellers Personal Property.
Year Built 1993
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Individual
County Lake
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Leadville
Status Active
High School Lake County
City Leadville
Senior Community Y/N No
High School District Lake County R-1
Lot Size Units Square Feet
Lot Size Square Feet 8712
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Elementary School Westpark
Tax Annual Amount 4942
Middle/Junior High School Lake County
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Lake County R-1
Elementary School District Lake County R-1

Interior Features

Interior Amenities Ceiling Fan(s),No Stairs,Open Floorplan,Walk-In Closet(s)
Flooring Laminate,Vinyl
Furnished Y/N Unfurnished
Common Walls 1 Common Wall
Basement (Y/N) No
Window Features Window Coverings
Above Grade Finished Area 1800
3/4 Baths 2
Laundry Features In Unit
Total Bedrooms 2
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 2

Exterior Features

Parking Features Finished Garage,Heated Garage,Insulated Garage,Oversized,Oversized Door,RV Garage,Storage,Tandem
Lot Features Level
Water Source Public
Total Parking 4
Lot Size Area 8712
Building Area Total 1800
Lot Size Acres 0.2
Road Surface Type Paved
Road Frontage Type Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 80461

Price
AVG $690K
$620K
Taxes
AVG $5,512
$4,942
Year Built
AVG 1955
1993
Visits
AVG 51
143
Data Provided by Inside Real Estate®

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