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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!
| LAST UPDATED | 5/1/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 1981 | COMMUNITY | Gunnison City |
| GARAGE SPACES | 1.0 | COUNTY | Gunnison |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Gunnison 1-5 |
|---|---|
| Jr. High School | Gunnison 6-8 |
| High School | Gunnison High 9-12 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Dryer, Oven, Range, Refrigerator, Washer |
|---|---|
| AREA | Gunnison City |
| BASEMENT | Concrete, Yes |
| CONSTRUCTION | Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric |
| LOT | 7841 sq ft |
| PARKING | Off Street |
| STORIES | 2 |
| STYLE | Garden/Low Rise Apts |
| SUBDIVISION | None |
| TAXES | 2137.78 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | Residential Multi Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with The Clarke Agency
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.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 5/15/26 10:06 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
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