This beautifully updated single-family home, set on a generous 9,200+ square-foot, 75-foot-wide lot, offers an incredible opportunity in the heart of downtown Durango. Zoned EN-MF for duplex-triplex use, this property is a prime investment or development prospect. Alternatively, enjoy the charm and convenience of living in the Avenues, with a spacious, rare lot walking distance from historic downtown. The exterior ofthe home features durable Hardie cement siding, installed in 2019. Inside, a bright, inviting interior showcases a thoughtfully updated kitchen and bathroom, new carpeting, modernized windows, fresh paint, and a cozy wood stove with a fan. The 1,389-square-foot layout exudes warmth with its beautifully refurbished vertical-grain Douglas Fir hardwood floors in the living room, a carefully designed kitchen with custom cabinetry, natural plaster finishes, slate tile, and in-floor radiant heat. The kitchen also boasts an island with bar seating, a new stainless steelrange, vent hood, and all-new appliances, including a washer and dryer. The property includes a detached, insulated 10x20 shed with 220v power—ideal for use as a workshop, storage, or a creative space for artists and hobbyists. Outdoors, there’s ample space for gardening, pets, and play, with easy access to the Horse Gulch and Animas River trails, as well as Fort Lewis, Park Elementary, and all downtown amenities.Tucked at the quiet end of 1st Street with minimal through traffic, this home is a cozy retreat with unmatched development potential—truly aone-of-a-kind find in downtown Durango!