Listed by Kalin Kelleher of Schulz Realty LLC
Two Homes, Endless Possibilities in the Heart of Alamosa! Welcome to this unique investment opportunity featuring two homes on one property, perfect for multi-generational living or generating rental income! 631 2nd Street: Originally built in 1931, this charming home offers flexible living with two separate spaces. The main level features 2 bedrooms and 1¾ bathrooms, while the upstairs unit, accessible through a private exterior entrance, includes 1 bedroom and 1 bathroom. Use them as individual rentals or open the interior door to enjoy one spacious home. 120 San Juan Avenue: The second home offers a cozy 2 bedroom and 1 bathroom, plus an upstairs bonus area currently closed off that could be transformed into a great office, playroom, or extra storage. A two-car detached garage with additional storage space upstairs adds even more value and functionality. The property also features established grass with a sprinkler system and beautiful mature trees. With the potential for three separate rental units, this property is ideal for someone looking to live in one home and rent out the others, or create a convenient mother-in-law setup. Centrally located in the heart of Alamosa, you’ll enjoy quick access to schools, shopping, dining, and more. Don’t miss out on this rare opportunity, properties with this much versatility don’t come around often!

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The data on this site was last updated June 5, 2026

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