404 State Street, Fort Morgan, CO 80701
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
404 State Street,Fort Morgan, CO 80701
$745,000
- 12 Beds
- 7 Baths
- 6,200 sq. ft.
- Multi-family
- Active
Listed by: andy monette
Office: pinnacle real estate advisors
MLS#:9805993
Source:ML
Price summary
- Price:$745,000
- Price per sq. ft.:$120.16
About this home
This four-unit multifamily property located at Fort Morgan offers a compelling opportunity for investors seeking stable asset, with positive cash flow, in a growing regional market. The asset benefits from spacious units and consistent rental demand driven by the area’s agricultural, industrial, and service-based employment base. Its manageable size allows for efficient operations while still providing scale beyond single-family rentals. With strong housing demand in the area, the property presents both immediate income and long-term value appreciation.
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Home facts
- Year built:1906
- Subdivision & Development:Fort Morgan Original Town
- Listing ID #:9805993
Rooms and interior
- Bedrooms:12
- Total bathrooms:7
- Basement:Yes
- Basement Description:Unfinished
- Living area:6,200 sq. ft.
Heating and cooling
- Heating:Electric, Radiant
Structure and exterior
- Year built:1906
- Building area:6,200 sq. ft.
- Lot area:0.21 Acres
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Lincoln
- Middle school:Fort Morgan
- Elementary school:Sherman
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$745,000
- Price per sq. ft.:$120.16
- Tax amount:$2,029 (2025)
Parking
- Total parking spaces:4
- Parking description:Concrete Driveway
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