404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
404 State ST, Fort Morgan, CO 80701
19
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$745,000
Est. payment /mo
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12 Beds
7 Baths
6,200 SqFt
Price Dropped by $50K

404 State ST Fort Morgan, CO 80701

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,200 sqft

Price per Sqft $120

Subdivision Fort Morgan Original Town

MLS Listing ID 9805993

Bedrooms 12

HOA Y/N No

Abv Grd Liv Area 6,200

Year Built 1906

Annual Tax Amount $2,029

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source recolorado

Property Description

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.

Location

State CO

County Morgan

Rooms

Basement Unfinished

Interior

Heating Electric, Radiant

Cooling Other

Fireplace N

Exterior

Parking Features Concrete

Roof Type Other

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Sherman

Middle Schools Fort Morgan

High Schools Lincoln

School District Fort Morgan Re-3

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Pinnacle Real Estate Advisors

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 500-3200

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TESTIMONIALS

Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!

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404 State ST