Property
ActiveResidential
1/19
$745,000

404 State Street

Fort Morgan, CO 80701
12
Beds
7
Baths
6,200
SqFt
0.21
Acres
RECOLORADO
#9805993
Updated: Jun 29, 2026, 6:45pm

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.

Property Details

Interior
Above Grade Finished Area
6200
Basement
Unfinished
Building Area Total
6200
Cooling
Other
Heating
ElectricRadiant
Living Area
6200
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Common Walls
1 Common Wall
Construction Materials
Frame
Levels
Two
Livable Structure Count
Yes
Roof
Other
Structure Type
Quadruplex
Year Built
1906
Site & Exterior
Lot Size Acres
0.21
Lot Size Area
9147
Lot Size Square Feet
9147
Lot Size Units
Square Feet
Offstreet Spaces
4
Parking Features
Concrete
Parking Total
4
Road Responsibility
Public Maintained Road
Sewer
Public Sewer
Financials
Contract Earnest Check To
Title Company
Exclusions
Tenant's personal property.
Lease Expiration
2027-05-13
Ownership
Individual
Parcel Number
122906411014
Special Listing Conditions
None
Tax Annual Amount
2029
Tax Legal Description
SUBD: FORT MORGAN ORIGINAL TOWN, FM BLOCK: 11 LOT: 10
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
School Of Choice
Yes
Senior Community
No
Subdivision Name
Fort Morgan Original Town
Schools
Ratings
Elementary
Sherman
Middle
Fort Morgan
High
Lincoln
Elem. District
Fort Morgan RE-3
Middle District
Fort Morgan RE-3
High District
Fort Morgan RE-3
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 29, 2026, 6:45pm.
Andy Monette

Listing Agent

Pinnacle Real Estate Advisors

Call Agent