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Fort Morgan, CO 80701 404 State St

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Presented By: ;
  • MLS# 9805993
  • 05/13/2026
  • Request Tour
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  • Beds • 6
  • Baths • 3
  • SQFT • 6,200
  • Garage • 4

Home Details

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.
Presented By: ;

Interior Features for 404 State St

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area6200
BasementUnfinished

General for 404 State St

AttributionContactamonette@pinnaclerea.com, 714-330-1436
Cap Rate7.57
CityFort Morgan
Construction MaterialsFrame
CountyMorgan
Elementary SchoolSherman
ExclusionsTenant's personal property.
Expected Active Date 2026-05-13
Garage Spaces4
Gross Income74760
HOANo
HeatingRadiant, Electronic Air Filter
High SchoolLincoln
High School DistrictFort Morgan RE-3
LevelsTwo
Living Area6200
MLS AreaMorgan
Middle/Junior High SchoolFort Morgan
Net Operating Income60163
New ConstructionNo
Number Of Units Total4
Operating Expense14507
Property TypeResidential Income
RoofOther
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameFort Morgan Original Town
Tax Annual Amount2029
Tax Year2025
Year Built1906

Exterior for 404 State St

Building Area Total6200
Lot Size Acres0.21
Lot Size Area9147
Other Parking2 Spaces/Unit
Parking FeaturesOff Street
Total Parking4
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Fort Morgan Middle School
Elementary School Sherman Elementary School
High School Lincoln High School

Nathan Washam

Broker/Owner
Price $795,000
MLS#9805993
List Date 05/13/2026
Property Type Income
Phone 970.988.8295
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