404 State Street Fort Morgan, CO $ 795,000
404 State Street
$ 795,000
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404 State Street

Fort Morgan, CO, 80701
$ 795,000
Bedrooms12 Baths7.0 Sq 6,200

Monthly Estimate*

$ 4,895

Listed by Pinnacle Real Estate Advisors
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Multi-Family Home for sale in Fort Morgan, CO

for $795,000 with 12 bedrooms and 7 full baths. This 6,200 square foot home was built in 1906 on a lot size of 0.21.

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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Multi-Family Active

Price

$ 795,000

Bedrooms

12

Full Bath

7

Property Type

Multi-Family

Taxes

$ 2,029

Style

Quadruplex

Lot Size

0.21

Year Built

1906

Town/City

Fort Morgan

County/Region

Morgan

MLS | Web ID

9805993

Features
General
Sewer Public Sewer
Heating Electric Radiant
Cooling Other
Possession Closing/DOD
Roof Other
Garage Spaces 0
Construction Materials Frame
Exclusions Tenant's personal property.
Year Built 1906
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 74760
County Morgan
Operating Expense 14507
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Fort Morgan Original Town
Status Active
High School Lincoln
City Fort Morgan
Senior Community Y/N N
High School District Fort Morgan RE-3
Lot Size Units Square Feet
Lot Size Square Feet 9147
Carport Spaces 0
Listing Terms Cash Conventional Other
Elementary School Sherman
Tax Annual Amount 2029
Middle/Junior High School Fort Morgan
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Fort Morgan RE-3
Elementary School District Fort Morgan RE-3
Cap Rate 7.57
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Interior
Basement Unfinished
Common Walls 1 Common Wall
Basement (Y/N) N
Above Grade Finished Area 6200
Total Bedrooms 12
Total Baths 7
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Exterior
Parking Features Concrete
Total Parking 4
Lot Size Area 9147
Building Area Total 6200
Lot Size Acres 0.21
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 404
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(714) 330-1436

Phone

Affordability Calculator

$5,064
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3066857 Elementary School
3043950 Middle School
Lincoln High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$795,000 Listed Price

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404 State Street, Fort Morgan, CO, 80701 is a Multi-Family Home for sale at $795,000 with 6,200 sqft and a lot size of 0.21. 404 State Street has 12 bedrooms, 7.0 baths, and was built in 1906. The property's zip code is 80701 which is in Fort Morgan, CO