$315,000
$15K PRICE DROP

1012 State St Fort Morgan, CO 80701

Estimated payment $1,754/month

Total Views 1,397
4 Beds
2 Baths
2,536 Sq Ft
$124 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Laundry Facilities
  • Private Yard
  • Forced Air Heating and Cooling System
  • 5-minute walk to Riverside Park

About This Home

This is a great investment opportunity for investors looking for steady cash flow and easy maintenance. 12 month leases through at least June 2026 on two units. New 12 month lease just signed for basement unit. Brand New furnace for the main and basement units, and the Upstairs unit has it's own brand new Mini Split Heating and A/C unit. Shared Laundry room. Main level tenant is a long term tenant with a new lease signed through June 2026. Current Property Manager/owner can continue managing the property if investors would like that. Owner/Agent sale. Property is being sold as is. Call or text with any questions!

Listing Agent

Kyle Henning

Mile High Real Estate LLC Brokerage Email: kyle@themilehighrealestate.com,303-653-6145 License #100097312 Listed on: 10/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1908

Lot Details

  • 7,000 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Private Yard

Home Design

  • Triplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Finished Basement

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Green Acres Elementary School
  • Fort Morgan Middle School
  • Fort Morgan High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • The owner pays for electricity, gas, insurance, taxes, trash collection, water
  • Assessor Parcel Number 122906109012

Community Details

Overview

  • No Home Owners Association
  • Fort Morgan Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $8,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 1576
  • Exclusions: Tenants Personal Property
  • Living Area: 2536
  • Directions: From I-76 take exit 80 onto County Road 52 (Main Street) heading South, 0.3 mi turn left (East) onto Fremont Ave, 350 ft turn right (South) onto State St, 50 ft the property will be on the left (East). Look for the Mile High Real Estate yard sign.
  • SubdivisionName: Fort Morgan
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • REC_ExpectedActiveDate: 2025-10-19
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 960

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, Stucco
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Other
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 8914

Schools

  • Middle Or Junior School: Fort Morgan

Lot Info

  • Parcel Number: 122906109012
  • Lot Size Acres: 0.16
  • Fencing: Full
  • Building Area Total: 2536
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 7000

Rental Info

  • Owner Pays: Electricity, Gas, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Internet, Telephone

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1130

MLS Schools

  • Elementary School: Green Acres
  • High School: Fort Morgan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Price Changed $315,000 -4.5% $124 / Sq Ft
10/19/2025 10/19/25 For Sale $330,000 +13.4% $130 / Sq Ft
06/03/2022 06/03/22 Sold $290,900 -6.9% $115 / Sq Ft View Prior Sale
04/21/2022 04/21/22 For Sale $312,500 -- $123 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 8182845

REcolorado®

APN: R007444