1012 State St Fort Morgan, CO 80701
Estimated payment $1,798/month
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
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
- Shingle Roof
- 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
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,623 | $19,260 | $2,500 | $16,760 |
| 2024 | $1,623 | $14,110 | $2,130 | $11,980 |
| 2023 | $1,130 | $17,790 | $2,680 | $15,110 |
| 2022 | $961 | $11,720 | $2,570 | $9,150 |
| 2021 | $1,011 | $12,320 | $2,700 | $9,620 |
| 2020 | $949 | $11,260 | $2,570 | $8,690 |
| 2019 | $951 | $11,260 | $2,570 | $8,690 |
| 2018 | $870 | $10,150 | $2,070 | $8,080 |
| 2017 | $871 | $10,150 | $2,070 | $8,080 |
| 2016 | $771 | $8,900 | $1,790 | $7,110 |
| 2015 | $759 | $8,900 | $1,790 | $7,110 |
| 2014 | $702 | $8,020 | $1,430 | $6,590 |
| 2013 | -- | $8,020 | $1,430 | $6,590 |
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®
MLS Number: 8182845
APN: R007444
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Ask me questions while you tour the home.