$699,000

325 Circle Dr Fort Morgan, CO 80701

Estimated payment $3,958/month

8 Beds
8 Baths
3,840 Sq Ft
$182 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Balcony
  • Laundry in multiple locations
  • No HOA
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

Rare Investment Opportunity: Four-Unit Building in Fort Morgan, CO Address: • 323 Circle Drive, Fort Morgan, CO 80701 • Take advantage of this rare opportunity to invest in an income-generating building. Purchase building and live in one of the units (subject to existing tenant rights), and rent out the other units to help pay the mortgage. With attractive amenities and consistent income potential, this building is a solid addition to any investment portfolio. Property Highlights: • 4 units (2 main floor & 2 upper-level units). • Modern open floor plans with plenty of natural light. • Central air conditioning and newer vinyl windows in each unit. • Each unit boasts a full bath with a tiled shower and a master bedroom with a half bath. • Skylights in upper units and hallways for additional brightness. • Walk-out balconies for second-floor units and concrete patios for main-floor units. • Additional income from on-site coin-operated laundry machines. • 2 reserved parking spots per unit. Included in Sale: • (4) Ranges • (4) Refrigerators • (2) Coin-operated washing machines • (2) Coin-operated dryers This well-maintained property is perfect for investors looking to add a reliable, income-producing asset in a thriving community. Don't miss out on this exceptional opportunity!

Listing Agent

Darrel Aragon

Newmark Real Estate Company Brokerage Email: newmark11@mindspring.com,303-428-1907 License #001314749 Listed on: 11/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 2000

Lot Details

  • 8,185 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Traditional Architecture
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Range
  • Laundry in multiple locations

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Paved Parking

Outdoor Features

  • Balcony

Schools

  • Pioneer Elementary School
  • Fort Morgan Middle School
  • Fort Morgan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenants personal property
  • The owner pays for exterior maintenance, insurance, taxes, trash collection, water
  • Assessor Parcel Number 122907147003

Community Details

Overview

  • No Home Owners Association
  • Landmark & Triment Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $17,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,375

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 3840
  • Exclusions: Tenants personal property
  • Living Area: 3840
  • SubdivisionName: Landmark & Triment
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Tile, Vinyl
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: East
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick, Frame, Vinyl Siding
  • Exterior Features: Balcony

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 8
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 220 Volts
  • Laundry Features: Common Area, Multiple Locations
  • Security: Smoke Detector(s)

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: 17238

Schools

  • Middle Or Junior School: Fort Morgan

Lot Info

  • Parcel Number: 122907147003
  • Lot Size Acres: 0.19
  • Fencing: None
  • Building Area Total: 3840
  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 8185

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3375

MLS Schools

  • Elementary School: Pioneer
  • 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 For Sale $699,000 +141.0% $182 / Sq Ft
01/28/2019 01/28/19 Off Market $290,000 -- --
11/19/2015 11/19/15 Sold $290,000 -3.2% $76 / Sq Ft View Prior Sale
10/17/2015 10/17/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $299,500 -- $78 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 3907520

REcolorado®

APN: R016819