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$400,000
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Property Description
Don't miss this opportunity to own a triplex with strong rental potential in a convenient location. The property includes 300 Walnut, a spacious 3-bedroom, 2-bath home; 521 W Kiowa Ave, a comfortable 2-bedroom, 1-bath unit; and 519 W Kiowa Ave, a cozy 1-bedroom, 1-bath unit. Each unit has received cosmetic updates, and the exterior has a fresh coat of paint to enhance curb appeal. Each unit features separate utilities, giving tenants control over their own usage while the landlord covers water, sewer, and trash. With a mix of unit sizes, this property appeals to a broad tenant base and offers stable income potential. For those looking to house hack, this triplex is ideal: live in one unit while renting out the others to significantly offset your mortgage or even generate positive cash flow. Whether you're a first-time buyer wanting to build equity or an investor seeking a solid return, this property offers flexibility and financial upside. Conveniently located near schools, shopping, and local amenities, this triplex is a smart investment with room to maximize returns.
Full Property Details
Full Property Details for 300 Walnut St
General
- Sold For: $400,000
- Taxes: $1,141 (2024)
- Status: Closed
- Type: Multi-Family
- Source: IRES
- MLS ID: 1044229
- Added to Site: 336 day(s) ago
Interior
- Appliances: Electric Range, Refrigerator
Parking
- Total Spaces: 3
Location
- Area: Fort Morgan
- County: Morgan
- Subdivision: G.R. Bakers Addition
School Information
- School District: Fort Morgan RE-3
- Elementary School: Columbine
- Middle School: Fort Morgan
- High School: Fort Morgan
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Gas: City of FM
- Sewer: Public Sewer
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Construction: Frame, Stucco
- Exterior Const.: Frame, Stucco
- Basement: Yes
- Basement Desc.: Partial, Partially Finished
- Roof: Composition
- Square Feet: 3,072
- Sq. Ft. Source: Assessor
- Year Built: 1900
Lot Features
- Property View: City
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,250
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Fence: Yes
- Lot Features: Corner Lot, Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
- Potential Use: Multi-Family
- Permitted Use: Multi-Family
- Zoning: R2
- Fencing (Description): Fenced, Chain Link
Financial Considerations
- Operating Expenses: $8,209.76
- Tax Amount: $1,141
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: Deposit, Gas, Electricity
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Tenants Personal Property
- Property ID: 122906314010
Listed by Colorado Land Co. LLC (970) 370-2660
Sold by Wheeler Realty Co LLC (970) 380-8562
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Schools
Schools serving 300 Walnut St
School District:Fort Morgan School District Re-3
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 300 Walnut St
Date
Details
Price
Change
Source
7/24/2026
Sold
$400,000
-8.05%
MLS
4/21/2026
Price Reduced
$435,000
-1.14%
MLS
3/09/2026
Price Reduced
$440,000
-1.12%
MLS
9/23/2025
Listed
$445,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
300 Walnut St, Fort Morgan, CO 80701 (MLS# 1044229) is a Multi-Family property that was sold at $400,000 on July 24, 2026. Want to learn more about 300 Walnut St? Do you have questions about finding other Multi-Family real estate for sale in Fort Morgan? You can browse all Fort Morgan real estate or contact a Coldwell Banker agent to request more information.

