Date
Details
Price
Change
Source
4/18/2014
Sold
$287,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$795,000 New to Website
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1/19
Property Description
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.
Full Property Details
Full Property Details for 404 State St
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General
- Price: $795,000
- Taxes: $2,029 (2025)
- Status: Active
- Type: Multi-Family
- Source: MetroList_Colorado
- MLS ID: 9805993
- Updated: 5/13/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 4
- Parking Features: Concrete
Location
- County: Morgan
- Subdivision: Fort Morgan Original Town
School Information
- Elem School District: Fort Morgan RE-3
- Midd School District: Fort Morgan RE-3
- High School District: Fort Morgan RE-3
- Elementary School: Sherman
- Middle School: Fort Morgan
- High School: Lincoln
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Other
- Heating Type: Electric, Radiant
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Quadruplex
- Construction: Frame
- Basement Desc.: Unfinished
- Roof: Other
- Common Walls: 1 Common Wall
- Square Feet: 6,200
- Sq. Ft. Source: Public Records
- Living Area: 6,200 Sq. Ft.
- Year Built: 1906
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147
- Road Maintenance: Public Maintained Road
Financial Considerations
- Operating Expenses: Insurance, Utilities
- Tax Amount: $2,029
- Tax Year: 2025
- Terms: Cash, Conventional, Other
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: SUBD: FORT MORGAN ORIGINAL TOWN, FM BLOCK: 11 LOT: 10
- Exclusions: Tenant's personal property.
- Property ID: 122906411014
Listed by Pinnacle Real Estate Advisors
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Listing agent
— 404 State St —
Pinnacle Real Estate Advisors
amonette@pinnaclerea.com,714-330-1436
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 404 State St
School District:Fort Morgan School District Re-3
| Name | Grades | Distance |
|---|---|---|
Sherman Early Childhood Center 300 Sherman Street, Fort Morgan, CO 80701 | PK-K | 0.5 mi |
Fort Morgan Middle School 605 Education Avenue, Fort Morgan, CO 80701 | 6-8 | 1 mi |
Lincoln High School 230 Walnut Street, Fort Morgan, CO 80701 | 9-12 | 0.5 mi |
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 404 State St
Tax History
Tax History for 404 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,029
14%
$24,080
9%
2024
$1,774
-1%
$22,160
-14%
2023
$1,799
-51%
$25,840
-42%
2021
$3,639
95%
$44,350
95%
2022
$1,864
-49%
$22,740
20%
2021
$3,639
127%
$18,970
—
2019
$1,602
16%
$18,970
18%
2018
$1,382
—
$16,130
—
2017
$1,384
-1%
$16,130
-1%
2016
$1,404
1%
$16,220
—
2015
$1,384
37%
$16,220
40%
2014
$1,012
3%
$11,570
—
2013
$983
—
$11,570
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 404 State St
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404 State Street, Fort Morgan, CO 80701 (MLS# 9805993) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 404 State Street is currently listed for $795,000 and was received on May 13, 2026. Want to learn more about 404 State Street? 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.