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300 Walnut St, Fort Morgan, CO 80701

  • $435,000

  • bed

  • bath

Multi-family for sale 87 days
$5K price drop
Movoto is helping 6 homebuyers near you

About 300 Walnut St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 8,276 Sqft
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.
Listed by
Listing Agent - Daniel Woodring
Listing Agent Contact: 9703702660
Listing Office - Colorado Land Co. LLC
Source: IRESMLS mls logo
MLS#1044229 • last updated 4 days ago
Movoto checked IRESMLS for data 5 minutes ago
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Overview
Cooling/AC Ceiling Fan(s)
Heating Forced Air
Levels/Style One
Virtual Tour External Link
MLS # 1044229
Type Residential Income
Status Active
SubType Multi Family
Lot Size (Acres) 0.19
Annual Tax 1141.76
Interior
Basement Partial, Partially Finished
Accessibility Features Level Lot, Low Carpet, Main Floor Bath, Main Level Bedroom
Exterior
Roof Composition
Construction Frame, Stucco
Lot Features Corner Lot, Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Fencing Fenced, Chain Link
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity City Of FM
Water Source City
Appliances Electric Range, Refrigerator
Location
View City
County Morgan
Subdivision G.R. Bakers Addition
Middle School Fort Morgan
High School District Fort Morgan RE-3
APN 122906314010
Multifamily Details
Tenant Pays Deposit, Gas, Electricity
Total # of Units 3
Cap Rate 8.1
Operating Expense 8209.76
Income Includes Lease/Rents
Gross Income 43475.4
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
Road Surface Asphalt
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3/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Neighborhood

Explore everything this neighborhood has to offer.
65/100
Walk
92/100
Family
19/100
Dining
64/100
Pet
  • Real Estate
  • CO
  • Morgan County
  • Fort Morgan
  • 80701
  • 300 Walnut St

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