Fort Morgan, CO 80701 300 Walnut St

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Presented By: Colorado Land Co. LLC; 9703702660
  • MLS# 1044229
  • 09/23/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 3,072

Home Details

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 that is currently available for easy showings. Each unit has received cosmetic updates, and the seller will be putting a fresh coat of paint on the exterior 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.
Presented By: Colorado Land Co. LLC; 9703702660

Interior Features for 300 Walnut St

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementPartial, Partially Finished
Fireplace Y/NNo
Heating Y/NYes

General for 300 Walnut St

AccessibilityLevel Lot, Low Carpet, Main Floor Bath, Main Level Bedroom
AppliancesElectric Range/Oven, Refrigerator
Architectural StyleRanch
Attached Garage No
Cap Rate8.45
CityFort Morgan
Construction MaterialsWood/Frame, Stucco
CoolingCeiling Fan(s)
CountyMorgan
ElectricElectric, City of FM
Elementary SchoolColumbine
ExclusionsTenants Personal Property
Garage Y/NNo
Gas Y/NNatural Gas, City of FM
Gross Income45803.4
HOANo
HeatingForced Air
High SchoolFort Morgan
High School DistrictFort Morgan RE-3
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet8250
Lot Size UnitsSquare Feet
MLS AreaMorgan
Middle/Junior High SchoolFort Morgan
Net Operating Income37593.64
New ConstructionNo
Number Of Units Total3
Operating Expense8209.76
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameG.R. Bakers Addition
Tax Annual Amount1141.76
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Virtual TourClick here
Year Built1900
ZoningR2

Exterior for 300 Walnut St

Exterior AmenitiesLighting
FencingFenced, Chain Link
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Corner Lot, Level
Lot Size Acres0.19
Lot Size Area8250
Other ParkingParking Per Unit(1 Space/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of FM
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Columbine Elementary School
Middle School Fort Morgan Middle School
High School Fort Morgan High School

Jon Holsten

Price $445,000
MLS#1044229
List Date 09/23/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
Visit My Website

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