Duplex with New
New
For Sale
$360,000
619 E Kiowa Ave, Fort Morgan, CO 80701
Residential Income, Fort Morgan, CO
Property Size1,760 SF
Lot Size0.15 Acres
Price / SF$204.55
Days on Market5
Property Features for 619 E Kiowa Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
Patio and Porch features
Patio
Interior features
Eat-in Kitchen, Washer/Dryer Hookup
Exterior features
Sprinkler System
Appliances
Electric Range, Refrigerator
Subdivision
Thompsons Add
Lot features
Paved, Curbs, Gutters, Sidewalks, Alley
Elementary school
Sherman
Middle school
Fort Morgan
High school
Fort Morgan
Elementary school district
Fort Morgan RE-3
Middle school district
Fort Morgan RE-3
High school district
Fort Morgan RE-3
Standard status
Active
APN
122906418008
Size
1,760 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1356
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Number of units
2
Building materials
Frame, Stucco
Roof type
Composition
Additional Structures
Storage
Listing Agency:
eXp Realty LLC
(888) 440-2724
Listed By:
Lee Ann Samuels
(970) 441-0063
Added: Oct 10
Changed: Oct 12
Last Checked: Oct 14 at 11:06AM
MLS# 1070435
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,760-square-foot duplex contains two residences, each with 2 bedrooms, 1 full bathroom, and 880 square feet. Both units are currently rented. Exterior work includes stucco and a roof installed in 2026. The building dates to 1955 and has forced-air heating, composition roofing, and a sprinkler system. Each unit has an eat-in kitchen and washer/dryer hookups; electric ranges and refrigerators are also included.
The property occupies a 0.15-acre lot near a school in Fort Morgan. It has public water and sewer service, with natural gas available. Zoning is RES.
The property occupies a 0.15-acre lot near a school in Fort Morgan. It has public water and sewer service, with natural gas available. Zoning is RES.
Key Highlights
- Two‑unit duplex with 1,760 square feet total
- Each unit offers 2 bedrooms, 1 full bathroom, and 880 square feet
- Stucco exterior and new roof completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,665
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,300
$353.3K
Cap Rate 7%
$252,357
$252.4K
Cap Rate 9%
$196,278
$196.3K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$27.0K $15.36/SF
− Vacancy
−$1.8K −$1.02/SF
EGI
$25.2K $14.34/SF
− OpEx
−$7.6K −$4.30/SF
NOI
$17.7K $10.04/SF
Area
Morgan County, CO
Vacancy
6.65%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,300
Cap Rate 7%
$252,357
Cap Rate 9%
$196,278
Alternative Uses
Best Use
Multifamily LT 5
$252.4K
$220.8K – $294.4K
NOI $17,665 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$226.9K
$198.5K – $264.7K
NOI $15,880 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$515.3K
$450.9K – $601.2K
NOI $36,073 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
902
Businesses Nearby
Explore this area
Business Placement
Demographics for 80701, CO
16,101
Population
6,575
Households
2.4
Avg Household Size
35
Median Age
19%
College-Educated
84%
High-School Grad
616.5 sq mi
ZIP Area
26
Density / Sq Mi
$72,500
Median Household Income
$41,071
Median Earnings
$1,096
Median Rent
$318,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, and each includes a kitchen, washer/dryer hookups, and a patio.
Where is this duplex located?
The property is located at 619 E Kiowa Ave Fort Morgan, CO.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,760 square feet total; Each unit offers 2 bedrooms, 1 full bathroom, and 880 square feet; Stucco exterior and new roof completed in 2026
