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Property profile & analytics
OFF-MARKET
Residential income homes

503 Deuel St Fort Morgan, CO 80701

1,871 SF Built 1910
Property ID
US13-0359682
Property summary
AI-generated overview

This charming 1910 Victorian home at 503 Deuel St, Fort Morgan, CO 80701, presents a unique investment opportunity. The property boasts 1,871 square feet across two units, situated on a spacious 5,250 square foot corner lot. The main house features four bedrooms and two bathrooms, showcasing original character with high ceilings and large rooms. Recent updates include a brand-new roof, a newer water heater, dishwasher, laminate flooring in the living and dining areas, and newer linoleum in the kitchen. A detached shop/garage provides additional storage space. The property's significant potential lies in its partially finished basement. This area includes plumbing and piping for a second kitchen, suggesting the possibility of converting it into a separate, conforming or unconforming, rental unit, creating a desirable up/down duplex configuration. The basement also has one, possibly two, unconforming bedrooms and a bathroom. Zoned RE-3, this property is ideal for a fix-and-flip or fix-and-hold strategy, offering strong potential for rental income or resale value after renovations. The asking price is $299,500. This is a rare chance to acquire a piece of Fort Morgan history with significant upside.

Property profile
Verified
Property type Residential income homes
Year built 1910
Total area 1,871 SF
APN R006666
UPID US13-0359682
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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