3991 E 121st Avenue

Property Description

Prime 6-Unit Townhome Investment Opportunity

Multifamily gem in the heart of Thornton! This well-maintained 6-units within the Thornton Ridge townhome complex offers a balanced mix of spacious layouts and strong rental performance, ideal for both seasoned investors and newcomers seeking reliable cash flow.

Property Breakdown:
6 units: 2 bed / 1.5 bath townhomes
Current rents: $2,100-$2,400 per month
Cap rate: 5-6%, with potential upside through light updates and rent optimization
Strong rental history: Consistent occupancy and long-term tenants. Seller can provide full rental history and detailed income documentation

Each home features comfortable living spaces, well maintained finishes in varying levels of updates, and private outdoor areas.

Whether you're looking to expand your portfolio or enter the Denver metro multifamily market, this property offers immediate cash flow, proven stability, and future growth potential.

Current Rents: $2,100-$2,400/month
Cap Rate: 5-6%
Financials: Full rent roll and income verification available upon request

Overview

Property Status

For Sale

MLS ID

4732768

Property Type

Multi-Family

Year Built

1997

Are you interested?

Schedule a Tour

Kayla Schmitz

(303) 249-4118 [email protected]

Features & Amenities

Total Area

1,884 Sq.Ft.

Stories

Garage Spaces

1.0

Water Source

Public

Roof

Composition

Heat Type

Forced Air

Air Conditioning

Central Air

Laundry Room

In Unit

Sewer

Public Sewer

Elementary School

Stellar

Middle School

Century

High School

Mountain Range

School District

Adams 12 5 Star Schl

Sales Price

$2,340,000

Real Estate Tax

$2,438/yr

HOA

$245/mo

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

In Person

Via Video Chat

Your full name*

Your Phone*

E-mail Address*

Middle Name

I agree to be contacted by Kayla Schmitz via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Change time

Thank you

for your interest in 3991 E 121st Avenue, Thornton, CO 80241

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

BROWSE Active Listings

Featured Properties

Active Under Contract
$4,650,000

2045 S Cook Street, Denver, CO 80210
- 6 Beds
- 7 Baths
- 8,274 Sq.Ft.
For Sale
$2,340,000

3991 E 121st Avenue, Thornton, CO 80241
- 2 Beds
- 2 Baths
- 1,884 Sq.Ft.
Pending
$975,000

3630 Kalamath Street, Denver, CO 80211
- 3 Beds
- 4 Baths
- 1,961 Sq.Ft.
Active Under Contract
$975,000

3636 Kalamath Street, Denver, CO 80211
- 3 Beds
- 4 Baths
- 1,961 Sq.Ft.
For Sale
$975,000

3638 Kalamath Street, Denver, CO 80211
- 3 Beds
- 4 Baths
- 1,961 Sq.Ft.
Active Under Contract
$970,000

3628 Kalamath Street, Denver, CO 80211
- 3 Beds
- 4 Baths
- 1,939 Sq.Ft.
For Sale
$725,000

5419 Allison Street Unit: F, Arvada, CO 80002
- 3 Beds
- 3 Baths
- 1,839 Sq.Ft.
For Sale
$699,000

1236 Quitman Street, Denver, CO 80204
- 3 Beds
- 4 Baths
- 1,759 Sq.Ft.
For Sale
$525,000

1256 Yates Street, Denver, CO 80204
- 2 Beds
- 3 Baths
- 1,625 Sq.Ft.
Active Under Contract
$450,000

2805 W Davies Drive, Littleton, CO 80120
- 2 Beds
- 2 Baths
- 1,572 Sq.Ft.
For Sale
$445,000

7725 W 90th Drive, Westminster, CO 80021
- 2 Beds
- 3 Baths
- 1,774 Sq.Ft.
Pending

$24,900,000

6000 County Road 43 1/2, Hudson, CO 80642
For Sale
$24,500,000

1355 S Cherryvale Road, Boulder, CO 80303
- 5 Beds
- 8 Baths
- 6,968 Sq.Ft.
For Sale

$23,000,000

1400 N Manila Road, Bennett, CO 80102
For Sale
$20,500,000

1027 14th Street, Boulder, CO 80302
- 23,162 Sq.Ft.
For Sale

$20,000,000

10443 Tomahawk Road, Parker, CO 80138
For Sale
$19,850,000

12 Lynn Road, Cherry Hills Village, CO 80113
- 7 Beds
- 12 Baths
- 23,060 Sq.Ft.
For Sale
$18,000,000

3 Cherry Hills Park Drive, Cherry Hills Village, CO 80113
- 5 Beds
- 10 Baths
- 22,416 Sq.Ft.
For Sale

$17,500,000

13500 Pine Drive, Parker, CO 80138
For Sale
$17,500,000

6686 Jay Road, Boulder, CO 80301
- 4 Beds
- 4 Baths
- 7,832 Sq.Ft.
For Sale
$17,250,000

706 Juniper Avenue, Boulder, CO 80304
- 7 Beds
- 10 Baths
- 9,800 Sq.Ft.
For Sale
$16,750,000

222 Greystone Road, Evergreen, CO 80439
- 7 Beds
- 8 Baths
- 25,896 Sq.Ft.
For Sale

$15,000,000

670 Rooney Road, Golden, CO 80401
For Sale
$14,500,000

801 Yosemite Street, Denver, CO 80230
- 69,811 Sq.Ft.
For Sale

$14,000,000

3535 N Harback Road, Bennett, CO 80102
For Sale
$14,000,000

1151 Timber Lane, Boulder, CO 80304
- 5 Beds
- 5 Baths
- 4,348 Sq.Ft.
For Sale
$13,875,000

1327 Weaver Drive, Boulder, CO 80302
- 5 Beds
- 5 Baths
- 8,479 Sq.Ft.
For Sale
$13,875,000

470 Weaver Drive, Boulder, CO 80302
- 5 Beds
- 7 Baths
- 8,479 Sq.Ft.
For Sale
$13,875,000

79 Weaver Drive, Boulder, CO 80302
- 5 Beds
- 5 Baths
- 8,479 Sq.Ft.
For Sale
$12,000,000

3621 21st Street, Boulder, CO 80304
- 4 Beds
- 5 Baths
- 7,099 Sq.Ft.
For Sale
$12,000,000

1400 E Oxford Lane, Cherry Hills Village, CO 80113
- 7 Beds
- 10 Baths
- 16,151 Sq.Ft.
For Sale
$11,900,000

228 Lion Point, Boulder, CO 80302
- 7 Beds
- 6 Baths
- 5,926 Sq.Ft.
For Sale

$11,500,000

Manila, Bennett, CO 80102
For Sale
$10,995,000

9356 Cherrywood Trail, Littleton, CO 80127
- 7 Beds
- 13 Baths
- 14,693 Sq.Ft.
For Sale
$10,950,000

1530 Timber Lane, Boulder, CO 80304
- 5 Beds
- 5 Baths
- 7,016 Sq.Ft.
For Sale
$10,500,000

1757 Whistlepig Lane, Broomfield, CO 80020
- 6 Beds
- 10 Baths
- 11,698 Sq.Ft.
For Sale
$10,000,000

3633 21st Street, Boulder, CO 80304
- 7 Beds
- 5 Baths
- 6,988 Sq.Ft.
For Sale
$10,000,000

640 S 68th Street, Boulder, CO 80303
- 5 Beds
- 7 Baths
- 10,720 Sq.Ft.
For Sale

$9,999,000

7400 S Parker Road, Foxfield, CO 80016
For Sale
$9,995,000

10811 Shadow Pines Road, Parker, CO 80138
- 7 Beds
- 8 Baths
- 6,962 Sq.Ft.
For Sale
$9,980,000

2158 Tamarack Avenue, Boulder, CO 80304
- 5 Beds
- 5 Baths
- 7,254 Sq.Ft.
For Sale
$9,785,000

185 Steele Street Unit: 510, Denver, CO 80206
- 3 Beds
- 5 Baths
- 3,723 Sq.Ft.
For Sale
$9,500,000

440 Japonica Way, Boulder, CO 80304
- 5 Beds
- 5 Baths
- 5,244 Sq.Ft.
For Sale
$9,375,000

64057 US Highway 285, Bailey, CO 80421
- 2 Beds
- 3 Baths
- 4,000 Sq.Ft.
For Sale

$9,249,400

0 Tipple Parkway, Frederick, CO 80530
For Sale

$9,000,000

SWC 144th Ave & Chambers Rd, Brighton, CO 80601
Pending
$8,850,000

12565 Picadilly Road, Commerce City, CO 80022
- 6 Beds
- 13 Baths
- 16,269 Sq.Ft.
For Sale
$8,795,000

4040 E Forbes Court, Greenwood Village, CO 80121
- 6 Beds
- 10 Baths
- 14,748 Sq.Ft.
For Sale
$8,750,000

700 Utica Avenue, Boulder, CO 80304
- 4 Beds
- 4 Baths
- 4,578 Sq.Ft.
For Sale
$8,500,000

2610 E Cedar Avenue, Denver, CO 80209
- 5 Beds
- 7 Baths
- 8,075 Sq.Ft.