3991 E 121st Avenue

Property Description

Prime 4-Unit Townhome Investment Opportunity

Multifamily gem in the heart of Thornton! These well-maintained 4-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:
2 units: 2 bed / 1.5 bath
2 units: 3 bed / 2 bath
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 portfolio 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

$1,400,000

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.

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Thank you

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

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