Ardee Imerman

Broker Associate
License#:

$1,400,000

3991 E 121st Ave, Thornton, CO 80241  (Sold on )

  • Price Reduced$550,000
  • Open House
  • New Listing
  • Coming Soon
  • 2 BedBeds
  • 2 BathBaths
  • 1,884 SqftSqft
  • TypeIncome Property
  • Active
  • MLS# 4732768
0 More Schedule

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

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Property Details

General

  • Subdivision: Thornton Ridge Filing
  • County: Adams
  • List Date: 02/11/2026
  • Expected Active Date: 02/11/2026
  • DOM: 217
  • Beds: 2
  • Baths: 2.00
  • Basement/Foundation: Unfinished
  • Year Built: 1997
  • New construction: NO
  • Sq Ft (total): 1884
  • Garage/Parking Spaces: 1
  • Garage Description: Attached
  • MLS#: 4732768

Interior Features

  • Heating: Forced Air
  • Cooling: Central Air

Exterior Features

  • Construction: Frame
  • Roof: Composition
  • Waterfront: NO

Schools

  • School District: Adams CO. Dist 12
  • Elementry: Stellar
  • Middle/Jr: Century
  • High School: Mountain Range

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $2438

Utilities

  • Water/Sewer: Public Sewer
  • Water: City
 

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