$2,340,000

3991 E 121st Avenue, Thornton, CO 80241

  • 2 beds |
  • 2 baths |
  • 1,244 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $1,881/sqft
  • Property List Date Icon Listed 3 days ago

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

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 9:22PM
Listing Office:
Compass - Denver : 303-536-1786
Listing Agent:
Kayla Schmitz : 303-249-4118
MLS ID:
4732768
  • Laundry: In Unit
  • Basement: Unfinished
  • A/C: Central Air
  • Heating: Forced Air
  • Other Structures: Deck
  • Parking: Parking spaces: 1
  • Roofing: Composition
  • General: Two
  • HOA Amenities: 245.0Monthly
  • Originating MLS: recolorado
  • School District: Adams 12 5 Star Schl
  • County: Adams
  • Zoning: SUB:THORNTON RIDGE FILING NO 1 LOT:67R0026161
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Corporation/Trust
  • Exclusions: Tenant and seller personal property

This listing courtesy of Kayla Schmitz , Compass - Denver

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Stellar Elementary School

3901 E 124th Ave, Thornton, CO, 80241

Grades KG-5

0.38 miles away

C

Century Middle School

13000 Lafayette St, Thornton, CO, 80241

Grades 6-8

1.74 miles away

M

Mountain Range High School

12500 Huron St, Denver, CO, 80234

Grades 9-12

2.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.