




3991 E 121st Avenue, Thornton, CO, 80241
About This Home
Prime 5-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: 5 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 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
Getting Around
Schools
Construction
Condition
- Year built: 1997
Materials
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,244
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 1,884
- Total interior livable area: 1,884 sqft
Property
Details
- Parcel number: R0026161
- Attached to another structure: Yes
- Special condition: Standard
- Exclusions: Tenant And Seller Personal Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
