3991 E 121st Ave, Thornton, CO

$1,400,000

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2

Beds

2

Baths

1,884

Square feet

About 3991 E 121st Ave

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

Features of 3991 E 121st Ave

MLS® # 4732768
Price $1,400,000
Bedrooms 2
Bathrooms 2.00
Square Footage 1,884
Year Built 1997
Type Residential Income
Status Active

Community Information

Address 3991 E 121st Ave
Area Thornton
Subdivision Thornton Ridge Filing
City Thornton
County Adams
State CO
Zip Code 80241

Amenities

Parking Spaces 1
Parking Attached
# of Garages 1
Garages Attached
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Stories Two

Exterior

Roof Composition
Construction Frame

School Information

District Adams CO. Dist 12
Elementary Stellar
Middle Century
High Mountain Range

Additional Information

Days on Market 182
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKayla Schmitz
OfficeCompass - Denver

Listing Map

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