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5410 W 3rd Pl, Denver, CO 80226

Denver
Local realty services provided by:CENTURY 21 Cornerstone
5410 W 3rd Pl,Denver, CO 80226
$800,000
  • 8 Beds
  • 4 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.303-328-2000
MLS#:7782631
Source:IRES

Price summary

  • Price:$800,000
  • Price per sq. ft.:$266.67

About this home

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5410 W 3rd Pl, a stabilized four-unit multifamily investment located in Lakewood, Colorado. Offered at a 5.67% current cap rate with projected expansion to 6.68% in Year One, the property provides investors with measurable income growth through achievable rent normalization rather than speculative renovation execution. The property generates $44,213 in current NOI with projected growth to $55,092 in Year One, reflecting approximately 25% NOI expansion through loss-to-lease burnoff alone. The 100% two-bedroom unit mix features current rents averaging approximately $1,300 per month compared to modeled market rents of $1,600, creating a clear path to continued income growth while aligning with durable renter demand in one of West Denver's most established rental corridors. With strong commuter connectivity, limited small-scale multifamily supply, and visible NOI growth, 5410 W 3rd Pl represents a...

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Home facts

  • Year built:1962
  • Subdivision & Development:Neagle Addition
  • Listing ID #:7782631
  • Added:59 day(s) ago
  • Updated:October 23, 2026 at 04:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1962
  • Building area:3,000 sq. ft.
  • Levels:One

Schools

  • High school:Jefferson
  • Middle school:Alameda Int'l
  • Elementary school:Deane

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$266.67
  • Tax amount:$5,084

Parking

  • Garage spaces:6
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