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3991 E 121st Ave, Thornton, CO 80241

Thornton
Local realty services provided by:CENTURY 21 Cornerstone
3991 E 121st Ave,Thornton, CO 80241
$1,950,000
  • 2 Beds
  • 2 Baths
  • 1,884 sq. ft.
  • Multi-family
  • Active
Listed by: kayla schmitz
Office: compass - denver303-536-1786
MLS#:4732768
Source:IRES

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$1,035.03
  • Monthly HOA dues:$245

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...

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Home facts

  • Year built:1997
  • Listing ID #:4732768
  • Added:144 day(s) ago
  • Updated:July 06, 2026 at 02:52 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Basement Description:Unfinished
  • Living area:1,884 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1997
  • Building area:1,884 sq. ft.
  • Construction Materials:Frame
  • Exterior Features:Deck
  • Levels:2 Story

Schools

  • High school:Mountain Range
  • Middle school:Century
  • Elementary school:Stellar

Utilities

  • Water:City
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$1,035.03
  • Tax amount:$2,438

Parking

  • Garage spaces:1
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