3991 E 121st Ave, Thornton, CO 80241
Local realty services provided by:CENTURY 21 Top Dog Properties
3991 E 121st Ave,Thornton, CO 80241
$2,340,000
- 2 Beds
- 2 Baths
- 1,884 sq. ft.
- Multi-family
- Active
Listed by: kayla schmitz
Office: compass - denver
MLS#:4732768
Source:IRES
Price summary
- Price:$2,340,000
- Price per sq. ft.:$1,242.04
- Monthly HOA dues:$245
About this home
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
Contact an agent
Home facts
- Year built:1997
- Listing ID #:4732768
- Added:1 day(s) ago
- Updated:February 12, 2026 at 11:28 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- 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.
Schools
- High school:Mountain Range
- Middle school:Century
- Elementary school:Stellar
Utilities
- Water:City
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,340,000
- Price per sq. ft.:$1,242.04
- Tax amount:$2,438
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