5109 E 34th Avenue, Denver, CO 80207

Denver
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
5109 E 34th Avenue,Denver, CO 80207
$600,000
  • 7 Beds
  • 3 Baths
  • 2,650 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:3061847
Source:ML

Price summary

  • Price:$600,000
  • Price per sq. ft.:$226.42

About this home

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5109 E 34th Ave, a stabilized three-unit multifamily investment located in Denver’s North Park Hill neighborhood. Offered at $600,000, the property provides investors with an attractive 5.97% current cap rate with projected expansion to 6.75% in Year One, combining strong in-place cash flow with meaningful organic income growth. The property generates $35,816 in current NOI with projected growth to $40,477 in Year One, representing approximately 13% NOI expansion. The diversified unit mix consists of one 1 Bed / 1 Bath, one 2 Bed / 1 Bath, and one 4 Bed / 1 Bath unit, providing exposure to multiple renter profiles within a single small-scale multifamily investment. Below-market rents on portions of the property create a clear path to additional income through natural lease rollover rather than significant capital investment. Located in North Park Hill with convenient access to Downtown Denver, City...

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Home facts

  • Year built:1959
  • Subdivision & Development:Neagle Addition
  • Listing ID #:3061847

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Living area:2,650 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1959
  • Building area:2,650 sq. ft.
  • Lot Features:Level
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:East
  • Middle school:Denver Discovery
  • Elementary school:Denver Green

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$226.42
  • Tax amount:$3,449 (2025)

Parking

  • Total parking spaces:3
MLS LogoBased on information submitted to the MLS GRID as of September 16, 2026 02:39 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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