5410 W 3rd, Denver, CO 80226

Denver
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
5410 W 3rd,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.
MLS#:7782631
Source:ML

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

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:1 Story

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
MLS LogoBased on information submitted to the MLS GRID as of October 27, 2026 06:02 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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