3991 E 121st Avenue, Thornton, CO 80241

Thornton
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
3991 E 121st Avenue,Thornton, CO 80241
$1,950,000
  • 2 Beds
  • 2 Baths
  • 1,884 sq. ft.
  • Multi-family
  • Active
Listed by: kayla schmitzkayla.schmitz@compass.com,303-249-4118
Office: compass - denver
MLS#:4732768
Source:ML

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

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

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:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$1,035.03
  • Tax amount:$2,438 (2024)

Features and amenities

  • Laundry features:In Unit

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
MLS LogoBased on information submitted to the MLS GRID as of March 19, 2026 02:37 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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