3991 E 121st, Thornton, CO 80241
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
3991 E 121st,Thornton, CO 80241
$1,400,000
- 2 Beds
- 2 Baths
- 1,244 sq. ft.
- Multi-family
- Active
Listed by: kayla schmitz
Office: compass - denver
MLS#:4732768
Source:ML
Price summary
- Price:$1,400,000
- Price per sq. ft.:$1,125.4
- Monthly HOA dues:$245
About this home
Prime 4-Unit Townhome Investment Opportunity
Multifamily gem in the heart of Thornton! These well-maintained 4-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:
2 units: 2 bed / 1.5 bath
2 units: 3 bed / 2 bath
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 Rate: 5-6%
Financials: Full rent roll and income verification available upon request...
Contact an agent
Home facts
- Year built:1997
- Subdivision & Development:Thornton Ridge Filing
- Listing ID #:4732768
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Basement Description:Unfinished
- Living area:1,244 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1997
- Building area:1,244 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:$1,400,000
- Price per sq. ft.:$1,125.4
- Tax amount:$2,438
Features and amenities
- Laundry features:In Unit
Parking
- Garage spaces:1
New listings near 3991 E 121st
- Coming Soon
$769,900Coming Soon5 beds 4 baths3,909 sq. ft.15001 Josephine, Thornton, CO 80602
MLS# IR1071681Listed by: EXP REALTY LLC - Coming Soon
$625,000Coming Soon4 beds 3 baths2,375 sq. ft.1121 E 132nd, Thornton, CO 80241
MLS# 4126836Listed by: NOOKHAVEN HOMES - Coming Soon
$630,000Coming Soon6 beds 4 baths3,164 sq. ft.12218 Adams, Thornton, CO 80241
MLS# 8275138Listed by: RE PROFESSIONALS LLC - Coming Soon
$775,000Coming Soon3 beds 3 baths2,521 sq. ft.13429 Lafayette, Thornton, CO 80241
MLS# 4392018Listed by: RE/MAX ALLIANCE - OLDE TOWN - New
$950,000Active2 beds 3 baths2,723 sq. ft.15786 Willow, Thornton, CO 80602
MLS# 1604702Listed by: DISTINCT REAL ESTATE LLC - New
$492,500Active4 beds 3 baths1,860 sq. ft.3543 E 140th, Thornton, CO 80602
MLS# 9491184Listed by: ANDY YOUNG REALTY - New
$135,000Active4 beds 2 baths1,404 sq. ft.9595 Pecos, Thornton, CO 80260
MLS# 4121692Listed by: REMAX INMOTION - New
$70,000Active2 beds 1 baths784 sq. ft.2100 W 100th, Thornton, CO 80260
MLS# 8146586Listed by: A REALTY INC. - New
$584,990Active4 beds 3 baths2,122 sq. ft.6642 E 148th, Thornton, CO 80602
MLS# 6410127Listed by: RE/MAX PROFESSIONALS - New
$55,000Active2 beds 1 baths960 sq. ft.9595 Pecos #317, Thornton, CO 80260
MLS# 4769573Listed by: COLORADO CASAS REALTY