3991 E 121st Avenue, Thornton, CO 80241 (MLS # 4732768)
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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
| DAYS ON MARKET | 4 | LAST UPDATED | 2/11/2026 |
|---|---|---|---|
| TRACT | Thornton Ridge Filing | YEAR BUILT | 1997 |
| GARAGE SPACES | 1.0 | COUNTY | Adams |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Stellar |
|---|---|
| Jr. High School | Century |
| High School | Mountain Range |
| PRICE HISTORY | |
| Prior to Feb 11, '26 | $390,000 |
|---|---|
| Feb 11, '26 - Today | $2,340,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Frame |
| GARAGE | Yes |
| HEAT | Forced Air |
| HOA DUES | 245|Monthly |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Thornton Ridge Filing |
| TAXES | 2438 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Kayla Schmitz, Compass - Denver
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