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Thornton, CO 80241 3991 E 121st Ave

3991 E 121st Ave Thornton, CO - Image 13991 E 121st Ave Thornton, CO - Image 23991 E 121st Ave Thornton, CO - Image 3
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3991 E 121st Ave Thornton, CO - Image 43991 E 121st Ave Thornton, CO - Image 53991 E 121st Ave Thornton, CO - Image 63991 E 121st Ave Thornton, CO - Image 7
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  • MLS# 4732768
  • 02/11/2026
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  • SQFT • 1,884
  • Garage • 1

Home Details

Prime 5-Unit Townhome Investment OpportunityMultifamily 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 documentationEach 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
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Interior Features for 3991 E 121st Ave

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1244
BasementUnfinished
Below Grade Finished Area640

General for 3991 E 121st Ave

Assoc Fee Paid PerMonthly
Association NameThornton Ridge Townhomes
AttributionContactkayla.schmitz@compass.com, 303-249-4118
Cap Rate6
CityThornton
Construction MaterialsFrame
CoolingCentral Air
CountyAdams
Elementary SchoolStellar
ExclusionsTenant and seller personal property
Expected Active Date 2026-02-11
Garage Spaces1
HOAYes
HOA Fee$245
HeatingForced Air
High SchoolMountain Range
High School DistrictAdams CO. Dist 12
LevelsTwo
Living Area1244
MLS AreaMetro Denver
MLS Area MinorMetro5/NSC
Middle/Junior High SchoolCentury
New ConstructionNo
Number Of Units Total4
Patio/Porch FeaturesDeck
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameThornton Ridge Filing
Tax Annual Amount2438
Tax Year2024
Year Built1997

Exterior for 3991 E 121st Ave

Building Area Total1884
Other Parking1 Space/Unit
Parking FeaturesAttached
Total Parking1
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Mountain Range High School
Middle School Century Middle School
Elementary School Stellar Elementary School

Nathan Washam

Broker/Owner
Price $1,950,000
MLS#4732768
List Date 02/11/2026
Property Type Income
Phone 970.988.8295
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