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2 Beds
2 Baths
1,244 sqft

$1,400,000

3991 E 121st Ave, Thornton CO, 80241

Price per sqft$1,125.40
Built in1997
Property size1,244 sqft
Property typeResidential
Courtesy of Compass - Denver, Kayla Schmitz Listing Contact: [email protected],303-249-4118

Overview

Active

Listed Feb 11, 2026

Updated Aug 12

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

$9,314/mo

Est. mortgage payment based on a $1,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4732768

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$2,438
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
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Listings courtesy of Information and Real Estate Services, LLC (IRES) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:19 AM UTC on 8/12/2026. 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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