$2,340,000

3991 E 121St Ave, Thornton, CO 80241

1,244 sq ft

Listed by Compass - Denver, Kayla Schmitz
kayla.schmitz@compass.com, 303-249-4118

Status: Active

MLS® #4732768

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

QUICK OVERVIEW

Built in 1997
$1,881 / Sq Ft
Central Air
Forced Air
24 Days on website

INTERIOR

HOA FEATURES

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Kayla Schmitz

Listing Office Compass - Denver, 303-536-1786

Updated Saturday, March 7, 2026 at 7:34:36 PM

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NEIGHBORHOOD

About the Thornton Neighborhood

The character of Thornton is exemplified by its relaxed atmosphere. This part of the Greater Denver metropolitan area is especially quiet, as the streets tend to be very tranquil. Finally, numerous locations within the city have reasonably good access to green spaces, such as -1, since there are over 100 of them nearby for residents to enjoy.

Learn more about Thornton

Daycares

At least one daycare within a 5-minute walk

Parks

Very large amount of park space within a few minutes' walk

Elementary Schools

At least one elementary school within a 10-minute walk

Groceries

At least one supermarket within a 15-minute walk

Cycling friendly

Suitable for bicycle commuting and/or recreational cycling

CLIMATE RISK FOR 80241

PROPERTY HISTORY FOR 3991 E 121St AVE

BUYING

How Much Should You Offer on a House?

September 3, 2025

BUYING

10 Tips for Getting the Best Mortgage Rate

June 18, 2025

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3991 E 121St Ave, Thornton, CO 80241