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Overview

Location

Mortgage

3991 121st Ave Thornton, CO 80241

$1,950,000

ACTIVE

Beds

Baths

Sqft

1,244

Acres

Year

1997

Days on Site

Property Type

Residential Income

Sub Type

Quadruplex

Per Square Foot

$1,568

Date Listed

Feb 11, 2026

Description of 3991 121st Ave, Thornton, CO 80241

Listing details for 3991 121st Ave, Thornton, CO 80241 : Prime 5-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: 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 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

Listing Updated : 03-18-2026 at 1:02 PM MDT

Listing Provided By : Kayla Schmitz, 303-536-1786, Compass - Denver

Source :

recolorado as distributed by MLS GRID, MLS#: REC4732768

Property Details

Overview

Status

Active

MLS #ID

REC4732768

Price

$1,950,000

Bedrooms

Bathrooms

Square Footage

1,244

Acres

Year

1997

Days on Site

Property Type

Residential Income

Property Sub Type

Quadruplex

Price per Sq Ft

$1,568

Date Listed

Feb 11, 2026

Community Information for 3991 121st Ave, Thornton, CO 80241

Address

3991 121st Ave

City

Thornton

State

Colorado

Zip Code

80241

County

Adams

Subdivision

Thornton Ridge Filing

Schools

Elementary

Stellar

Middle

Century

High

Mountain Range

School Districts

High School District

Adams 12 5 Star Schl

Utilities

Sewer

Public Sewer

Water Source

Public

Interior

Heating

Forced Air

Cooling

Central Air

Fireplace

Exterior

Roof

Composition

Garage Spaces

Foundation

HOA

Has HOA

Yes

Services Included

None

HOA Fee

$245 Monthly

Additional Information

Styles

Price per Sq Ft

$1,568

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Source Logo
Based on information submitted to the MLS GRID as of 2026-04-03 at 10:46 a.m. MDT. 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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