3991 E 121st Avenue Thornton, CO $ 2,340,000
3991 E 121st Avenue
$ 2,340,000
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3991 E 121st Avenue

Thornton, CO, 80241
$ 2,340,000
Bedrooms2 Baths2.0 Sq 1,884

Monthly Estimate*

$ 14,408

Listed by Compass - Denver
3991 E 121st Avenue, Thornton, CO 80241 - Image 1
3991 E 121st Avenue, Thornton, CO 80241 - Image 2
3991 E 121st Avenue, Thornton, CO 80241 - Image 3
3991 E 121st Avenue, Thornton, CO 80241 - Image 4
3991 E 121st Avenue, Thornton, CO 80241 - Image 5
3991 E 121st Avenue, Thornton, CO 80241 - Image 6
3991 E 121st Avenue, Thornton, CO 80241 - Image 7
3991 E 121st Avenue, Thornton, CO 80241 - Image 8

Multi-Family Home for sale in Thornton, CO

for $2,340,000 with 2 bedrooms and 2 full baths. This 1,884 square foot home was built in 1997.

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

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Multi-Family Active

Price

$ 2,340,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,438

Style

Quadruplex

Year Built

1997

Town/City

Thornton

County/Region

Adams

MLS | Web ID

4732768

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Roof Composition
HOA Fee 245
Garage Spaces 1
Patio/Porch Features Deck
Construction Materials Frame
Exclusions Tenant and seller personal property
Year Built 1997
Levels Two
Property Subtype Quadruplex
Tax Year 2024
Ownership Corporation/Trust
Assoc Fee Paid Per Monthly
County Adams
Property Type Residential Income
HOA Y
Attached Garage Y
Subdivision Name Thornton Ridge Filing
Status Active
High School Mountain Range
City Thornton
Association Name Thornton Ridge Townhomes
Senior Community Y/N N
High School District Adams 12 5 Star Schl
Carport Spaces 0
Listing Terms 1031 Exchange Cash Other
Elementary School Stellar
Tax Annual Amount 2438
Middle/Junior High School Century
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Adams 12 5 Star Schl
Elementary School District Adams 12 5 Star Schl
Cap Rate 6
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Interior
Basement Unfinished
Common Walls 2+ Common Walls
Basement (Y/N) Y
Above Grade Finished Area 1244
Laundry Features In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
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Exterior
Water Source Public
Total Parking 1
Building Area Total 1884
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Internal Only
Street Number 1 3991
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* Excluded Features
List By
Compass - Denver

Broker

(303) 249-4118

Phone

Affordability Calculator

$14,611
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,408
Monthly Property Taxes
$203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1659396 Elementary School
1658821 Middle School
Mountain Range High School High School
Pricing History
DatePricePrice ChangeDescription
2/11/2026$390,000 Listed Price

Map


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3991 E 121st Avenue, Thornton, CO, 80241 is a Multi-Family Home for sale at $2,340,000 with 1,884 sqft. 3991 E 121st Avenue has 2 bedrooms, 2.0 baths, and was built in 1997. The property's zip code is 80241 which is in Thornton, CO