2-bed, 2-bath residential income in Thornton Ridge Filing

Active$1,400,000

MLS® Listing#4732768 · Residential Income · Listed Feb 11, 2026

3991 E 121st Ave, Thornton, CO 80241

Thornton Ridge Filing · Adams County

Showing 5 of 8 photos

2Beds

2Baths

1,244Sq Ft

1997Year built

1Garage

Description

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

Full description online — scan the code for the complete listing.

Property information

Property type: Residential Income
Year built: 1997
Living area: 1,244 Sq Ft
Garage spaces: 1
Annual taxes (2024): $2,438
HOA fee: $245 / Monthly
Price / Sq Ft: $1,125
Days on market: 238

Features

Cooling: Central Air
Heating: Forced Air
Parking: Attached
Patio: Deck
Roof: Composition
Construction: Frame
Basement: Unfinished
Sewer / Water: Public Sewer · Public

$1,400,000List price

2Beds

2Baths

1,884Sq Ft

1997Year built

1Garage

7 months agoOn market

$1,400,000

3991 E 121st Ave

Thornton, CO 80241

Active

Your local EXIT Realty office

EXIT Mosaic RealtyCentennial, COCall

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Description

Property Information

Property type: Residential Income
Year built: 1997
Living area: 1,244 Sq Ft
Garage spaces: 1
Parking spaces: 1
Days on market: 238
MLS^® Listing#: 4732768

Property Features

Cooling: Central Air
Heating: Forced Air
Basement: Unfinished
Parking: Attached
Patio: Deck
Construction: Frame
Roof: Composition
Sewer: Public Sewer
Water source: Public

Schools

Elementary: Stellar
Middle: Century
High: Mountain Range

Financial Details

HOA: $245 / MonthlyAssociation: Thornton Ridge Townhomes
Annual taxes: $2,438Tax year 2024

Thornton Market Statistics

How this home compares to 860 active listings in Thornton, CO

	Thornton median	This listing
Median listing price	$515,000	$1,400,000
Median days on market	51	238
Median Sq Ft	1,868	1,244
Median price / Sq Ft	$272	$1,125

Market statistics compiled from active EXIT Realty® and MLS listings in Thornton, CO.

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Explore commute times from 3991 E 121st Ave, Thornton, CO 80241.

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Connect with a Local Real Estate Expert

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Description

Property Information

Property Features

Schools

Financial Details

Thornton Market Statistics

Commute Calculator

More homes to consider

12175 Bellaire StreetThornton, CO 80241#4604819

12175 Bellaire StThornton, CO 80241#4604819

3561 E 122nd AvenueThornton, CO 80241#6151543

3561 E 122nd AveThornton, CO 80241#6151543

Connect with a Local Real Estate Expert

Stephan Poullier

Tasha Beckman

Nicole Robilotto

Amanda Edmondson

Marina-Jeanne Lewallen

Amy Ashby

Thornton Market Statistics

More homes to consider

12175 Bellaire StreetThornton, CO 80241#4604819

12175 Bellaire StThornton, CO 80241#4604819

3561 E 122nd AvenueThornton, CO 80241#6151543

3561 E 122nd AveThornton, CO 80241#6151543