$800,000

Quadruplex In Denver

  • 8 Beds
  • 4 Baths
  • 3,000 Sqft
  • Updated: Yesterday
  • Source:
    REcolorado  MLS#7782631

About the Property

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5410 W 3rd Pl, a stabilized four-unit multifamily investment located in Lakewood, Colorado. Offered at a 5.67% current cap rate with projected expansion to 6.68% in Year One, the property provides investors with measurable income growth through achievable rent normalization rather than speculative renovation executio
Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5410 W 3rd Pl, a stabilized four-unit multifamily investment located in Lakewood, Colorado. Offered at a 5.67% current cap rate with projected expansion to 6.68% in Year One, the property provides investors with measurable income growth through achievable rent normalization rather than speculative renovation execution.

The property generates $44,213 in current NOI with projected growth to $55,092 in Year One, reflecting approximately 25% NOI expansion through loss-to-lease burnoff alone. The 100% two-bedroom unit mix features current rents averaging approximately $1,300 per month compared to modeled market rents of $1,600, creating a clear path to continued income growth while aligning with durable renter demand in one of West Denver’s most established rental corridors.

With strong commuter connectivity, limited small-scale multifamily supply, and visible NOI growth, 5410 W 3rd Pl represents a compelling opportunity for investors seeking stable in-place cash flow, early yield expansion, and long-term appreciation
within the Denver MSA.
…
  • Property type

    Other

  • Year built

    1962

  • Price/sqft

    $266

Explore the Area

5410 W 3rd Place, Lakewood, Colorado, United States View on Google Maps
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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas

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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas
California, United States
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5
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2026
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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - Calabasas
Calabasas, California, United States
View agency profile
Last updated
Yesterday
First listed
October 9
Listing reference
7782631
Listing status
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