Residential Income · Active
Thornton, CO 80241
2 Beds · 2 Baths · 1,244 Sq Ft
$1,400,000
Quadruplex
Property Type
1997
Year Built
$1,125
Price per Sq Ft
1
Parking Spaces
$245
HOA Fee
4732768
MLS #
About This Property
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
261 days on market
Listed by Kayla Schmitz · Compass - Denver · kayla.schmitz@compass.com,303-249-4118
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Active |
| Price per Sq Ft | $1,125 |
| Subdivision | Thornton Ridge Filing |
| MLS # | 4732768 |
| Days on Market | 261 |
| Bedrooms | 2 |
| Year Built | 1997 |
| HOA | Yes |
| HOA Fee | $245 |
| Annual Taxes | $2,438 |
| State | CO |
| County | Adams |
| Heating | Forced Air |
| Cooling | Central Air |
| Garage | Yes |
| Garage Spaces | 1 |
| Roof | Composition |
| Basement | Unfinished |
| Levels | Two |
| Construction | Frame |
| Sewer | Public Sewer |
| Water Source | Public |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 2/11/2026 |
Listed for sale Source: REcolorado® #4732768 |
$1,400,000 $1,125/sqft |
Based on information submitted to the MLS GRID as of October 29, 2026 at 11:03 PM 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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