5109 E 34th AVE Denver, CO 80207
7 Beds
2,650 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $226
Subdivision Neagle Addition
MLS Listing ID 3061847
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 2,650
Year Built 1959
Annual Tax Amount $3,449
Tax Year 2025
Property Sub-Type Triplex
Source recolorado
Property Description
The property generates $35,816 in current NOI with projected growth to $40,477 in Year One, representing approximately 13% NOI expansion. The diversified unit mix consists of one 1 Bed / 1 Bath, one 2 Bed / 1 Bath, and one 4 Bed / 1 Bath unit, providing
exposure to multiple renter profiles within a single small-scale multifamily investment. Below-market rents on portions of the property create a clear path to additional income through natural lease rollover rather than significant capital investment.
Located in North Park Hill with convenient access to Downtown Denver, City Park, major transportation corridors, and the broader Central Denver employment base, 5109 E 34th St combines an established residential location with an attainable acquisition price and visible Year One yield expansion. The offering represents a differentiated opportunity for investors seeking stable in-place cash flow, manageable operations, and continued income growth within the Denver MSA.
Location
State CO
County Denver
Zoning E-TU-B
Interior
Heating Forced Air
Cooling Other
Fireplace N
Exterior
Roof Type Unknown
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Denver Green
Middle Schools Denver Discovery
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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