- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$800,000
Monthly Est:$3,982
8 Beds
4 Baths
3,000sqft
5410 W 3Rd Pl, Denver, CO 80226
$800,000
$3,982/moEst:
Get Pre-Approved
Quadruplex
Built in 1962
$-- HOA
-- sqft lot
$267/sq.ft
Description
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.
- Houzeo last checked: 16 minutes ago
- Listing updated: October 8, 2026 at 7:39 pm
- Listing Provided by: Charles Burkhart (214) 336-6064 | Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. (303) 328-2000
- Source: DENVER (RE COLORADO) MLS-CO | MLS#: 7782631
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
3,000 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
DENVER (RE COLORADO) MLS
MLS Number
7782631
MLS Status
Active
Days on Market
45
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Sewer
Public Sewer
Cooling
Other
Heating
Forced Air
Construction
Year Built
Year Built: 1962
Home type
Quadruplex
Construction Materials
Other
Roof
Unknown
Other Features
Subdivision Name
Neagle Addition
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Price Decreased | $780,000 -2.50% $260/sqft |
08/24/2026 Source: | Price Decreased | $800,000 -3.03% $267/sqft |
08/24/2026 Source: | Listed for Sale | $825,000 $275/sqft |
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