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8 Beds
4 Baths
3,000 sqft

$800,000

5410 W 3rd Pl, Denver CO, 80226

Price per sqft$266.67
Built in1962
Property size3,000 sqft
Property typeResidential
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc., Charles Burkhart Listing Contact: [email protected],214-336-6064

Overview

Active

Listed Aug 24, 2026

Updated 32h ago

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.

$5,322/mo

Est. mortgage payment based on a $800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7782631

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Other Property Details

Taxes
$5,084
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Information and Real Estate Services, LLC (IRES) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:37 AM UTC on 10/9/2026. 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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