80207 Homes with Triplex Subtype

Welcome to the vibrant zip code 80207, nestled in the heart of Denver, Colorado! This charming area offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and investors alike.

80207 is known for its diverse community and rich cultural heritage, with easy access to some of Denver's most beloved parks and recreational spaces. The nearby City Park is a local favorite, boasting beautiful walking trails, picnic spots, and the Denver Zoo, perfect for family outings. The area is also well-connected to public transportation, ensuring that you can easily explore all that Denver has to offer.

For homebuyers looking to invest in a triplex, 80207 presents a fantastic opportunity. Homes with a triplex subtype are ideal for those seeking to generate rental income or accommodate extended family. These properties typically feature three separate living units, providing flexibility and the potential for a steady cash flow. Imagine living in one unit while renting out the others, or simply enjoying the spaciousness of a triplex for your own family!

The architectural styles in this neighborhood vary, offering everything from charming bungalows to modern builds, ensuring that there’s something to suit every taste. The sense of community is palpable, with local shops, cafes, and restaurants just a stone's throw away, creating a welcoming atmosphere for all residents.

In summary, 80207 is more than just a zip code; it’s a thriving community filled with opportunities for homeownership, investment, and a fulfilling lifestyle. Come explore the potential of this enchanting Denver neighborhood!

Newest 80207 Homes with Triplex Subtype

$600,000

7 Beds ⋅ 3 Baths ⋅ 3061847 MLS

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5109 E 34th Ave, a stabilized three-unit multifamily investment located in Denver’s North Park Hill neighborhood. Offered at $600,000, the property provides investors with an attractive 5.97% current cap rate with projected expansion to 6.75% in Year One, combining strong in-place cash flow with meaningful organic income growth. 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.

5109 E 34th Avenue, Denver

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