Selected for the Terner Labs Housing Venture Lab

5410 3rd Place, Denver, CO 80226

Active
Listed 80 days ago
Owner-Occupant Eligible
$800,000

About $1,280 a month to live here, after the rent from the other homes.

Quadplex3,000 sqft8 beds4 bathsListed Aug 24, 2026

A fourplex. Live in one home and rent out the other three. How it works

Live here for about

$1,280a month

The other homes rent for $4,371. We hold back $852 of that for repairs and an empty month, and the rest goes toward a $4,799 monthly payment.

Income to qualify: about $95,000 a year

With how much down?

At 20% down ($160,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $104,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$40,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

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.

Quadplex

Property Type

1962

Year Built

Listing Date: 08/24/2026

Listed by: Charles Burkhart

Listing office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Contact: 214-336-6064

Source: REcolorado #7782631

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$800,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$800,000
Your Down Payment$160,000
Financed$640,000
Estimated Monthly Payment$4,799

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($160,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$4,799/month
Principal + Interest
$3,837
Property Taxes
$424
Home Insurance
$538
Rental Income (3 Units)
$4,371/month

From the listing description.

Rental Expenses
-$852
Cost to live here
$1,280/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

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MLS# 7782631 · Listing office: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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