Neagle Addition Real Estate

Neagle Addition Real Estate

Welcome to Neagle Addition, a hidden gem nestled in the vibrant city of Denver, Colorado. This charming neighborhood offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike.

Neagle Addition boasts tree-lined streets and a warm, inviting atmosphere that fosters a strong sense of community. As you stroll through the neighborhood, you’ll find a delightful mix of historic homes and modern architecture, showcasing the area's rich history and growth. The residents here take pride in their well-maintained properties and lush gardens, creating a picturesque setting that feels like home.

One of the standout features of Neagle Addition is its proximity to Denver’s bustling downtown area. Just a short drive or public transit ride away, you can immerse yourself in the city’s vibrant culture, with an array of restaurants, shops, and entertainment options at your fingertips. For outdoor enthusiasts, the nearby parks and recreational areas provide ample opportunities for hiking, biking, and enjoying the stunning Colorado landscape.

Families will appreciate the excellent schools and community programs available in the area, ensuring a bright future for children of all ages. With a welcoming atmosphere and a strong community spirit, Neagle Addition is a neighborhood where neighbors become friends and memories are made.

Whether you’re looking to settle down or invest in a property, Neagle Addition offers a perfect blend of comfort, convenience, and charm. Discover the magic of this delightful neighborhood, and see why so many are proud to call it home!

Newest Listings in Neagle Addition

$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

Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064

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