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 subdivision offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike.

Neagle Addition is characterized by its tree-lined streets and a warm sense of community. The neighborhood features a diverse array of homes, ranging from classic bungalows to modern builds, each reflecting the rich architectural history of the area. With well-maintained parks and green spaces just a stone's throw away, residents can enjoy outdoor activities, picnics, and leisurely strolls in a serene environment.

Convenience is a hallmark of Neagle Addition. The subdivision is strategically located near major thoroughfares, granting easy access to downtown Denver's bustling lifestyle, filled with trendy shops, gourmet restaurants, and cultural attractions. Whether you’re catching a concert at the iconic Red Rocks Amphitheatre or exploring the art scene in the Santa Fe Arts District, you'll find that adventure is just around the corner.

Families will appreciate the proximity to excellent schools and community resources, ensuring that education and support are readily available. The neighborhood also boasts a strong sense of safety and camaraderie, making it a welcoming place to call home.

In Neagle Addition, you’ll discover not just a house, but a vibrant community that embraces the best of Denver living. Come and experience the charm and convenience of Neagle Addition, where your dream home awaits!

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 Ave, Denver

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

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