Neagle Addition Real Estate

Welcome to Neagle Addition, a charming subdivision nestled in the heart of Denver, Colorado! This vibrant community offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and anyone seeking a welcoming neighborhood.

Neagle Addition is characterized by its tree-lined streets and an array of beautifully maintained homes, reflecting a mix of architectural styles that showcase the rich history of the area. Residents enjoy spacious yards, perfect for outdoor gatherings or simply unwinding after a busy day. The community is known for its friendly atmosphere, where neighbors quickly become friends, fostering a sense of belonging that is hard to find elsewhere.

One of the standout features of Neagle Addition is its proximity to Denver's bustling downtown area. Just a short drive away, you’ll find a plethora of dining, shopping, and entertainment options to explore. Whether you're in the mood for a gourmet meal, a cozy café, or a night out at the theater, everything you need is just around the corner.

For those who appreciate the great outdoors, Neagle Addition is conveniently located near several parks and recreational areas, offering ample opportunities for hiking, biking, and enjoying the stunning Colorado scenery. With easy access to major highways and public transportation, commuting to work or exploring the greater Denver area is a breeze.

In Neagle Addition, you’ll find not just a place to live, but a community that embraces the spirit of Denver living. Discover your new home in this delightful subdivision, where every day feels like a breath of fresh mountain air!

Newest Listings in Neagle Addition

$825,000

8 Beds ⋅ 4 Baths ⋅ 7782631 MLS

5410 W 3rd Pl is a stabilized four-unit multifamily property in Lakewood, Colorado, offering immediate cash flow and strong rent growth potential. The asset is priced at a 5.36% current cap rate with projected expansion to 6.68% in Year One, driven by rent normalization rather than renovations. Current NOI of $44,213 is projected to increase to $55,092, representing approximately 25% growth through loss-to-lease burnoff. The property features a 100% two-bedroom unit mix with average rents of $1,300 compared to modeled market rents of $1,600, providing a clear path to increased revenue. Located in a mature West Denver rental corridor with strong commuter access and limited multifamily supply, the property offers stable income, near-term yield growth, and long-term appreciation potential.

5410 W 3rd Place, Denver

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

$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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