Neagle Addition Real Estate

Neagle Addition Real Estate

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

Neagle Addition is characterized by its tree-lined streets, inviting parks, and a strong sense of community. Residents enjoy easy access to a variety of local amenities, including boutique shops, cozy cafes, and diverse dining options that cater to every palate. The neighborhood's proximity to downtown Denver means that the excitement of city life is just a short drive or bike ride away, while still providing a peaceful retreat at the end of the day.

Outdoor enthusiasts will appreciate the nearby parks and recreational facilities, perfect for weekend picnics, jogging, or simply unwinding in nature. The well-maintained green spaces serve as a gathering place for community events and family activities, fostering a strong neighborhood spirit.

Education is a top priority in Neagle Addition, with access to highly-rated schools and educational programs that cater to children of all ages. The neighborhood is also well-connected to public transportation, making commuting to work or exploring the wider Denver area a breeze.

In Neagle Addition, you’ll find a diverse mix of housing options, from charming single-family homes to modern townhouses, catering to a variety of lifestyles and budgets. Experience the warmth and friendliness of this community that truly feels like home. Discover Neagle Addition—where your dream lifestyle 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 Avenue, Denver

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

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