Neagle Addition Real Estate

Neagle Addition Real Estate

Welcome to Neagle Addition, a charming subdivision nestled in the heart of Denver, Colorado. This vibrant community is characterized by its unique blend of historic charm and modern convenience, making it an ideal place for families, young professionals, and retirees alike.

Neagle Addition boasts a rich history, with homes that reflect the architectural styles of the early 20th century, providing a picturesque backdrop for everyday life. Tree-lined streets invite leisurely strolls, while cozy parks nearby offer perfect spots for picnics and outdoor activities. Residents take pride in their neighborhood, fostering a strong sense of community that is evident in local events and gatherings.

One of the standout features of Neagle Addition is its prime location. Situated just a stone's throw away from Denver's bustling downtown, residents enjoy easy access to an array of dining, shopping, and entertainment options. From trendy cafes to artisanal boutiques, there’s something for everyone to explore. Additionally, the area is well-connected to public transportation, making commuting a breeze for those who work in the city.

Families will appreciate the proximity to reputable schools and recreational facilities, ensuring that children have ample opportunities for growth and development. The nearby parks and green spaces provide an excellent environment for outdoor activities, from weekend barbecues to morning jogs.

Whether you’re looking for a cozy home or a vibrant community, Neagle Addition offers the perfect blend of comfort and convenience. Come discover the charm of this delightful subdivision and envision your future in one of Denver's most inviting neighborhoods!

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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