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5410 W 3rd PlaceDenver, CO 80226

For Sale

$800,000

Smart Buyer Rebate $8,000

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5410 W 3rd Pl, a stabilized four-unit multifamily investment located in Lakewood, Colorado. Offered at a 5.67% current cap rate with projected expansion to 6.68% in Year One, the property provides investors with measurable income growth through achievable rent normalization rather than speculative renovation execution.

The property generates $44,213 in current NOI with projected growth to $55,092 in Year One, reflecting approximately 25% NOI expansion through loss-to-lease burnoff alone. The 100% two-bedroom unit mix features current rents averaging approximately $1,300 per month compared to modeled market rents of $1,600, creating a clear path to continued income growth while aligning with durable renter demand in one of West Denver’s most established rental corridors.

With strong commuter connectivity, limited small-scale multifamily supply, and visible NOI growth, 5410 W 3rd Pl represents a compelling opportunity for investors seeking stable in-place cash flow, early yield expansion, and long-term appreciation
within the Denver MSA.

Listed by Charles Burkhart

·

License #155069141

·

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

·

214-336-6064

Last updated October 08, 2026

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Source: REColorado #7782631

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorth Alameda
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu68
  • Taxes$5,084/year
  • Size3,000 sqft
  • Price per sqft$267

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/08/2026
Price Increased
$800,000
10/07/2026
Price Decreased
$780,000
08/24/2026
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
$825,000
  1. 10/08/2026$800,000
    Price Increased
  2. 10/07/2026$780,000
    Price Decreased
  3. 08/24/2026$825,000
    Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Property Details for 5410 W 3rd Place

Exterior

Construction

  • Structure Type: Quadruplex
  • Year Built: 1962
  • Construction Materials: Other

Measurements

  • Building Area Total: 3,000

Financial

Taxes

  • Parcel Number: 136861
  • Tax Annual Amount: $5,084.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,000

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Other

General

  • Exclusions: n/a

Location

  • Subdivision Name: Neagle Addition

Parking

Parking

  • Parking Total: 6

Schools

Elementary School

  • Elementary School: Deane
  • Elementary School District: Jefferson County R-1

High School

  • High School: Jefferson
  • High School District: Jefferson County R-1

Middle or Junior School

  • Middle Or Junior School: Alameda Int'l
  • Middle Or Junior School District: Jefferson County R-1

Utilities

Equipment

  • Cooling: Other
  • Heating: Forced Air
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 4 bathrooms in this multi-family home at 5410 W 3rd Place.

What schools are nearby to 5410 W 3rd Place?

Nearby schools include the Deane Elementary School, Alameda Int'l Middle School, and Jefferson High School.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 5410 W 3rd Place.

What are the annual taxes for 5410 W 3rd Place?

Annual taxes for this multi-family home are estimated at $5,084.

How does 5410 W 3rd Place compare to other multi-family homes in North Alameda?

This multi-family home is listed 8% above the average price for multi-family homes in North Alameda and has been on the market for 18 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,000 sqft.

5410 W 3rd Place is a 8-bedroom, 4-bath multi-family home for sale in Denver CO 80226. Available on Prevu for 68 days at $800,000. This includes a recent price increase of $20,000. This residence features 3,000 square feet of living space, located in North Alameda. The median listing price for multi-family homes in this area is $592,000. Nearby schools include Deane Elementary School, Alameda Int'l Middle School, and Jefferson High School. Property amenities include parking. Browse more multi-family home listings in Lakewood.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.