Neagle Addition Real Estate

Welcome to Neagle Addition, a charming neighborhood nestled in the heart of Denver, Colorado. Known for its vibrant community spirit and rich history, Neagle Addition offers a unique blend of urban convenience and suburban tranquility. This hidden gem is characterized by its picturesque tree-lined streets, quaint homes, and friendly neighbors, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Neagle Addition is its prime location. Residents enjoy easy access to Denver’s bustling downtown, where a plethora of dining, shopping, and entertainment options await. Whether you're in the mood for a gourmet meal, a local craft brewery, or a night out at the theater, everything is just a short drive or bike ride away. For outdoor enthusiasts, the nearby parks and green spaces provide ample opportunities for hiking, picnicking, and enjoying the stunning Colorado sunshine.

The neighborhood is also known for its strong sense of community. Regular events, such as farmers' markets and neighborhood block parties, foster connections among residents and create lasting friendships. Families will appreciate the highly-rated schools in the area, ensuring that children receive a quality education close to home.

With its inviting atmosphere, convenient location, and community-focused lifestyle, Neagle Addition is more than just a place to live—it's a place to call home. Discover the charm of this delightful neighborhood and see why so many are proud to be a part of the Neagle Addition community!

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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