Neagle Addition Real Estate

Neagle Addition Real Estate

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

Neagle Addition boasts a rich history, with roots that date back to the early 20th century. The architecture here reflects a variety of styles, from classic bungalows to modern builds, creating a picturesque streetscape that captures the essence of Denver's eclectic character. Tree-lined streets and well-maintained parks provide residents with ample opportunities for outdoor activities, whether it's a leisurely stroll, a family picnic, or simply enjoying the fresh Colorado air.

One of the standout features of Neagle Addition is its prime location. Residents enjoy easy access to a plethora of amenities, including trendy shops, gourmet restaurants, and bustling cafes. The nearby public transportation options make commuting a breeze, allowing you to explore all that Denver has to offer. Additionally, the subdivision is in close proximity to major highways, making weekend getaways to the stunning Rocky Mountains a convenient reality.

Families will appreciate the excellent schools in the area, which are part of Denver's highly regarded school district. Community events and local gatherings foster a strong sense of belonging, ensuring that neighbors become friends.

In Neagle Addition, you'll find not just a house, but a place to call home. With its welcoming atmosphere, rich community spirit, and enviable location, Neagle Addition is a hidden gem in the vibrant city of Denver, ready to welcome you to a life of comfort and convenience. Come discover your dream home in this delightful subdivision today!

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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