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5109 E 34th Ave , Denver, CO 80207

$600,000

7
beds
2,650
sqft
1959
year built

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.

Highlights

  • Residential Income
  • Triplex
  • Built in 1959
  • 76 days on Market

  • Bedrooms
    7
  • Year Built
    1959
  • Construction Materials
    Brick
  • Living Area
    2650.0
  • Cooling
    Other
  • Heating
    Forced Air

  • Lot Features
    Level

  • County
    Denver
  • City
    Denver
  • Neighborhood
    Neagle Addition
  • Zip Code
    80207
  • High School
    East
  • Middle School
    Denver Discovery
  • Elementary School
    Denver Green

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Frequently Asked Questions

How do I schedule a tour of 5109 E 34th Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 5109 E 34th Ave.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 5109 E 34th Ave?

Click Ask a Question to talk with our team. You already know it is a 7 bed, N/A bath, listed for $600,000. We can talk through recent upgrades, potential seller motivation, how this triplex compares to others in Denver, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 5109 E 34th Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 5109 E 34th Ave at around $3,541. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 5109 E 34th Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Denver County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 5109 E 34th Ave?

In most cases, yes. Whether 5109 E 34th Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Denver's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 5109 E 34th Ave?

We can handle that for you. Our preferred local agent specializes in residential incomes in Denver and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $600,000 with 2,650 sqft of space—that comes out to approximately $226 per square foot.

How long has this property been on the market?

5109 E 34th Ave was listed on August 24, 2026, which means it's been on the market for 76 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1959, making it approximately 67 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Denver Green
  • Middle: Denver Discovery
  • High: East

Want to see how these schools compare? Check out our Denver County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 5109 E 34th Ave?

The most recent public record shows annual property taxes for 5109 E 34th Ave were approximately $3,449. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 5109 E 34th Ave still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, REcolorado. All rights reserved.

Last Updated: November 08, 2026 at 04:26AM | Source: REcolorado | MLS#: 3061847