Neagle Addition Real Estate

Neagle Addition Real Estate

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

Neagle Addition is characterized by its picturesque tree-lined streets and a welcoming sense of community. The area boasts a rich history, with well-preserved homes that reflect the architectural styles of yesteryear, providing a nostalgic charm that many residents cherish. Here, you’ll find a variety of housing options, from cozy bungalows to more spacious family homes, catering to diverse lifestyles and budgets.

Living in Neagle Addition means enjoying easy access to the best of Denver. The subdivision is strategically located near major thoroughfares, making commuting a breeze. Residents can take advantage of the nearby parks, including the beautiful McNichols Park, perfect for outdoor activities, picnics, and leisurely strolls. The area is also close to a plethora of shopping, dining, and entertainment options, ensuring that you’re never far from the action.

Families will appreciate the quality schools in the vicinity, providing excellent educational opportunities for children of all ages. Additionally, the vibrant local community hosts various events throughout the year, fostering a strong sense of belonging and camaraderie among neighbors.

Whether you’re seeking a peaceful retreat or an active lifestyle, Neagle Addition offers the perfect balance. Experience the charm and convenience of this delightful Denver subdivision, where your dream home awaits!

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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