Residential Income Property with
2177 E 164th Ave, Thornton, CO 80602
For Sale
$511,060
New construction offers a two-car garage, upstairs laundry and a covered front porch.
Property Size1,555 SF
Price / SF$328.66
Days on Market25
Property Features for 2177 E 164th Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Amenities
covered front porch
open-concept main level
upstairs laundry
primary suite
walk-in closet
Building Details
Year Built
Buildings
Listing Agency:
Kerrie A. Young (Independent)
Listed By:
Kerrie Young · License #1302165
(303) 357-3011
Source:
Nocoflex
Added: Oct 16
Changed: Nov 9
Last Checked: Nov 8 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kerrie A. Young (Independent)
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Investment Insights
Based on property information with market context.
This 1,555-square-foot home is under construction, with completion anticipated in November 2026. The plan includes three bedrooms, 2.5 bathrooms, an open-concept main level, and a primary suite with a walk-in closet. A basement provides storage and room for future customization. The home also includes a two-car garage, upstairs laundry, a covered front porch, quartz kitchen countertops, blinds and a Whirlpool appliance package, including a refrigerator, washer and dryer. Spray-foam insulation, advanced air filtration and fire-resistant siding are among its specified features.
The property is in Thornton, near E-470, I-25 and Highway 7. Larkridge Shopping Center, Orchard Town Center and Denver Premium Outlets are cited as nearby retail and dining destinations. Listed drive times are 25 minutes to Denver International Airport, 30 minutes to downtown Denver and 35 minutes to Boulder.
The property is in Thornton, near E-470, I-25 and Highway 7. Larkridge Shopping Center, Orchard Town Center and Denver Premium Outlets are cited as nearby retail and dining destinations. Listed drive times are 25 minutes to Denver International Airport, 30 minutes to downtown Denver and 35 minutes to Boulder.
Key Highlights
- 1,555 square feet with 3 bedrooms and 2.5 bathrooms
- Basement, two‑car garage and upstairs laundry
- Quartz kitchen countertops and Whirlpool appliance package, including refrigerator, washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,232
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,640
$364.6K
Cap Rate 7%
$260,457
$260.5K
Cap Rate 9%
$202,578
$202.6K
Market Conditions
NOI Build-Up for 1,555 SF
Gross rent
$34.9K $22.44/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$33.1K $21.32/SF
− OpEx
−$14.9K −$9.59/SF
NOI
$18.2K $11.72/SF
Area
Thornton, CO
Vacancy
5.00%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,640
Cap Rate 7%
$260,457
Cap Rate 9%
$202,578
Alternative Uses
Best Use
Apartment 5plus
$260.5K
$227.9K – $303.9K
NOI $18,232 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$465.8K
$407.5K – $543.4K
NOI $32,603 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 80602, CO
43,375
Population
13,834
Households
3.1
Avg Household Size
37
Median Age
44%
College-Educated
94%
High-School Grad
30.7 sq mi
ZIP Area
1,413
Density / Sq Mi
$146,679
Median Household Income
$67,791
Median Earnings
$2,574
Median Rent
$639,300
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Adams County, CO
Properties on Market for Residential income properties in Adams County
Frequently Asked Questions
What type of property is this?
Residential income property - New construction offers a two-car garage, upstairs laundry and a covered front porch.
Where is this residential income property located?
The property is located at 2177 E 164th Ave Thornton, CO.
What is the asking price?
The asking price for this property is $511,060.
What are key features of this property?
This property features: 1,555 square feet with 3 bedrooms and 2.5 bathrooms; Basement, two‑car garage and upstairs laundry; Quartz kitchen countertops and Whirlpool appliance package, including refrigerator, washer and dryer
