Residential Income Property with
2213 E 164th Ave, Thornton, CO 80602
For Sale
$471,870
Three bedrooms, an attached two-car garage, and an unfinished basement provide a practical residential layout.
Property Size1,443 SF
Price / SF$327.01
Days on Market68
Property Features for 2213 E 164th Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
basement
upper-level laundry
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Kerrie A. Young (Independent)
Listed By:
Kerrie Young · License #8182249
(303) 357-3011
Source:
Sandrockrealestate
Added: Sep 3
Changed: Nov 7
Last Checked: Nov 8 at 9:29AM
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 2026 residential property follows the Copper floorplan, with approximately 1,443 square feet, three bedrooms, and 2.5 bathrooms. The main level connects the kitchen, dining area, and great room in an open layout. Quartz countertops and espresso cabinets finish the kitchen, while laundry is located upstairs. A basement offers storage and room for future customization, and the home includes a two-car garage. Whirlpool appliances, including a refrigerator, washer, and dryer, are included, along with whole-home blinds. Spray-foam insulation, advanced air filtration, and fire-resistant siding are additional building features.
The property is in York Station in Thornton, with access to E-470, I-25, and Highway 7. Nearby retail and entertainment destinations include Larkridge Shopping Center, Orchard Town Center, and Denver Premium Outlets. Stated drive times are 25 minutes to DIA, 30 minutes to Downtown Denver, and 35 minutes to Boulder.
The property is in York Station in Thornton, with access to E-470, I-25, and Highway 7. Nearby retail and entertainment destinations include Larkridge Shopping Center, Orchard Town Center, and Denver Premium Outlets. Stated drive times are 25 minutes to DIA, 30 minutes to Downtown Denver, and 35 minutes to Boulder.
Key Highlights
- 2026 construction with approximately 1,443 square feet
- Three bedrooms, 2.5 bathrooms, and a two‑car garage
- Basement provides storage and space for future customization
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,919
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,380
$338.4K
Cap Rate 7%
$241,700
$241.7K
Cap Rate 9%
$187,989
$188.0K
Market Conditions
NOI Build-Up for 1,443 SF
Gross rent
$32.4K $22.44/SF
− Vacancy
−$1.6K −$1.12/SF
EGI
$30.8K $21.32/SF
− OpEx
−$13.8K −$9.59/SF
NOI
$16.9K $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%
$338,380
Cap Rate 7%
$241,700
Cap Rate 9%
$187,989
Alternative Uses
Best Use
Apartment 5plus
$241.7K
$211.5K – $282.0K
NOI $16,919 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.2K
$378.2K – $504.3K
NOI $30,255 @ 7.0% cap · market cap 6.41%
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 - Three bedrooms, an attached two-car garage, and an unfinished basement provide a practical residential layout.
Where is this residential income property located?
The property is located at 2213 E 164th Ave Thornton, CO.
What is the asking price?
The asking price for this property is $471,870.
What are key features of this property?
This property features: 2026 construction with approximately 1,443 square feet; Three bedrooms, 2.5 bathrooms, and a two‑car garage; Basement provides storage and space for future customization
