Listed By:
Kaufman Hagan;
Address
1467 Joliet Street, Aurora, CO
Price
$ 900,000
Property Attributes
  • MLS#4615740
  • TypeCommercial
  • Listing Status Active
  • CountyARAPAHOE
  • CityAurora
  • Zip80010
  • Style
  • Year Built1952
  • Taxes$ 8474
  • Price$ 900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3869
  • Lot Size0.19 Acres
Data Source:
REColorado (MTOMLS)
Property Description

1467 Joliet Street is a 9-unit multifamily property in Aurora offering a diverse unit mix of 1 studio, 4 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom unit. The ranch style building also features 9 off street parking spaces and private entrances for each unit. Located in North Aurora, the property is just minutes from Stanley Marketplace and the UC Anschutz Medical Campus. The location also stands to benefit from the East Colfax BRT project, which is bringing new stations, corridor amenities, and pedestrian improvements to the area. Offered at $900,000, the property presents an accessible basis with clear operational upside and the potential to achieve an 8%+ cap rate. New ownership will have the opportunity to implement additional improvements, enhance interiors, tighten operations, and continue driving revenue over time. HIGHLIGHTS - Priced below nearby sales comparables and active listings - Diverse unit mix from studio to three-bedroom units, appealing to a broad tenant base - Side-by-side ranch-style apartment building with private entrances and a functional layout - Located in North Aurora, just minutes from the Anschutz Medical Campus, Stanley Marketplace, and Lowry - Value-add opportunity positioned to benefit from continued investment along the East Colfax corridor, including the East Colfax BRT project and related pedestrian and amenity improvements AMENITIES - Private entrances per unit - Individually metered for electric - tenants pay directly (GE panels) - 1:1 parking ratio - LVP flooring in most units - Functional, open floor plans

Price History
7/22/2026 Listed $900,000

General Features

Sewer Public Sewer
Roof Unknown
Construction Materials Brick
Exclusions Any and all private property.
Year Built 1952
Tenant Pays Electricity
Stories Count 1
Property Subtype Multi Family
Tax Year 2025
Current Use Multi-Family
Gross Income 115174
OwnerPays Gas
County Arapahoe
Operating Expense 46380
Property Type Commercial Sale
Attached Garage No
Status Active
City Aurora
Number Of Units Total 9
Lot Size Units Square Feet
Lot Size Square Feet 8494
Listing Terms Cash,Conventional
Tax Annual Amount 8474
Standard Status Active
Cap Rate 7.64

Exterior Features

Total Parking 9
Lot Size Area 8494
Building Area Total 3869
Lot Size Acres 0.19

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80010

Price
AVG $1.58M
$900K
Taxes
AVG $16,920
$8,474
Year Built
AVG 1955
1952
Visits
AVG 49
7
Data Provided by Inside Real Estate®