Listed By:
Joy of the Rockies Realty;
Address
11036, Aurora, CO
Price
$ 1,025,000
Property Attributes
  • MLS#6370251
  • TypeMulti-Family
  • Listing Status Active
  • CountyARAPAHOE
  • CityAurora
  • NeighborhoodHighland Park
  • Zip80010
  • StyleDuplex
  • Year Built1965
  • Taxes$ 3114
  • Price$ 1,025,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3692
Data Source:
REColorado (MTOMLS)
Property Description

Investor Opportunity in Aurora West 11036 & 11038 E. 4th Way presents an attractive income-producing investment opportunity. The property consists of a duplex-style building that is currently configured with four separate residential living spaces, each featuring its own kitchen, bathroom, and in-unit laundry. Buyers are encouraged to conduct their own due diligence regarding the property's configuration, zoning, and permitted use. The property is currently 3 of 4 units leased, with two residents in place, one resident scheduled to move in on July 25, 2026, and one vacant unit providing immediate lease-up potential. Current lease information and rent roll are available upon request. Residents are responsible for gas, electric, trash, internet, and cable. The property is served by one water meter and two electric meters (one per address). Annual property taxes are approximately $3,114, and annual insurance is approximately $2,000. Originally built in 1965, the property underwent extensive renovations in 2021–2022, with additional capital improvements completed through 2025. Recent upgrades include a Class 4 impact-resistant roof (2025), sewer and drain line replacement (2023), Bosch high-efficiency mini-split systems in the main-level units (2023–2024), new furnaces and air conditioning for the basement units (2022), a new dishwasher (2023), and a new washer and dryer (2024). Each residence features quartz countertops, stainless steel appliances, and updated finishes designed to appeal to today's renters. Offering 3,692 square feet of living space on a 7,449-square-foot lot, recent capital improvements, in-place rental income, and additional upside through leasing the remaining vacant unit, this property presents a compelling opportunity for investors seeking long-term cash flow and value-add potential.

Elementary School Middle School High School
Lansing Elementary School South Middle School Aurora Central High School
Price History
3/31/2026 Listed $1,092,000
8/28/2026 7$1,025,000

General Features

Sewer Public Sewer
Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing/DOD,Negotiable
Roof Composition
Appliances Dryer,Microwave,Oven,Refrigerator,Washer
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick,Concrete,Other
Exclusions Tenants personal property
Year Built 1965
Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone,Trash Collection,Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Individual
County Arapahoe
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Highland Park
Status Active
High School Aurora Central
City Aurora
Entry Location Ground
Senior Community Y/N No
High School District Adams-Arapahoe 28J
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Lansing
Tax Annual Amount 3114
Middle/Junior High School South
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J

Interior Features

Basement Finished
Common Walls 1 Common Wall
Basement (Y/N) Yes
Above Grade Finished Area 1872
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 1820
Entry Level 1
Total Baths 4

Exterior Features

Lot Features Near Public Transit
Water Source Public
Building Area Total 3692

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 Multi-Family Average in 80010

Price
AVG $760K
$1.03M
Taxes
AVG $4,836
$3,114
Year Built
AVG 1954
1965
Visits
AVG 153
284
Data Provided by Inside Real Estate®