Seller's Agent in 2025
Phillip Bicker
MODestate
(303) 250-5090
4 in this area
61 Total Sales
1183 Akron St Aurora, CO 80010
Del Mar Parkway Neighborhood
5
Beds
4
Baths
2,263
Sq Ft
9,583
Sq Ft Lot
Highlights
- Contemporary Architecture
- 1-Story Property
- Laundry Facilities
- No HOA
- Forced Air Heating System
- 3-minute walk to Fletcher Park
About This Home
As of January 2025Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex for $590k with one 2bed/1bath & three 1bed/1 bath units. The two bedroom unit even has an unfinished basement with separate exterior entrance! Here's where the value-add comes into play: one of the units is currently only renting for $775 and the 2 bedroom is only renting for $880, which is unheard of for a rental in the Denver Metro. These will be renewed prior to 3/31/25 for $1,100 and $1,400+. The other two units have already been renewed at $1,100. Conveniently located with strong rental demand, these properties offer steady income potential. Now is the time to act to get a cash-flowing 4plex for a low price before rents increase and the value increases. We originally had 3 side-by-side 4plexes with 1183 Akron, 1193 Akron, and 8960 E 12th, which already sold for $620k on 6/25/24. 1193 Akron Street is also $590k and already has 4 units leased at $1,100 and a common area laundry room with laundry income potential (but no 2nd bedroom unit).
Last Agent to Sell the Property
MODestate Brokerage Phone: 303-250-5090 License #100069146 Listed on: 05/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,277
Year Built
- Built in 1955
Lot Details
- 9,583 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Contemporary Architecture
- Frame Construction
- Composition Roof
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Basement
- Partial Basement
- Basement Cellar
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Kenton Elementary School
- North Middle School
- Aurora Central High School
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Exclusions: Tenant's Personal Property
- Tenant pays for cable TV, electricity, gas, internet, telephone
- The owner pays for trash collection, water
- Assessor Parcel Number 031101301
Community Details
Overview
- No Home Owners Association
- Aurora Subdivision
Additional Features
- Laundry Facilities
- Operating Expense $8,640
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $590,000 | 0.0% | $261 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $590,000 | -1.7% | $261 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $600,000 | -0.8% | $265 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $605,000 | -0.7% | $267 / Sq Ft |
| 07/05/2024 07/05/24 | Price Changed | $609,000 | -0.1% | $269 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $609,500 | -0.1% | $269 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $610,000 | +12.6% | $270 / Sq Ft |
| 04/30/2024 04/30/24 | Sold | $541,667 | -16.7% | $239 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $650,000 | -- | $287 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Phillip Bicker
-
Calvin Lennberg
Seller Co-Listing Agent in 2025
Calvin Lennberg
MODestate
(720) 473-3686
4 in this area
44 Total Sales
-
Lisa Marie Schwartz
L
Buyer's Agent in 2025
Lisa Marie Schwartz
Coldwell Banker Realty 24
(630) 674-7974
1 in this area
15 Total Sales
-
Audri Marrs
Seller's Agent in 2024
Audri Marrs
Marrs Realty and Management
(720) 291-9004
3 in this area
55 Total Sales
-
Ben Andrus
Buyer's Agent in 2024
Ben Andrus
New Western Acquisitions
(651) 895-7145
5 in this area
85 Total Sales
Map
Source: REcolorado®
MLS Number: 8641652
APN: 1973-03-2-24-010
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