$588,900
$21K PRICE DROP

Estimated payment $3,525/month

Total Views 20,371
4 Beds
4 Baths
2,130 Sq Ft
$276 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • 1-Story Property
  • East Facing Home
  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Fletcher Park

About This Home

Rare opportunity for a currently cash flowing investment property in the Denver Metro! This cash-flowing 4plex has four 1bed/1bath units and a common area laundry for potential additional laundry income. With one unit intentionally left vacant for a potential owner-occupany, the other 3 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,400 a month like the neighboring 4plex that is nearly identical. 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. We originally had 3 side-by-side 4plexes with this property, 1183 Akron which sold for $590k on 1/31/24, and 8960 E 12th, which sold for $620k on 6/25/24.

Listing Agent

Phillip Bicker

MODestate Brokerage Phone: 303-250-5090 License #100069146 Listed on: 05/13/2024

Co-Listing Agent

Calvin Lennberg

MODestate Brokerage Phone: 303-250-5090 License #100075780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Kenton Elementary School
  • North Middle School
  • Aurora Central High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • The owner pays for trash collection, water
  • Assessor Parcel Number 031101310

Community Details

Overview

  • No Home Owners Association
  • Aurora Subdivision

Building Details

  • Operating Expense $8,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Contemporary
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 2130
  • Exclusions: Tenants' personal property
  • Living Area: 2130
  • Directions: Please Use GPS
  • SubdivisionName: Aurora
  • Co List Office Mls Id: RECWSTPK
  • Co List Office Phone: 303-250-5090
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Attribution Contact: 303-250-5090
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 8640

Schools

  • Middle Or Junior School: North

Lot Info

  • Parcel Number: 031101310
  • Lot Size Acres: 0.22
  • Fencing: None
  • Building Area Total: 2130
  • Lot Size Sq Ft: 9583.2

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3277

MLS Schools

  • Elementary School: Kenton
  • High School: Aurora Central

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Price Changed $588,900 0.0% $276 / Sq Ft
07/08/2025 07/08/25 For Rent $1,200 0.0% --
05/24/2025 05/24/25 Price Changed $589,000 -0.2% $277 / Sq Ft
08/19/2024 08/19/24 Price Changed $590,000 -1.7% $277 / Sq Ft
08/14/2024 08/14/24 For Sale $600,000 0.0% $282 / Sq Ft
08/14/2024 08/14/24 Off Market $600,000 -- --
08/01/2024 08/01/24 Price Changed $600,000 -0.8% $282 / Sq Ft
08/01/2024 08/01/24 Price Changed $605,000 -0.7% $284 / Sq Ft
07/05/2024 07/05/24 Price Changed $609,000 -0.1% $286 / Sq Ft
06/28/2024 06/28/24 Price Changed $609,500 -0.1% $286 / Sq Ft
05/13/2024 05/13/24 For Sale $610,000 +12.6% $286 / Sq Ft
04/30/2024 04/30/24 Sold $541,667 -13.3% $254 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $625,000 -- $293 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 4756909

REcolorado®

APN: 1973-03-2-24-011