$850,000

Estimated payment $4,947/month

Total Views 858
7 Beds
6 Baths
3,774 Sq Ft
$225 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • No HOA
  • Partially Fenced Property
  • Wood Flooring
  • Forced Air Heating System
  • Mini Split Air Conditioners

About This Home

This offering presents a rare opportunity to acquire a well-maintained triplex in Aurora featuring large, townhome-style units that provide a highly desirable layout for tenants. Each unit offers significantly more square footage than typical multifamily product in the area, creating a competitive advantage in both tenant appeal and long-term rent growth. The property has undergone extensive capital improvements, significantly reducing deferred maintenance and future ownership risk. In 2022, all cast iron plumbing was fully removed and replaced with modern PVC, including new underground sewer lines from the foundation to the main connection, effectively eliminating one of the most common and costly structural concerns. That same year, a new high-grade metal roofing system was installed, offering superior durability, long-term performance, and the potential for reduced insurance costs. Additional exterior upgrades include a newly poured concrete parking lot and wrap-around walkway completed in 2025, improving access, drainage, and overall curb appeal. Each unit is equipped with mini-split systems for efficient heating and cooling. One unit features a fully finished basement, allowing for a functional third bedroom and increased rental income potential. The remaining two units offer similar basement layouts that can be finished with minimal investment, presenting a clear and executable value-add opportunity. With its oversized floor plans, major system upgrades, and additional upside through basement conversions, this asset offers a compelling combination of stability, reduced capital risk, and future income growth. All leases are currently month-to-month.

Listing Agent

Jim Knowlton

Pinnacle Real Estate Advisors Brokerage Email: jknowlton@pinnaclerea.com,303-962-9543 License #100032419 Listed on: 03/20/2026

Co-Listing Agent

Chris Knowlton

Pinnacle Real Estate Advisors Brokerage Email: jknowlton@pinnaclerea.com,303-962-9543 License #100052086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,902

Year Built

  • Built in 1973

Lot Details

  • 9,950 Sq Ft Lot
  • Two or More Common Walls
  • Partially Fenced Property

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Park Lane Elementary School
  • North Middle School
  • Hinkley High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number R0085389

Community Details

Overview

  • No Home Owners Association
  • Sable Altura Chambers Subdivision

Building Details

  • Operating Expense $13,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,902

Year Built

Built in 1973

Lot Details

9,950 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 3234
  • Below Grade Sq Ft: 1077
  • Exclusions: Tenant's personal property
  • Living Area: 3774
  • SubdivisionName: Sable Altura Chambers
  • Co List Office Mls Id: RECM0485
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Flooring: Laminate, Wood
  • Fireplace Features: Living Room
  • Common Walls: 2+ Common Walls
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 540

Exterior Features

  • Roof: Metal
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Other
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Basement, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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: 13537

Schools

  • Middle Or Junior School: North

Lot Info

  • Parcel Number: R0085389
  • Lot Size Acres: 0.23
  • Fencing: Partial
  • Building Area Total: 4851
  • Lot Size Sq Ft: 9950

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4902

Multi Family

  • Lease Expiration: 2026-05-29

MLS Schools

  • Elementary School: Park Lane
  • High School: Hinkley

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,278 $45,160 $10,340 $34,820
2024 $4,278 $41,500 $9,500 $32,000
2023 $4,346 $44,510 $6,830 $37,680
2022 $4,103 $36,110 $6,870 $29,240
2021 $4,369 $36,110 $6,870 $29,240
2020 $3,677 $31,160 $7,220 $23,940
2019 $3,670 $31,160 $7,220 $23,940
2018 $2,597 $21,950 $4,320 $17,630
2017 $2,307 $21,950 $4,320 $17,630
2016 $2,341 $22,090 $4,180 $17,910
2015 $2,267 $22,090 $4,180 $17,910
2014 $2,052 $19,680 $4,180 $15,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $850,000 -- $225 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $153,197 Wtg
Trustee Deed -- None Available
Warranty Deed $370,000 --
Warranty Deed $335,000 --
Warranty Deed $300,000 --
Warranty Deed $256,331 --
Warranty Deed $230,000 --
Warranty Deed $116,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $362,405 FHA
Previous Owner $251,250 No Value Available
Previous Owner $240,000 No Value Available
Previous Owner $25,500 Seller Take Back
Source: Public Records

Source: REcolorado®

MLS Number: 9695783

REcolorado®

APN: 1821-31-2-16-005

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