$395,000
$55K PRICE DROP

Estimated payment $2,447/month

Total Views 5,459
5 Beds
4 Baths
2,160 Sq Ft
$183 Price per Sq Ft

About This Home

INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Unfinished basement offers potential to make it a 5 unit investment. Currently 100% occupied with month to month leases. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes—enhancing rental appeal and future appreciation potential. This property must be purchased alongside 1435 Lima St. (two doors down) for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.

Listing Agent

Michelle Glass

Keller Williams Integrity Real Estate LLC Brokerage Email: MichelleDirect@kw.com,720-575-2870 License #100038971 Listed on: 04/03/2026

Keller Williams Integrity Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1950

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Fixer Upper
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • 6,578 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Exclusions: Tenants' personal property
  • Assessor Parcel Number 1973-02-2-01-011

Community Details

Overview

  • No Home Owners Association
  • Aurora Heights Subdivision

Building Details

  • Operating Expense $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,766

Year Built

Built in 1950

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 2160
  • Below Grade Sq Ft: 648
  • Exclusions: Tenants' personal property
  • Living Area: 2160
  • Property Condition: Fixer
  • SubdivisionName: Aurora Heights
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_ExpectedActiveDate: 2026-05-31
  • REC_RVSpaces: 0
  • REC_AdditionalLivingStructureYN: 0
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 5

Exterior Features

  • Roof: Other, Unknown
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Wall Furnace
  • 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: 11700

Schools

  • Middle Or Junior School: Aurora West

Lot Info

  • Parcel Number: 1973-02-2-01-011
  • Lot Size Acres: 0.15
  • Fencing: None
  • Building Area Total: 2808
  • Lot Size Sq Ft: 6578

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Internet, Telephone

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3766

Multi Family

  • Lease Expiration: 2026-07-14

MLS Schools

  • Elementary School: Kenton
  • High School: Aurora Central

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,766 $34,272
2025 $2,986 $35,000
2024 $2,896 $31,155
2023 $2,896 $31,155 $0 $0
2022 $3,091 $29,920 $0 $0
2021 $3,170 $29,920 $0 $0
2020 $2,829 $27,170 $0 $0
2019 $2,933 $27,170 $0 $0
2018 $2,071 $19,584 $0 $0
2017 $1,991 $19,584 $0 $0
2016 $4,517 $19,605 $0 $0
2015 $1,778 $19,605 $0 $0
2014 $1,259 $13,373 $0 $0
2013 -- $14,330 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Price Changed $395,000 0.0% $183 / Sq Ft
07/14/2026 07/14/26 For Sale $395,000 -12.2% $183 / Sq Ft
06/06/2026 06/06/26 Off Market $450,000 -- --
04/03/2026 04/03/26 For Sale $450,000 -- $208 / Sq Ft
Source: REcolorado®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Source: REcolorado®

MLS Number: 2540969

REcolorado®

APN: 1973-02-2-01-011

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