
Seller's Agent in 2025
Ryan Devin
Keller Williams Advantage Realty LLC
(303) 579-9428
1 in this area
76 Total Sales
Investor Special in Aurora – RESERVED COVERED PARKING SPOT! Location, Cash Flow, and Value-Add Potential
Opportunity knocks at 14794 E 2nd Avenue #204F – a 1-bed, 1-bath condo with 754 finished sq. ft. in the well-located Red Sky community. This unit offers immediate rental income potential and strong upside for a savvy investor willing to update and modernize. BRAND NEW FLOORING IN THE KITCHEN AND LAUNDRY
Why This Property Works as an Investment
Rental Strength: Similar 1-bed units in this neighborhood are renting in the $1,350–$1,550/month range, making this property capable of producing 6–7%+ gross yield even after factoring the affordable HOA ($345/month, covering water, sewer, trash, insurance, and snow removal).
Low Carrying Costs: Utilities are minimal with water, sewer, trash, and insurance included in HOA dues, making budgeting for rentals easier and reducing tenant complaints.
Transit Access: Just 1 block to bus service and about 5–6 blocks to the R Line Light Rail (2nd & Abilene Station), giving renters easy access to DIA, DTC, Anschutz Medical Campus, and Downtown Denver. Transit proximity increases tenant demand and long-term rental stability.
In-Unit Laundry & COVERED Reserved Parking: Highly desirable features for tenants—washer/dryer included plus one reserved space.
Why This Works as a Flip / Renovation
Strong Bones, Cosmetic Fixer: Brick and frame construction, with an efficient open floorplan (bedroom, family room, kitchen, and full bath all on one level). Most value-add here will be cosmetic—kitchen, bath, flooring, and paint—rather than expensive structural changes.
Comparable Sales: Updated 1-bed units in the area are trading well above current entry price points. Renovating this unit could position it for a 20–30% resale margin, depending on finishes.
Lifestyle Amenities: Residents enjoy an outdoor pool, low-maintenance living, and proximity to shopping, dining, and employment centers—all selling points for resale buyers.
Last Agent to Sell the Property
Keller Williams Advantage Realty LLC Brokerage Phone: 303-579-9428 License #100048479 Listed on: 08/22/2025
Co-Listed By
The Phoenix
Keller Williams Advantage Realty LLC Brokerage Phone: 303-579-9428
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
09/19/2025 09/19/25 | Sold | $100,500 | -22.7% | $133 / Sq Ft |
09/02/2025 09/02/25 | Pending | -- | -- | -- |
08/22/2025 08/22/25 | For Sale | $130,000 | -- | $172 / Sq Ft |
Seller's Agent in 2025
Ryan Devin
Keller Williams Advantage Realty LLC
(303) 579-9428
1 in this area
76 Total Sales
T
Seller Co-Listing Agent in 2025
The Phoenix
Keller Williams Advantage Realty LLC
Buyer's Agent in 2025
Carly Stagge
Brokers Guild Homes
(513) 490-5926
1 in this area
32 Total Sales
Source: REcolorado®
MLS Number: 1686117