$900,000
SOLD MAY 8, 2025
12 Beds
9 Baths
4,797 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

3% Below List Price

11 Days on Market

Highlights

  • No HOA
  • Property is Fully Fenced
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Cushman & Wakefield is thrilled to present 56 Lansing Street in Aurora, Colorado—a prime investment opportunity with a 7.58 Cap Rate in the thriving High Villages submarket. This well-maintained multi-family property features three spacious units, each offering 4 bedrooms, and is ideally positioned for both immediate cash flow and long-term growth.Built in 1971, the property boasts a solid structure and consistent upkeep, making it an attractive asset for seasoned investors seeking reliable, steady returns. Its strategic location near major transportation routes, including I-225 and I-70, provides easy access to the Denver metro area and key destinations like Denver International Airport.Highland Park continues to experience strong growth, rental demand remains high, ensuring a consistent stream of potential tenants. This dynamic market presents a unique opportunity to capitalize on both rental income and future property appreciation.56 Lansing Street is a rare chance to acquire a well-located, income-producing asset in one of Aurora’s most desirable neighborhoods.With robust rental demand and significant upside potential, this property is a standout addition to any real estate portfolio.Please contact Benton Adams 303-328-5208 for information or showings.

Last Agent to Sell the Property

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164 Listed on: 03/27/2025

Last Buyer's Agent

Jeffrey White

Your Castle Realty LLC License #100090620

Your Castle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Property is Fully Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 4,797 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lansing Elementary School
  • Aurora Hills Middle School
  • Aurora Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031123861

Community Details

Overview

  • No Home Owners Association
  • Highline Villages Subdivision

Building Details

  • Operating Expense $22,083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,462

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 4797
  • Exclusions: N/A
  • Living Area: 4797
  • SubdivisionName: Highline Villages
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.97297
  • Attribution Contact: Nic.Polaski@cushwake.com,719-238-9074
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 12

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick, Wood Siding

Garage/Parking

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

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air

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: 22083

Schools

  • Middle Or Junior School: Aurora Hills

Lot Info

  • Parcel Number: 031123861
  • Lot Size Acres: 0.21
  • Fencing: Full
  • Building Area Total: 4797
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4462.28

MLS Schools

  • Elementary School: Lansing
  • High School: Aurora Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
May 7, 2025
Sold by
Bluesky 56 Llc
Bought by
Mayer Jason
Seller's Agent
Nic Polaski
Cushman & Wakefield
Buyer's Agent
Jeffrey White
Your Castle Realty LLC
List Price
$925,000
Sold Price
$900,000
Premium/Discount to List
-$25,000
-2.7%
Views
10
Current Estimated Value
$898,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,426
Avg. Annual Appreciation
-1.28%
Original Mortgage
$855,000
Outstanding Balance
$853,494
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$42,114

Purchase Details

Closed on
Apr 5, 2021
Sold by
Xu Chaunbi
Bought by
Bluesky 56 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Bluesky 56 Llc
Bought by
Xu Chaunbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,900
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2020
Sold by
Xu Chuanbi
Bought by
Colorado Limited Liability Company

Purchase Details

Closed on
Sep 3, 2019
Sold by
The Muckom Trust
Bought by
Xu Chuanbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2016
Sold by
Muckom Joseph A and Muckom Omana
Bought by
Muckom Trust

Purchase Details

Closed on
Mar 22, 1990
Sold by
Mclean Graeme W Mclean Lorna G
Bought by
Gralor Ltd Corp

Purchase Details

Closed on
Jan 12, 1990
Sold by
Mishra & Assoc Inc
Bought by
Mclean Graeme W Mclean Lorna G

Purchase Details

Closed on
Dec 21, 1988
Sold by
Mishra Bessie S Mishra Bipin B
Bought by
Mishra & Assoc Inc

Purchase Details

Closed on
Jul 1, 1986
Sold by
Conversion Arapco
Bought by
Mishra Bessie S Mishra Bipin B

Purchase Details

Closed on
Sep 1, 1981
Sold by
Conversion Arapco
Bought by
Conversion Arapco

Purchase Details

Closed on
Jul 4, 1776
Bought by
Conversion Arapco
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $900,000 First Integrity Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed $572,000 Homestead Title & Escrow
Interfamily Deed Transfer -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $855,000 New Conventional
Previous Owner $417,900 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $423,750 New Conventional
Previous Owner $0 Unknown
Previous Owner $220,450 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $900,000 +0.6% $188 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $895,000 -3.2% $187 / Sq Ft
03/27/2025 03/27/25 For Sale $925,000 -- $193 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

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
2024 $6,160 $46,565 -- --
2023 $6,160 $46,565 $0 $0
2022 $4,339 $38,760 $0 $0
2021 $4,106 $38,760 $0 $0
2020 $3,780 $36,308 $0 $0
2019 $3,760 $36,308 $0 $0
2018 $2,490 $23,551 $0 $0
2017 $2,166 $23,551 $0 $0
2016 $2,045 $21,771 $0 $0
2015 $1,974 $21,771 $0 $0
2014 $1,161 $12,330 $0 $0
2013 -- $10,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4796987

REcolorado®

APN: 1973-11-3-08-027