$350,000
$395,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
2,160 SqFt
SOLD DATE : 10/27/2026
Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $162
Subdivision Aurora Heights
MLS Listing ID 2540969
Sold Date 10/27/26
HOA Y/N No
Year Built 1950
Lot Size 6,578 Sqft
Acres 0.15
Property Sub-Type Quadruplex
Property Description
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.
Location
State CO
County Arapahoe
Rooms
Basement Unfinished
Interior
Heating Wall Furnace
Cooling Other
Appliance Oven, Refrigerator
Exterior
Fence None
Waterfront Description Public
Roof Type Other,Unknown
Private Pool No
Building
Story One
Sewer Public Sewer
Water Public
Schools
School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J
Others
Senior Community No
Tax ID 1973-02-2-01-011
Special Listing Condition None Known
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