Listing Courtesy of: Kelsey Lawless - Joy of the Rockies Realty
303-902-0616
$1,090,000
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11036 & 11038 E 4th Way Aurora, CO 80010
Duplex
Residence
8
Beds
4
Baths
3,692
Sq. Ft.
Property Activity
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Investor opportunity in Aurora West! 11036 & 11038 E 4th Way is a duplex configured as four fully rentable units, each with its own kitchen and bath, generating an annual rent roll of $82,200 and a NOI of $73,282 (~6.7% cap rate at list price). Residents pay for gas, electric, trash, internet, and c...able, with the exception of one unit (11038-A) where the owner currently covers water under a prior lease. The building is on one water meter and split between two electric meters (one per address). Property taxes are just $3,114 annually and insurance is approximately $2,000/year. Originally built in 1965, the property was fully remodeled in 2021/2022 with major capital improvements since, including a brand-new Class 4 impact-resistant roof (2025), furnaces for basement units (2022), Bosch high-efficiency mini-split systems in main level units (2023/2024), new A/C for basement units (2022), new washer/dryer (2024), sewer and drain line replacement (2023), and a new dishwasher (2023). Units feature quartz countertops and stainless steel appliances, giving residents a modern, upgraded living experience that supports strong rental demand. With 3,692 SF on a 7,449 SF lot, stable residents in place, and zoning/taxing as a duplex while operating as four un
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MLS#
2465236
Property Type
Duplex
Status
Bedrooms
8
Bathrooms
Year Built
1965
Square Feet
3,692
sq. ft
Stories
1.0
Sewer
Public Sewer
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