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11036 E 4th WayAurora, CO 80010

Highland Park · Arapahoe County

$1,025,000List price
8Beds
4Baths
3,692Sq Ft
1965Year built
6 months agoOn market

Description

Investor Opportunity in Aurora West 11036 & 11038 E. 4th Way presents an attractive income-producing investment opportunity. The property consists of a duplex-style building that is currently configured with four separate residential living spaces, each featuring its own kitchen, bathroom, and in-unit laundry. Buyers are encouraged to conduct their own due diligence regarding the property's configuration, zoning, and permitted use. The property is currently 3 of 4 units leased, with two residents in place, one resident scheduled to move in on July 25, 2026, and one vacant unit providing immediate lease-up potential. Current lease information and rent roll are available upon request. Residents are responsible for gas, electric, trash, internet, and cable. The property is served by one water meter and two electric meters (one per address). Annual property taxes are approximately $3,114, and annual insurance is approximately $2,000. Originally built in 1965, the property underwent extensive renovations in 2021-2022, with additional capital improvements completed through 2025. Recent upgrades include a Class 4 impact-resistant roof (2025), sewer and drain line replacement (2023), Bosch high-efficiency mini-split systems in the main-level units (2023-2024), new furnaces and air conditioning for the basement units (2022), a new dishwasher (2023), and a new washer and dryer (2024). Each residence features quartz countertops, stainless steel appliances, and updated finishes designed to appeal to today's renters. Offering 3,692 square feet of living space on a 7,449-square-foot lot, recent capital improvements, in-place rental income, and additional upside through leasing the remaining vacant unit, this property presents a compelling opportunity for investors seeking long-term cash flow and value-add potential.

Property Information

Property type
Residential Income
Sub-type
Duplex
Structure type
Duplex
Year built
1965
Living area
3,692 Sq Ft
Days on market
192
MLS® Listing#
6370251

Property Features

Appliances
Refrigerator · Washer · Dryer · Microwave
Cooling
Central Air
Heating
Forced Air
Basement
Partially Finished
Parking
None
Construction
Brick · Other · Concrete
Roof
Composition
Security
Fire Alarm
Utilities
Natural Gas Available
Sewer
Public Sewer
Water source
Public

Schools

Elementary
Lansing
Middle
South
High
Aurora Central

Financial Details

HOA
None
Annual taxes
$3,114Tax year 2024

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