For Sale Multi-Family MLS# 6370251

11036, 11038 E 4th Way

Aurora, CO 80010

$1,025,000

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About 11036, 11038 E 4th Way

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 details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1965
Stories
1
Living area
3,692 sqft
Price / sqft
$278
MLS #
6370251

Interior

Features
Finished
Appliances
Dryer, Microwave, Oven, Refrigerator, Washer
Heating
Forced Air, Natural Gas
Cooling
Central Air
Laundry
In Unit

Exterior & lot

Roof
Composition
Lot
Near Public Transit

Schools

District
Adams-Arapahoe 28J
Elementary
Lansing
Middle
South
High
Aurora Central

Utilities

Water
Public
Sewer
Public Sewer

Financial

Annual tax
$3,114
Parcel
031123062
Special conditions
None Known

Location

Subdivision
Highland Park
County
Arapahoe

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Listed by April Andrews, Joy of the Rockies Realty

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