Homes for sale - 11036 & 11038 E 4th WAY, Aurora, CO 80010

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$1,090,000

Est. payment - /mo

8 Beds

4 Baths

3,692 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,692 sqft

Price per Sqft $295

Subdivision Highland Park

MLS Listing ID 2465236

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 1,872

Year Built 1965

Annual Tax Amount $3,114

Tax Year 2024

Property Sub-Type Duplex

Source recolorado

Property Description

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 cable, 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

Location

State CO

County Arapahoe

Rooms

Basement Finished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Appliance Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Roof Type Composition

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Concrete,Other

Schools

Elementary Schools Lansing

Middle Schools South

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Joy of the Rockies Realty

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

11036 & 11038 E 4th WAY Aurora, CO 80010

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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