Aurora, CO 80010,11036 & 11038 E 4th WAY
Aurora, CO 80010,11036 & 11038 E 4th WAY
Aurora, CO 80010,11036 & 11038 E 4th WAY
Aurora, CO 80010,11036 & 11038 E 4th WAY
Aurora, CO 80010,11036 & 11038 E 4th WAY
Aurora, CO 80010,11036 & 11038 E 4th WAY
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

REAL

+1(720) 513-9631
$ 1,090,000
Est. payment | /mo

8 Beds

4 Baths

3,692 SqFt


Save
$ 1,090,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,692 SqFt

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

REColorado (REColorado MLS)
Listed by Joy of the Rockies Realty

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Westerly Creek Elementary School

    Public | EE - 5

  • 9

    Aurora Quest K-8

    Public | KG - 8

  • 8

    Challenge School

    Public | PK - 8

  • 7

    Aurora Academy Charter School

    Public | KG - 8

  • 5

    Lowry Elementary School

    Public | PK - 5

  • 5

    Boston K-8 School

    Public | KG - 8

  • 5

    Lotus School for Excellence

    Public | KG - 12

  • 5

    Axl Academy

    Public | PK - 8

  • 5

    Jewell Elementary School

    Public | PK - 5

  • 4

    Ashley Elementary School

    Public | PK - 5

  • 4

    Vanguard Classical School

    Public | KG - 8

  • 4

    Lansing Elementary School

    Public | PK - 5

  • 4

    Paris Elementary School

    Public | PK - 5

  • 4

    Peoria Elementary School

    Public | PK - 5

  • 4

    Sixth Avenue Elementary School

    Public | PK - 5

  • 3

    Fulton Academy of Excellence

    Public | PK - 5

  • 3

    Fletcher Community School

    Public | KG - 5

  • 3

    Montview Elementary School

    Public | PK - 5

  • 3

    Lynn Knoll Elementary School

    Public | PK - 5

  • 3

    Wheeling Elementary School

    Public | PK - 5

Middle Schools 10
  • 10

    Denver School of the Arts

    Public | 6 - 12

  • 9

    McAuliffe International School

    Public | 6 - 8

  • 8

    William "Bill" Roberts

    Public | EE - 8

  • 3

    Aurora West College Preparatory Academy

    Public | 6 - 12

  • 3

    Prairie Middle School

    Public | 6 - 8

  • 2

    South Middle School

    Public | 6 - 8

  • 1

    North Middle School

    Public | 6 - 8

  • 1

    Aurora Hills Middle School

    Public | 6 - 8

  • 0

    DSST: Stapleton Middle School

    Public | 6 - 8

  • 0

    Jefferson Hills - Aurora

    Private | 7 - 12

High Schools 8
  • 9

    Dsst: Stapleton High School

    Public | 9 - 12

  • 6

    Overland High School

    Public | 9 - 12

  • 1

    Aps Online School

    Public | 9 - 12

  • 1

    Aurora Central High School

    Public | 9 - 12

  • 1

    Gateway High School

    Public | 9 - 12

  • 0

    Bishop Machebeuf High School

    Private | 9 - 12

  • 0

    New America School

    Public | 9 - 12

  • 0

    Denver Street School-East Campus

    Private | 9 - 12

School and business data provided by Attom Data.

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11036 & 11038 E 4th WAY

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