Commercial Sale · Active
Aurora, CO 80010
$900,000
Multi Family
Property Type
0.29 acres
Lot Size
1951
Year Built
4753469
MLS #
About This Property
Nine-unit, single-story apartment building on a 0.29-acre lot in Original Aurora, just north of East Colfax. Built in 1951, the building offers three studios and six 1-bedroom units with an open parking lot, and a garden layout with no interior stairs, elevators or common corridors. The current rent roll totals $106,500 per year ($986 average, $875-$1,100 per unit, 100% occupied as provided by owner). Net operating income is estimated at $50,774, a 5.64% cap rate at list price, with professional management underwritten at 6%; a 5% rent increase supports a pro forma NOI of about $55,429 (6.16% cap).
In-place rents run below recent 5+ unit sales in 80010, leaving upside for a value-add buyer. Bus service on East Colfax, with quick access to the Anschutz Medical Campus and Fitzsimons, Stanley Marketplace, I-225 and downtown Denver. Offering memorandum and rent roll available to qualified buyers. Tours by appointment only; please do not disturb tenants. Buyer to verify all information, including unit mix, square footage, zoning, income and expenses.
8 days on market
Listed by Michael Le · Keller Williams Real Estate LLC · m.le@distinctkw.com,303-356-8282
Property Details
| Property Type | Commercial Sale |
| Sub Type | Multi Family |
| Status | Active |
| MLS # | 4753469 |
| Days on Market | 8 |
| Year Built | 1951 |
| Lot Size (Sq Ft) | 12,700 |
| Acres | 0.29 |
| Annual Taxes | $7,663 |
| State | CO |
| County | Adams |
| Lot Features | Near Public Transit |
| Construction | Frame |
| Sewer | Public Sewer |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/29/2026 |
Listed for sale Source: REcolorado® #4753469 |
$900,000 |
Based on information submitted to the MLS GRID as of November 6, 2026 at 8:14 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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