$1,092,000

11036, 11038 E 4th Way, Aurora, CO 80010

  • 8 beds |
  • 4 baths |
  • 3,692 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $296/sqft
  • Property List Date Icon Listed 2 months ago

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. The property generates an annual rent roll of $82,200 and an NOI of $73,282, reflecting an approximate 6.7% cap rate at the list price. Residents are responsible for gas, electric, trash, internet, and cable. The owner currently covers water for one unit (11038-A) under a prior lease. The property is serviced by one water meter and two electric meters (one per address). Property taxes are just $3,114 annually, with insurance at approximately $2,000 per year. Originally built in 1965, the property was fully remodeled in 2021–2022, with additional capital improvements completed since. Updates include a brand-new Class 4 impact-resistant roof (2025), new furnaces for basement units (2022), Bosch high-efficiency mini-split systems in main level units (2023–2024), new A/C for basement units (2022), a new washer and dryer (2024), sewer and drain line replacement (2023), and a new dishwasher (2023). Each unit features quartz countertops and stainless steel appliances, offering a modern, updated living experience that supports strong rental demand. With 3,692 square feet on a 7,449 square foot lot, stable residents in place, and zoning as a duplex while operating as four units, this is a compelling investment opportunity.

Listing Status:
Active
Data Last Updated:
June 13, 2026 at 10:23PM
Listing Office:
Joy of the Rockies Realty : 303-902-0616
Listing Agent:
April Andrews : 303-902-0616
MLS ID:
6370251
  • Appliances: DryerMicrowaveOvenRefrigeratorWasher
  • Laundry: In Unit
  • Basement: Finished
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: One
  • Originating MLS: recolorado
  • School District: Adams-Arapahoe 28J
  • County: Arapahoe
  • Zoning: TBD031123062
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Individual
  • Exclusions: Tenants personal property

This listing courtesy of April Andrews , Joy of the Rockies Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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