$1,092,000

11036 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 3 days 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:
April 3, 2026 at 7:22PM
Listing Office:
Joy of the Rockies Realty : April@JoyoftheRockiesRealty.com,303-902-0616
Listing Agent:
April Andrews : 303-902-0616
MLS ID:
6370251
  • Appliances: RefrigeratorWasherDryerMicrowaveFire Alarm
  • Basement: Partially Finished
  • A/C: Central Air
  • Heating: Forced Air
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: BrickOtherConcreteOne
  • Originating MLS: ires
  • School District: Adams-Arapahoe 28J
  • County: Arapahoe
  • Utilities: Natural Gas Available
  • Water: City
  • Sewer: Public Sewer
  • Source: ires
  • 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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Location

Schools Nearby

L

Lansing Elementary School

551 Lansing St, Aurora, CO, 80010

Grades PK-5

0.31 miles away

S

South Middle School

12310 E Parkview Dr, Aurora, CO, 80011

Grades 6-8

0.90 miles away

A

Aurora Central High School

11700 E 11th Ave, Aurora, CO, 80010

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.