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

Local realty services provided by:ERA Teamwork Realty
11036 & 11038 E 4th Way,Aurora, CO 80010
$1,090,000
  • 8 Beds
  • 4 Baths
  • 3,692 sq. ft.
  • Multi-family
  • Active
Listed by:kelsey lawlesskelsey@joyoftherockiesrealty.com,720-454-4301
Office:joy of the rockies realty
MLS#:2465236
Source:ML

Price summary

  • Price:$1,090,000
  • Price per sq. ft.:$295.23

About this home

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).

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Home facts

  • Year built:1965
  • Listing ID #:2465236

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,692 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1965
  • Building area:3,692 sq. ft.

Schools

  • High school:Aurora Central
  • Middle school:South
  • Elementary school:Lansing

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,090,000
  • Price per sq. ft.:$295.23
  • Tax amount:$3,114 (2024)
MLS LogoBased on information submitted to the MLS GRID as of September 30, 2025 02:45 PM. 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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