11036 & 11038 E 4th Way, Aurora, CO 80010
Local realty services provided by:ERA Shields Real Estate
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 lawless, april andrewskelsey@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). 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
Contact an agent
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)
New listings near 11036 & 11038 E 4th Way
$466,900Pending-- beds -- baths2,166 sq. ft.2125 S Telluride Court, Aurora, CO 80013
MLS# 7206858Listed by: CITY LIMITS PROPERTY MANAGEMENT, LLC
$449,000Pending3 beds 1 baths2,203 sq. ft.1351 S Victor Street, Aurora, CO 80012
MLS# 7220042Listed by: CITY LIMITS PROPERTY MANAGEMENT, LLC- New
$417,000Active3 beds 1 baths2,352 sq. ft.3148 Quentin Street, Aurora, CO 80011
MLS# 6967100Listed by: CITY LIMITS PROPERTY MANAGEMENT, LLC - Coming SoonOpen Sun, 12 to 3pm
$424,000Coming Soon3 beds 3 baths24333 E 41st Avenue, Aurora, CO 80019
MLS# 6038335Listed by: EXP REALTY, LLC - Coming Soon
$625,000Coming Soon5 beds 3 baths25447 E 4th Avenue, Aurora, CO 80018
MLS# 6783604Listed by: COMPASS - DENVER - New
$370,000Active3 beds 2 baths1,395 sq. ft.4025 S Dillon Way #102, Aurora, CO 80014
MLS# 1923928Listed by: MB BELLISSIMO HOMES - New
$449,000Active3 beds 3 baths2,852 sq. ft.2526 S Tucson Circle, Aurora, CO 80014
MLS# 6793279Listed by: LISTINGS.COM - Coming Soon
$440,000Coming Soon3 beds 2 baths752 Lewiston Street, Aurora, CO 80011
MLS# 8804885Listed by: HOMESMART - New
$540,000Active5 beds 3 baths2,776 sq. ft.19931 E 59th Drive, Aurora, CO 80019
MLS# 6293859Listed by: KELLER WILLIAMS TRILOGY - Coming Soon
$300,000Coming Soon2 beds 2 baths1435 S Galena Way #202, Denver, CO 80247
MLS# 5251992Listed by: REAL BROKER, LLC DBA REAL