14794 E 2nd Avenue #204F, Aurora, CO 80011
Local realty services provided by:ERA New Age



14794 E 2nd Avenue #204F,Aurora, CO 80011
$130,000
- 1 Beds
- 1 Baths
- 754 sq. ft.
- Condominium
- Active
Listed by:ryan devin303-579-9428
Office:keller williams advantage realty llc.
MLS#:1686117
Source:ML
Price summary
- Price:$130,000
- Price per sq. ft.:$172.41
- Monthly HOA dues:$345
About this home
Investor Special in Aurora – RESERVED COVERED PARKING SPOT! Location, Cash Flow, and Value-Add Potential
Opportunity knocks at 14794 E 2nd Avenue #204F – a 1-bed, 1-bath condo with 754 finished sq. ft. in the well-located Red Sky community. This unit offers immediate rental income potential and strong upside for a savvy investor willing to update and modernize. BRAND NEW FLOORING IN THE KITCHEN AND LAUNDRY
Why This Property Works as an Investment
Rental Strength: Similar 1-bed units in this neighborhood are renting in the $1,350–$1,550/month range, making this property capable of producing 6–7%+ gross yield even after factoring the affordable HOA ($345/month, covering water, sewer, trash, insurance, and snow removal).
Low Carrying Costs: Utilities are minimal with water, sewer, trash, and insurance included in HOA dues, making budgeting for rentals easier and reducing tenant complaints.
Transit Access: Just 1 block to bus service and about 5–6 blocks to the R Line Light Rail (2nd & Abilene Station), giving renters easy access to DIA, DTC, Anschutz Medical Campus, and Downtown Denver. Transit proximity increases tenant demand and long-term rental stability.
In-Unit Laundry & COVERED Reserved Parking: Highly desirable features for tenants—washer/dryer included plus one reserved space.
Why This Works as a Flip / Renovation
Strong Bones, Cosmetic Fixer: Brick and frame construction, with an efficient open floorplan (bedroom, family room, kitchen, and full bath all on one level). Most value-add here will be cosmetic—kitchen, bath, flooring, and paint—rather than expensive structural changes.
Comparable Sales: Updated 1-bed units in the area are trading well above current entry price points. Renovating this unit could position it for a 20–30% resale margin, depending on finishes.
Lifestyle Amenities: Residents enjoy an outdoor pool, low-maintenance living, and proximity to shopping, dining, and employment centers—all selling points for resale buyers.
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Home facts
- Year built:1980
- Listing Id #:1686117
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:754 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard, Radiant
Structure and exterior
- Year built:1980
- Building area:754 sq. ft.
Schools
- High school:Hinkley
- Middle school:East
- Elementary school:Sixth Avenue
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$172.41
- Tax amount:$704 (2024)
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