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
Middle Or Junior School District: Adams-Arapahoe 28J
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air, Natural Gas
Laundry Features: In Unit
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 8 bedrooms and 4 bathrooms in this multi-family home at 11036 & 11038 E 4th Way.
What schools are nearby to 11036 & 11038 E 4th Way?
Nearby schools include the Lansing Elementary School, South Middle School, and Aurora Central High School.
What are the annual taxes for 11036 & 11038 E 4th Way?
Annual taxes for this multi-family home are estimated at $3,114.
How does 11036 & 11038 E 4th Way compare to other multi-family homes in Highland Park?
This multi-family home is listed 28% above the average price for multi-family homes in Highland Park and has been on the market for 39 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,692 sqft.
11036 & 11038 E 4th Way is a 8-bedroom, 4-bath multi-family home for sale in Aurora CO 80010. Listed on Prevu for 106 days at $1,090,000. This residence features 3,692 square feet of living space, located in Aurora. The median listing price for multi-family homes in this area is $450,000. Nearby schools include Lansing Elementary School, South Middle School, and Aurora Central High School. Property amenities include air conditioning, parking, and washer/dryer. Explore more multi-family home listings in Aurora.
The content relating to real estate for sale in this Web site comes in part from the Internet Data
eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers
other than Prevu are marked with the IDX Logo. This information is being provided for the consumers'
personal, non-commercial use and may not be used for any other purpose. All information subject to
change and should be independently verified.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.