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11036 & 11038 E 4th WayAurora, CO 80010

For Sale

$1,090,000

Smart Buyer Rebate $10,900

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

Listed by Kelsey Lawless

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License #056132

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Joy of the Rockies Realty

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720-454-4301

Listed by April Andrews

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License #55045600

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Joy of the Rockies Realty

Last updated September 12, 2025

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Source: REcolorado #2465236

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland Park
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu106
  • Taxes$3,114/year
  • Size3,692 sqft
  • Price per sqft$295

Amenities

  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

08/27/2025
Listed by Joy of the Rockies Realty
$1,090,000

Property Details for 11036 & 11038 E 4th Way

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Duplex
  • Year Built: 1965
  • Common Walls: 1 Common Wall
  • Construction Materials: Brick, Concrete, Other
  • Entry Level: 1
  • Entry Location: Ground

Measurements

  • Building Area Total: 3,692
  • Lot Features: Near Public Transit

Financial

Residential Income

  • Cap Rate: 6.7
  • Gross Income: $82,200.00

Taxes

  • Parcel Number: 031123062
  • Tax Annual Amount: $3,114.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer

Measurements

  • Living Area: 3,692

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Other

General

  • Exclusions: Tenants personal property

Location

  • Subdivision Name: Highland Park

Schools

Elementary School

  • Elementary School: Lansing
  • Elementary School District: Adams-Arapahoe 28J

High School

  • High School: Aurora Central
  • High School District: Adams-Arapahoe 28J

Middle or Junior School

  • Middle Or Junior School: South
  • 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.

Full MLS Disclaimers

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.