Rare opportunity for a currently cash flowing investment property in the Denver Metro! This cash-flowing 4plex has four 1bed/1bath units and a common area laundry for potential additional laundry income. With one unit intentionally left vacant for a potential owner-occupany, the other 3 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,400 a month like the neighboring 4plex that is nearly identical. Conveniently located with strong rental demand, these properties offer steady income potential. Now is the time to act to get a cash-flowing 4plex for a low price. We originally had 3 side-by-side 4plexes with this property, 1183 Akron which sold for $590k on 1/31/24, and 8960 E 12th, which sold for $620k on 6/25/24.
Listed by Phillip Bicker
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License #55037578
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MODestate
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303-250-5090
Listed by Calvin Lennberg
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License #55044416
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MODestate
Last updated August 05, 2025
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Source: REcolorado #4756909
Listing Facts
TypeMulti-family
NeighborhoodDel Mar Parkway
Bedrooms4
Bathrooms4
Days on Prevu485
Taxes$3,277/year
Size2,130 sqft
Price per sqft$276
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/27/2025
Price Decreased
$588,900
05/24/2025
Price Decreased
$589,000
08/19/2024
Price Decreased
$590,000
08/01/2024
Price Decreased
$600,000
08/01/2024
Price Decreased
$605,000
07/05/2024
Price Decreased
$609,000
06/28/2024
Price Decreased
$609,500
05/13/2024
Listed by MODestate
$610,000
Property Details for 1193 Akron Street
Exterior
Construction
Roof: Composition
Structure Type: Quadruplex
Year Built: 1955
Architectural Style: Contemporary
Construction Materials: Frame
Features
Direction Faces: East
Measurements
Building Area Total: 2,130
Lot Size Acres: 0.22
Lot Size Area: 0
Lot Size Square Feet: 9,583
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 7.5
Gross Income: $52,800.00
Operating Expense: $8,640.00
Taxes
Parcel Number: 031101310
Tax Annual Amount: $3,277.00
Tax Year: 2022
Interior
Measurements
Living Area: 2,130
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 4
Other
General
Exclusions: Tenants' personal property
Location
Subdivision Name: Aurora
Parking
Parking
Parking Total: 4
Schools
Elementary School
Elementary School: Kenton
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: North
Middle Or Junior School District: Adams-Arapahoe 28J
Utilities
Equipment
Heating: Forced Air
Sewer: Public Sewer
Water Source: Public
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