Turnkey quadplex investment in the heart of the Anschutz Medical District, just one and a half blocks south of the Anschutz Medical Campus, VA Hospital, and Children’s Hospital. This high-demand rental location supports consistent occupancy and quality tenants, with the property typically fully leased and operating at an approximate 6% cap rate.
The asset has undergone extensive recent capital improvements, significantly reducing near-term cap-ex risk. Major upgrades include a brand-new roof (2025), new gutters, downspouts, and gutter guards (June 2025), updated kitchens with newer appliances (2022), updated bathrooms (2022), new central A/C units (2022), and new garage doors and openers (2022). Most main-floor windows were replaced between 2022–2023.
All four ranch-style units feature fully finished basements, private fenced yards, and detached garages with additional driveway parking—high-value amenities that support strong rent levels and tenant retention. The layout and features offer rent upside as the surrounding area continues to redevelop and as in-place rents trend toward market.
Located in a rapidly growing corridor with new hotels, restaurants, and medical-driven employment, the property benefits from excellent long-term demand fundamentals. Convenient access to the light rail station at Colfax and I-225further enhances tenant appeal and future appreciation potential.
A compelling opportunity for investors seeking stable cash flow, low maintenance, and upside potential in one of Aurora’s strongest rental submarkets.
Listed by Cynthia Khalife
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License #877985
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RE/MAX Professionals
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303-906-0445
Last updated February 10, 2026
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Source: REcolorado #9417047
Listing Facts
TypeMulti-family
NeighborhoodLynnwood Heights
Bedrooms15
Bathrooms8
Days on Prevu35
Taxes$4,303.99/year
Size3,321 sqft
Price per sqft$479
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
02/09/2026
Listed by RE/MAX Professionals
$1,590,000
Property Details for 1331 Xanadu Street
Exterior
Construction
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: Quadruplex
Year Built: 1966
Building Name: Fitz Mod Plex
Construction Materials: Brick, Frame
Exterior Features: Private Yard
Features
Direction Faces: East
Fencing: Partial
Measurements
Building Area Total: 6,642
Lot Size Acres: 0.32
Lot Size Area: 14,026
Lot Size Square Feet: 14,026
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.0
Gross Income: $118,956.00
Operating Expense: $15,811.00
Operating Expense Includes: Insurance, Other, Real Estate Tax
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 15 bedrooms and 8 bathrooms in this multi-family home at 1331 Xanadu Street.
What schools are nearby to 1331 Xanadu Street?
Nearby schools include the Vaughn Elementary School, South Middle School, and Aurora Central High School.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 1331 Xanadu Street.
What are the annual taxes for 1331 Xanadu Street?
Annual taxes for this multi-family home are estimated at $4,303.
How does 1331 Xanadu Street compare to other multi-family homes in Aurora?
This multi-family home is listed 46% above the average price for multi-family homes in Aurora and has been on the market for 72 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the Fitz Mod Plex building.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,321 sqft.
1331 Xanadu Street is a 15-bedroom, 8-bath multi-family home for sale in Aurora CO 80011. Listed on Prevu for 35 days at $1,590,000. This home features 3,321 square feet of living space, located in Aurora. The median listing price for multi-family homes in this area is $455,000. Nearby schools include Vaughn Elementary School, South Middle School, and Aurora Central High School. The home offers dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Aurora.
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