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1435 Lima Street, Aurora CO 80010
1435 Lima Street, Aurora CO 80010
Colorado>Aurora>Aurora Heights

1435 Lima StreetAurora, CO 80010

For Sale

$395,000

Smart Buyer Rebate $3,950

INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Month to month leases - 100% occupied. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Perfect for investors seeking a light-to-heavy rehab multifamily deal, this property presents the chance to unlock value and increase NOI in a high-demand rental market. With strong fundamentals and flexible lease terms, investors can quickly implement improvements and maximize long-term returns. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes—enhancing rental appeal and future appreciation potential.

This property must be purchased alongside 1455 Lima St. for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.

Listed by Michelle Glass

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License #38971N

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Keller Williams Integrity Real Estate LLC

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720-575-2870

Last updated July 14, 2026

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Source: REcolorado #7413329

Listing Facts

  • TypeMulti-family
  • NeighborhoodAurora Heights
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu94
  • Taxes$3,412/year
  • Size2,270 sqft
  • Price per sqft$174

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/14/2026
Status changed to Active
$395,000
07/14/2026
Price Decreased
$395,000
07/01/2026
Status changed to Withdrawn
$475,000
06/08/2026
Status changed to In Contract
$475,000
04/29/2026
Listed by Keller Williams Integrity Real Estate LLC
$475,000

Property Details for 1435 Lima Street

Exterior

Construction

  • Property Condition: Fixer
  • Structure Type: Quadruplex
  • Year Built: 1954
  • Construction Materials: Concrete, Stucco
  • Entry Level: 1
  • Entry Location: Ground

Measurements

  • Building Area Total: 2,951
  • Lot Size Acres: 0.14
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,098
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 10.4
  • Gross Income: $53,160.00
  • Operating Expense: $11,700.00

Taxes

  • Parcel Number: 031073821
  • Tax Annual Amount: $3,412.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Microwave, Oven, Range, Refrigerator

Measurements

  • Living Area: 2,270

Rooms

  • Basement: Partial, Unfinished
  • Has Basement: Yes
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Other

General

  • Exclusions: Tenant's personal property

Location

  • Subdivision Name: Delmar Parkway

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: Aurora West
  • Middle Or Junior School District: Adams-Arapahoe 28J

Utilities

Equipment

  • Cooling: Other
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 4 bedrooms and 4 bathrooms in this multi-family home at 1435 Lima Street.

What schools are nearby to 1435 Lima Street?

Nearby schools include the Kenton Elementary School, Aurora West Middle School, and Aurora Central High School.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1435 Lima Street.

What are the annual taxes for 1435 Lima Street?

Annual taxes for this multi-family home are estimated at $3,412.

How does 1435 Lima Street compare to other multi-family homes in Aurora Heights?

This multi-family home is listed 15% below the average price for multi-family homes in Aurora Heights and has been on the market for 18 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 2,270 sqft.

1435 Lima Street is a 4-bedroom, 4-bath multi-family home for sale in Aurora CO 80010. Listed on Prevu for 94 days at $395,000. This includes a recent price decrease of $80,000. This residence features 2,270 square feet of living space, located in Aurora. The median listing price for multi-family homes in this area is $425,000. Nearby schools include Kenton Elementary School, Aurora West Middle School, and Aurora Central High School. Property amenities include parking. Browse 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.