Prime Investment Opportunity | Triplex in Central Aurora
Welcome to 1538 Clinton St, an exceptional income-producing triplex with room to grow as Aurora’s rental market continues to climb.
This triplex features behind-the-building parking on a first-come, first-served basis, offering convenient access for residents. Each unit includes 1 bedroom and 1 bathroom, a full oven and refrigerator, laminated wood floors, and slow-closing cabinets to protect the integrity of the kitchen. The units have been remodeled and updated, including modern kitchen countertops, updated bathrooms, and new tile and sinks, delivering a contemporary and move-in-ready living experience.
Perfectly positioned just off Colfax Avenue, this prime location places residents near City Park, DUG Gardens, the Martin Luther King Jr. Library, and HCA Hospital (less than 2 miles away). With a Walk Score of 88/100, tenants enjoy a vibrant, urban lifestyle surrounded by transit, shopping, dining, and major employers—boosting long-term demand and rent stability.
The current owner is receiving monthly rent from the Colorado Coalition for the Homeless in Unit #2, providing immediate cash flow from day one. This ensures a smooth transition for the new investor and reduces stress by having a reliable, paying occupant already in place.
The new owner should inquire about Section 8 eligibility.
Listed by Desharia Meeks
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License #55061865
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Brokers Guild Homes
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720-313-4647
Last updated October 21, 2025
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Source: REcolorado #7450584
Listing Facts
TypeMulti-family
NeighborhoodNorthwest Aurora
Bedrooms3
Bathrooms3
Days on Prevu3
Taxes$3,710/year
Size1,600 sqft
Price per sqft$297
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/20/2025
Listed by Brokers Guild Homes
$475,000
Property Details for 1538 Clinton Street
Exterior
Construction
Property Condition: Fixer
Roof: Composition
Structure Type: Triplex
Year Built: 1949
Common Walls: No One Above, No One Below, 2+ Common Walls
Construction Materials: Brick, Frame, Other
Entry Level: 1
Entry Location: Ground
Features
Direction Faces: North
Fencing: Partial
Measurements
Building Area Total: 1,600
Lot Features: Near Public Transit
Lot Size Acres: 0.10
Lot Size Area: 4,445
Lot Size Square Feet: 4,445
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.68
Gross Income: $50,777.00
Operating Expense: $14,299.00
Operating Expense Includes: Insurance, Real Estate Tax, Utilities
Taxes
Parcel Number: 018233433006
Tax Annual Amount: $3,710.00
Tax Year: 2024
Interior
Features
Appliances: Electric Water Heater, Oven, Refrigerator
Flooring: Laminate
Interior Features: Laminate Counters, No Stairs, Open Floorplan
Measurements
Living Area: 1,600
Rooms
Bathrooms Total Integer: 3
Bedrooms Total: 3
Other
Location
Subdivision Name: Aurora Sub
Parking
Parking
Parking Features: Unpaved
Parking Total: 3
Schools
Elementary School
Elementary School: Crawford
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
Heating: Forced Air, Natural Gas
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public
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