~*Rare 6.2% Cap Rate Quadplex in Central Aurora*~ Exceptional opportunity to acquire a true 6.2% cap rate quadplex in a strong rental pocket of Aurora, CO — a rarity in today’s market. 681 Fraser St is a solid brick four-unit property, with each unit approximately 850 sq ft, offering spacious layouts that attract long-term tenants. Each unit includes dedicated off-street parking, minimizing tenant turnover and operational headaches. The durable brick construction translates to lower maintenance costs and long-term stability for investors. Located near major employment hubs, Anschutz Medical Campus, Community College of Aurora, RTD light rail, and quick access to I-225, I-70, and Colfax, this property benefits from consistent rental demand and strong commuter appeal. Financials are clean and verifiable — this is a real 6.2% cap rate based on actual income and expenses, not pro forma. Investors are encouraged to review the numbers to fully appreciate the value.
Listed by Rebekah Scott
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License #55042702
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Atlas Real Estate Group
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303-710-6874
Last updated February 19, 2026
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Source: REcolorado #9599701
Listing Facts
TypeMulti-family
NeighborhoodChambers Heights
Bedrooms8
Bathrooms4
Days on Prevu45
Taxes$3,018/year
Size3,331 sqft
Price per sqft$215
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/30/2026
Listed by Atlas Real Estate Group
$715,000
Property Details for 681 Fraser Street
Exterior
Construction
Property Attached: Yes
Roof: Composition
Structure Type: Quadruplex
Year Built: 1965
Architectural Style: Traditional
Common Walls: 2+ Common Walls
Construction Materials: Brick
Exterior Features: Rain Gutters
Features
Fencing: Full
Measurements
Building Area Total: 3,331
Financial
Residential Income
Cap Rate: 6.2
Gross Income: $63,834.00
Operating Expense: $44,276.00
Operating Expense Includes: Insurance, Maintenance, Personal Property Tax, Professional Management, Real Estate Tax
Taxes
Parcel Number: 031337704
Tax Annual Amount: $3,018.00
Tax Year: 2024
Interior
Features
Appliances: Oven, Refrigerator
Interior Features: Ceiling Fan(s), No Stairs, Open Floorplan
Measurements
Living Area: 3,331
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 8
Other
General
Exclusions: all tenants personal property
Location
Subdivision Name: Chambers Heights 4th Flg
Parking
Parking
Parking Total: 4
Schools
Elementary School
Elementary School: Elkhart
Elementary School District: Adams-Arapahoe 28J
High School
High School: Hinkley
High School District: Adams-Arapahoe 28J
Middle or Junior School
Middle Or Junior School: East
Middle Or Junior School District: Adams-Arapahoe 28J
Utilities
Equipment
Heating: Forced Air
Sewer: Public Sewer
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 681 Fraser Street.
What schools are nearby to 681 Fraser Street?
Nearby schools include the Elkhart Elementary School, East Middle School, and Hinkley High School.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 681 Fraser Street.
What are the annual taxes for 681 Fraser Street?
Annual taxes for this multi-family home are estimated at $3,018.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,331 sqft.
681 Fraser Street is a 8-bedroom, 4-bath multi-family home for sale in Aurora CO 80011. Available on Prevu for 45 days at $715,000. This residence features 3,331 square feet of living space, located in Aurora. The median listing price for multi-family homes in this area is $462,750. Nearby schools include Elkhart Elementary School, East Middle School, and Hinkley High School. The home offers parking. View other multi-family home listings in Aurora.
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