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11036, 11038 E 4th Way

aurora, CO 80010

$1,092,000

  • 8 BR
    4 BA
    approx. 3,692 SF

Interested? Let's Connect

Investor opportunity in Aurora West!
11036 & 11038 E 4th Way is a duplex configured as four fully rentable units, each with its own kitchen and bath. The property generates an annual rent roll of $82,200 and an NOI of $73,282, reflecting an approximate 6.7% cap rate at the list price.

Residents are responsible for gas, electric, trash, internet, and cable. The owner currently covers water for one unit (11038-A) under a prior lease. The property is serviced by one water meter and two electric meters (one per address). Property taxes are just $3,114 annually, with insurance at approximately $2,000 per year.

Originally built in 1965, the property was fully remodeled in 2021–2022, with additional capital improvements completed since. Updates include a brand-new Class 4 impact-resistant roof (2025), new furnaces for basement units (2022), Bosch high-efficiency mini-split systems in main level units (2023–2024), new A/C for basement units (2022), a new washer and dryer (2024), sewer and drain line replacement (2023), and a new dishwasher (2023).

Each unit features quartz countertops and stainless steel appliances, offering a modern, updated living experience that supports strong rental demand.

With 3,692 square feet on a 7,449 square foot lot, stable residents in place, and zoning as a duplex while operating as four units, this is a compelling investment opportunity.

Details

3,692 Sq Ft

other

$260 Monthly Tax

Built in 1965

MLS/Listing ID 6370251

Amenities & Features

Lot - Near Public Transit

In Unit Laundry

Heating - Forced Air

Heating - Natural Gas

Cooling - Central Air

Construction - Brick

Construction - Concrete

Dryer

Microwave

Oven

Refrigerator

Washer

Composition

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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Interested In 11036, 11038 E 4th Way?