Property
ActiveResidential
1/15
$1,092,000

11036, 11038 E 4th Way

Aurora, CO 80010
8
Beds
4
Baths
3,692
SqFt
0
Acres
RECOLORADO
#6370251
Updated: Jul 1, 2026, 3:45am

Property Description

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.
Included Appliances
DryerMicrowaveOvenRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
1872
Appliances
DryerMicrowaveOvenRefrigeratorWasher
Basement
Finished
Below Grade Finished Area
1820
Building Area Total
3692
Cooling
Central Air
Heating
Forced AirNatural Gas
Laundry Features
In Unit
Living Area
3692
Security Features
Carbon Monoxide Detector(s)Smoke Detector(s)
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Common Walls
1 Common Wall
Construction Materials
BrickConcreteOther
Entry Level
1
Entry Location
Ground
Levels
One
Roof
Composition
Structure Type
Duplex
Year Built
1965
Site & Exterior
Lot Features
Near Public Transit
Sewer
Public Sewer
Water Source
Public
Financials
Contract Earnest Check To
Chicago Title
Contract Min Earnest
30000.00
Exclusions
Tenants personal property
Lease Expiration
2026-06-30
Ownership
Individual
Parcel Number
031123062
Special Listing Conditions
None
Tax Annual Amount
3114
Tax Legal Description
TBD
Tax Year
2024
Title Company
Chicago Title

Neighborhood & Lifestyle

Community & Association
Restrictions Covenants
Other
Senior Community
No
Subdivision Name
Highland Park
Schools
Ratings
Elementary
Lansing
Middle
South
High
Aurora Central
Elem. District
Adams-Arapahoe 28J
Middle District
Adams-Arapahoe 28J
High District
Adams-Arapahoe 28J
Listing provided courtesy of RECOLORADO via IDX. Updated: Jul 1, 2026, 3:45am.
April Andrews

Listing Agent

Joy of the Rockies Realty

Call Agent