Property
ActiveResidential
1/14
$1,600,000

12638 E Kansas Place

Aurora, CO 80012
18
Beds
12
Baths
6,500
SqFt
0
Acres
RECOLORADO
#4360997
Updated: Nov 2, 2026, 11:45am

Property Description

6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire—or simply continue holding for yield. The opportunity is simple: cash flow now, then fix & flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.

Property Details

Interior
Above Grade Finished Area
6500
Building Area Total
6500
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Unit
Living Area
6500
Construction
Also Marketed As
Residential Income
Common Walls
2+ Common Walls
Construction Materials
Other
Levels
One
Roof
Unknown
Structure Type
Quadruplex
Year Built
1976
Site & Exterior
Garage Spaces
2
Parking Total
2
Sewer
Public Sewer
Water Source
Public
Financials
Association Fee
2775
Association Fee Annual
33300.00
Association Fee Frequency
Monthly
Association Fee Total Annual
33300.00
Contract Earnest Check To
Exact Title
Contract Min Earnest
50000.00
Exclusions
tenants' personal property
Lease Amount
16195
Lease Expiration
2027-11-01
Lease Term
12 Months
Owner Pays
InsuranceTaxes
Ownership
Corporation/Trust
Parcel Number
031213134
Rentals Allowed
Long Term
Special Listing Conditions
None
Tax Annual Amount
10800
Tax Legal Description
UNIT A BLDG 1145 & 1/24 INT IN LOT 1 BLK 4 & 1/4 INT IN BLDG AS PER CONDOMINIUM DECLARATION RECORDED IN B 2048 P 194 NEVIN VILLAGE GREEN 1ST FLG LOT 1 BLK 4 CONDOMINIUMS & LOT 118 BLK 1 SUMMERFIELD VILLAS & UNIT 12585-B BLDG 7 AS PER CONDO DECLARATION RECORDED IN B4095 P479 CEDAR COVE CONDOS PHASE 7 & UNIT 27 BLDG 9574 AS PER CONDOMINIUM DECLARATION RECORDED IN BOOK 2240 PAGE 372 CINNIMON COURTYARD HOMES & UNIT F BLDG 43 AS PER CONDO DECLARATION RECORDED ON RECEPTION #A6036661 QUAIL RUN 1ST FLG CONDOMINIUMS MAP 25 EX M/R & LOT 85 BLK 1 HALLCRAFTS VILLAGE EAST TOWNHOUSES 1ST FLG
Tax Year
2025
Title Company
Exact Title

Neighborhood & Lifestyle

Community & Association
Association Management Type
Professionally Managed
Association Name
multiple
Association Phone
720-266-8040
Restrictions Covenants
Yes
Senior Community
No
Subdivision Name
Several
Schools
Ratings
Elementary
Virginia Court
Middle
Aurora Hills
High
Gateway
Elem. District
Adams-Arapahoe 28J
Middle District
Adams-Arapahoe 28J
High District
Adams-Arapahoe 28J
WalkScore™
Walk Score
Very Walkable
80
Transit Score
Some Transit
41
Bike Score
Very Bikeable
77
Listing provided courtesy of RECOLORADO via IDX. Updated: Nov 2, 2026, 11:45am.
Matthew Collins

Listing Agent

LoKation

Call Agent