11036 & 11038 E 4th Way
Aurora, CO, 80010 $ 1,090,000
Bedrooms8 Baths4.0 Sq 3,692 Monthly Estimate*
$ 6,800
Listed by Joy of the Rockies Realty
for $1,090,000 with 8 bedrooms and 4 full baths. This 3,692 square foot home was built in 1965.
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, generating an annual rent roll of $82,200 and a NOI of $73,282 (~6.7% cap rate at list price). Residents pay for gas, electric, trash, internet, and cable, with the exception of one unit (11038-A) where the owner currently covers water under a prior lease. The building is on one water meter and split between two electric meters (one per address). Property taxes are just $3,114 annually and insurance is approximately $2,000/year. Originally built in 1965, the property was fully remodeled in 2021/2022 with major capital improvements since, including a brand-new Class 4 impact-resistant roof (2025), furnaces for basement units (2022), Bosch high-efficiency mini-split systems in main level units (2023/2024), new A/C for basement units (2022), new washer/dryer (2024), sewer and drain line replacement (2023), and a new dishwasher (2023). Units feature quartz countertops and stainless steel appliances, giving residents a modern, upgraded living experience that supports strong rental demand. With 3,692 SF on a 7,449 SF lot, stable residents in place, and zoning/taxing as a duplex while operating as four un
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing/DOD Negotiable
Roof Composition
Appliances Dryer Microwave Oven Refrigerator Washer
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Brick Concrete Other
Exclusions Tenants personal property
Year Built 1965
Tenant Pays Cable TV Electricity Gas Internet Telephone Trash Collection Water
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Individual
Gross Income 82200
County Arapahoe
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Highland Park
Status Active
High School Aurora Central
City Aurora
Entry Location Ground
Senior Community Y/N N
High School District Adams-Arapahoe 28J
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Lansing
Tax Annual Amount 3114
Middle/Junior High School South
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J
Cap Rate 6.7
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InteriorBasement Finished
Common Walls 1 Common Wall
Basement (Y/N) Y
Above Grade Finished Area 1872
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 1820
Entry Level 1
Total Baths 4
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ExteriorLot Features Near Public Transit
Water Source Public
Total Parking 0
Building Area Total 3692
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* Excluded FeaturesList ByJoy Of The Rockies RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,800
- Monthly Property Taxes
- $260
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Aurora, CO
Average List Price $704,127
Percent of Sale Price 35%
About Aurora, CO 372,405 Population
34% Since 2002
$ 57,350 Median Income
36.32 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
1539191 Elementary School
849602 Middle School
Aurora Central High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2025 | $1,090,000 | | Listed Price |