11948 E 17th Avenue Aurora, CO $ 2,100,000
11948 E 17th Avenue
$ 2,100,000
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11948 E 17th Avenue

Aurora, CO, 80010
$ 2,100,000
Bedrooms-- Baths--

Monthly Estimate*

$ 14,504

Listed by Keller Williams DTC
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Commercial Property for sale in Aurora, CO

for $2,100,000. This building was built in 1971 on a lot size of 0.31.

11948 E. 17th Avenue presents an exceptional value-add opportunity with significant upside in one of Metro Denver's strongest rental markets. This approved short sale features 18 apartment units directly across from the CU Anschutz Medical Campus and is priced at just $2.1 million. The property includes five (5) three-bedroom, twelve (12) two-bedroom, and one (1) one-bedroom apartments, offering multiple strategies for increasing NOI through lease-up, renovations, and operational improvements. Investors may also explore mid-term rental opportunities to serve the area's growing healthcare workforce. With a projected after-repair value (ARV) of $2.8M–$2.9M, this is an outstanding opportunity for investors seeking immediate upside and long-term appreciation. Financial projections assume a $200,000 capital improvement investment during Year 1, resulting in a projected Year 2 pro forma cap rate of 8.84%. Approved Short Sale – Seller Encourages All Offers. Contact the listing team for the Offering Memorandum, financials, and a private tour.

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Commercial Active

Price

$ 2,100,000

Property Type

Commercial

Taxes

$ 20,381

Style

Multi Family

Lot Size

0.31

Year Built

1971

Town/City

Aurora

County/Region

Adams

MLS | Web ID

8685558

Features
General
Sewer Public Sewer
Zoning MU-FB
Garage Spaces 0
Construction Materials Brick Frame
Year Built 1971
Property Subtype Multi Family
Current Use Multi-Family
Parcel Number R0097574
County Adams
Property Type Commercial Sale
HOA N
Attached Garage N
City Aurora
Senior Community Y/N N
Number Of Units Total 18
Lot Size Units Square Feet
Lot Size Square Feet 13373
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 20381
Standard Status Active
Freehold IDX
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Exterior
Lot Features Corner Lot
Water Source Public
Lot Size Area 13373
Lot Size Acres 0.31
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* Excluded Features
List By
Keller Williams Dtc

Broker

MichelleDirect@kw.com,720-575-2870

Contact

Affordability Calculator

$16,203
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,504
Monthly Property Taxes
$1,698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$2,100,000 Listed Price

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11948 E 17th Avenue, Aurora, CO, 80010 is a Commercial Property for sale at $2,100,000 with a lot size of 0.31. 11948 E 17th Avenue was built in 1971. The property's zip code is 80010 which is in Aurora, CO