See all 7 photos

$395,000

Est. payment - /mo

Save

4 Beds

4 Baths

2,951 SqFt

Active

1435 Lima Aurora, CO 80010

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,951 sqft

Subdivision Delmar Parkway

MLS Listing ID IRE7413329

Style Fixer-Upper

Bedrooms 4

HOA Y/N No

Year Built 1954

Annual Tax Amount $3,412

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Source ires

Property Description

INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Month to month leases - 100% occupied. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Perfect for investors seeking a light-to-heavy rehab multifamily deal, this property presents the chance to unlock value and increase NOI in a high-demand rental market. With strong fundamentals and flexible lease terms, investors can quickly implement improvements and maximize long-term returns. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes-enhancing rental appeal and future appreciation potential.

This property must be purchased alongside 1455 Lima St. for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.

Location

State CO

County Arapahoe

Community Delmar Parkway

Area Metro Denver

Rooms

Basement Partial, Unfinished

Interior

Heating Baseboard

Appliance Refrigerator, Microwave

Exterior

Parking Features Off Street

Garage Spaces 4.0

Utilities Available Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Other

Garage Yes

Building

Sewer Public Sewer

Water City

Architectural Style Fixer-Upper

Level or Stories One

Structure Type Stucco,Concrete

New Construction false

Schools

Elementary Schools Kenton

Middle Schools Aurora West

High Schools Adams-Arapahoe 28J

School District Adams-Arapahoe 28J

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Michelle Glass

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jerid Wempen

Broker

+1(720) 297-4020