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$395,000

Est. payment - /mo

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4 Beds

4 Baths

2,270 SqFt

New

1435 Lima ST Aurora, CO 80010

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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.

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Jerid Wempen

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

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,270 sqft

Price per Sqft $174

Subdivision Delmar Parkway

MLS Listing ID 7413329

Bedrooms 4

HOA Y/N No

Year Built 1954

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

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

Rooms

Basement Partial, Unfinished

Interior

Heating Baseboard

Cooling Other

Appliance Microwave, Oven, Range, Refrigerator

Exterior

Fence None

Waterfront Description Public

Roof Type Unknown

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J

Others

Senior Community No

Tax ID 031073821

Special Listing Condition None Known

Listed byKeller Williams Integrity Real Estate LLC

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020