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1435 Lima Aurora, CO 80010
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Key Details
Sold Price $350,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,951 sqft
Subdivision Delmar Parkway
MLS Listing ID IRE7413329
Sold Date 10/27/26
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 Public
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
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