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Chuck Strauss

chuck.colore@gmail.com +1(720) 318-7598

$ 395,000

Est. payment -/mo

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Price Dropped by $80K

1435 Lima ST Aurora, CO 80010

4 Beds

4 Baths

2,951 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,951 sqft

Price per Sqft $133

Subdivision Delmar Parkway

MLS Listing ID 7413329

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,270

Year Built 1954

Annual Tax Amount $3,412

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Source recolorado

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

Fireplace N

Appliance Microwave, Oven, Range, Refrigerator

Exterior

Fence None

Roof Type Unknown

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete,Stucco

Schools

Elementary Schools Kenton

Middle Schools Aurora West

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition None

Listed by Keller Williams Integrity Real Estate LLC

Chuck Strauss

Broker | RECO014779

+1(720) 318-7598

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Chuck Strauss

1435 Lima ST Aurora, CO 80010

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1435 Lima ST