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1435 Lima St, Aurora, CO 80010

$700,000
: 4
BD
: 4
BA
: 2,270
SqFt

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Sold Price: $700,000
List Price: $395,000
Closing Date: Oct 27, 2026
Type: Multifamily
Property Sub Type: Quadruplex
Status: CLOSED
MLS Number: 7413329
Bedrooms: 4
Bathrooms: 4
Sqft Total: 2,270
Year Built: 1954

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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.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,098
Tax Amount: $3,412
Water Source: Public
Sewer: Public Sewer
Basement Type: Partial, Unfinished
Heating: Baseboard
Cooling: Other
School District: Adams-Arapahoe 28J
Elementary School: Kenton
Middle Or Junior School: Aurora West
High School: Aurora Central