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Aurora,CO 80110
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $161
Subdivision Delmar Parkway
MLS Listing ID 5114871
Bedrooms 12
HOA Y/N No
Abv Grd Liv Area 4,250
Year Built 1955
Annual Tax Amount $1,830
Tax Year 2024
Property Sub-Type Quadruplex
Source recolorado
Property Description
1159-1175 Akron Street can be purchased together or separately. Cushman & Wakefield is pleased to present a rare turnkey multifamily investment opportunity in the heart of Aurora, Colorado. Located at 1159–1175 Akron Street, this offering consists of two 5-unit buildings totaling 10 fully renovated apartment homes. With a strong inplace rent roll, minimal capital expenditure requirements, and a desirable unit mix, this asset is perfectly positioned for both cash flow-focused investors and 1031 exchange buyers. The property features (8) one-bedroom / one-bath units and (2) two-bedroom / one-bath units, each thoughtfully upgraded with modern finishes including new kitchens, baths, flooring, and fixtures. These renovations not only appeal to today's discerning renters but also support strong market rents and reduce ongoing maintenance requirements. 1159-1175 Akron is located in an established, high-demand neighborhood within Aurora's federally designated Opportunity Zone, near key economic hubs including Lowry and Fitzsimons. This area continues to benefit from strong rental demand, job growth, and urban revitalization, making it a strategic long-term hold. Priced below recent comparable sales, 1159–1175 Akron Street offers built-in equity and long-term upside in a supply-constrained market. With its updated interiors, strong location, and compelling financials, this is an ideal low-maintenance, high-yield investment for the savvy multifamily buyer.
Location
State CO
County Arapahoe
Interior
Heating Hot Water
Cooling None
Fireplace N
Exterior
Roof Type Shingle
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Fulton
Middle Schools Boston K-8
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition None