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Bob Engel

[email protected] +1(303) 638-0780

$ 1,000,000

Est. payment -/mo

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1717 Clinton Aurora, CO 80010

10 Beds

4 Baths

7,484 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,484 sqft

Subdivision Aurora

MLS Listing ID IRE6649077

Bedrooms 10

Full Baths 3

Three Quarter Bath 1

HOA Y/N No

Year Built 1949

Annual Tax Amount $4,046

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Duplex

Source ires

Property Description

Turnkey, high-performing duplex investment in Aurora offered at $1,000,000, delivering immediate cash flow and strong long-term appreciation potential in a rapidly developing submarket. Owned and operated as a successful income property since 2014, this asset demonstrates consistent stability, rent growth, and strong tenant demand. Originally configured as 2BD/1BA units, both sides have been thoughtfully renovated to include fully finished basements and now offer spacious 5BD/2BA layouts-significantly enhancing rental appeal and maximizing income potential. The property generates $2,800/month per unit, totaling $5,600/month ($67,200 annually), with an estimated NOI of ~$57,600 and a ~5.7% cap rate. Both units are secured with longterm leases extending through 2027, providing immediate, stable income. Executed leases are available for full transparency. Operational performance is strong, with documented rent growth from $1,650/unit in 2020 to current levels, and historically low vacancy primarily limited to renovation periods. Expenses remain exceptionally low (~14%), with tenants covering most utilities, handling landscaping and snow removal where permitted, and no HOA. The property is self-managed, minimizing overhead. Major capital improvements have been completed within the past 5 years, including roof, furnaces, water heaters, and sewer line-reducing near-term capital expenditure risk. Ideally located near Stanley Marketplace, parks, dining, and ongoing redevelopment, the property benefits from strong rental demand and continued area growth. A rare opportunity for investors seeking a stabilized, low-maintenance asset with solid in-place returns and long-term upside-well-suited for a 1031 exchange or buy-and-hold strategy.

Location

State CO

County Adams

Community Aurora

Area Metro Denver

Zoning OA-RMU

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Appliance Refrigerator, Microwave

Exterior

Parking Features Reserved

Garage Spaces 4.0

Fence Dog Run/Kennel

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Paved

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Crawford

Middle Schools Aurora West

High Schools Adams-Arapahoe 28J

School District Adams-Arapahoe 28J

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

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Information and Real Estate Services (IRES)

Listed by Siavash Khorshidian

NEARBY SCHOOLS & PROPERTIES

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

1717 Clinton Aurora, CO 80010

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1717 Clinton