1193 Akron St, Aurora, CO 80010

Property Description

New opportunity in the Denver Metro — cash-flowing 4plex with serious upside. Currently the lowest priced 4plex in the Denver area, this four-unit property features four 1 bed / 1 bath units plus a shared laundry area with potential for additional coin-operated income. One unit is intentionally vacant for owner-occupancy or to place a new tenant at market rents. One unit is leased at $1,400/month (2/26-2/27) and two long-term tenants currently at $1,100/month on year leases (ending in Sept & Oct). Clear value-add opportunity with market rents supporting approximately $1,400 per unit. Strong rental demand in the area supports both stability and future growth potential. Whether you’re looking to house hack, stabilize at higher rents, or add a solid asset to your portfolio, this property checks the boxes. The neighboring 1-bedroom units at 1183 Akron rent for $1,300 per unit and are in similar condition. Notably, the adjacent 4plex at 1183 Akron sold for $590,000 and 8960 E 12th sold for $620,000, reinforcing value within this cluster of comparable properties.