CO > Aurora > Delmar Parkway
Aurora, CO 80110,1175 Akron ST
Aurora, CO 80110,1175 Akron ST
Aurora, CO 80110,1175 Akron ST
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Justin Morgan

Justin Morgan

+1(720) 893-2278
$687,500
Est. payment /mo
12 Beds
10 Baths
4,250 SqFt
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UPDATED:

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

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield

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Justin Morgan

+1(720) 893-2278

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