Aurora Homes with Multi Family Subtype

Welcome to Aurora, Colorado – a vibrant city that beautifully blends urban convenience with natural beauty. Nestled just east of Denver, Aurora boasts a rich tapestry of diverse neighborhoods, stunning parks, and a thriving cultural scene. With an impressive array of amenities, from shopping centers and restaurants to recreational facilities, Aurora is an ideal place for families, professionals, and retirees alike.

One of the most appealing aspects of Aurora's real estate market is its selection of multi-family homes. These properties not only provide an excellent opportunity for investment but also cater to a growing demand for affordable housing options. Whether you're looking for a duplex, triplex, or a larger apartment complex, Aurora's multi-family homes offer a unique blend of comfort and community living.

Investing in multi-family homes in Aurora allows you to tap into the city's flourishing rental market, driven by its proximity to major employers like the Anschutz Medical Campus and Buckley Air Force Base. With a steady influx of new residents seeking quality housing, multi-family properties present a promising opportunity for both seasoned investors and first-time buyers.

Moreover, residents of these multi-family homes enjoy easy access to Aurora's extensive park system, including the picturesque Cherry Creek State Park and the scenic Aurora Reservoir. With a strong sense of community, excellent schools, and a variety of recreational activities, Aurora is not just a place to live; it's a place to thrive. Explore the possibilities of multi-family living in this dynamic city and discover the perfect investment opportunity waiting for you!

Newest Aurora Homes with Multi Family Subtype

$2,100,000

8685558 MLS ⋅ Lebaron Apartments BLDG.

11948 E. 17th Avenue presents an exceptional value-add opportunity with significant upside in one of Metro Denver's strongest rental markets. This approved short sale features 18 apartment units directly across from the CU Anschutz Medical Campus and is priced at just $2.1 million. The property includes five (5) three-bedroom, twelve (12) two-bedroom, and one (1) one-bedroom apartments, offering multiple strategies for increasing NOI through lease-up, renovations, and operational improvements. Investors may also explore mid-term rental opportunities to serve the area's growing healthcare workforce. With a projected after-repair value (ARV) of $2.8M–$2.9M, this is an outstanding opportunity for investors seeking immediate upside and long-term appreciation. Financial projections assume a $200,000 capital improvement investment during Year 1, resulting in a projected Year 2 pro forma cap rate of 8.84%. Approved Short Sale – Seller Encourages All Offers. Contact the listing team for the Offering Memorandum, financials, and a private tour.

11948 E 17th Avenue, Aurora

$900,000

4615740 MLS

1467 Joliet Street is a 9-unit multifamily property in Aurora offering a diverse unit mix of 1 studio, 4 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom unit. The ranch style building also features 9 off street parking spaces and private entrances for each unit. Located in North Aurora, the property is just minutes from Stanley Marketplace and the UC Anschutz Medical Campus. The location also stands to benefit from the East Colfax BRT project, which is bringing new stations, corridor amenities, and pedestrian improvements to the area. Offered at $900,000, the property presents an accessible basis with clear operational upside and the potential to achieve an 8%+ cap rate. New ownership will have the opportunity to implement additional improvements, enhance interiors, tighten operations, and continue driving revenue over time. HIGHLIGHTS - Priced below nearby sales comparables and active listings - Diverse unit mix from studio to three-bedroom units, appealing to a broad tenant base - Side-by-side ranch-style apartment building with private entrances and a functional layout - Located in North Aurora, just minutes from the Anschutz Medical Campus, Stanley Marketplace, and Lowry - Value-add opportunity positioned to benefit from continued investment along the East Colfax corridor, including the East Colfax BRT project and related pedestrian and amenity improvements AMENITIES - Private entrances per unit - Individually metered for electric - tenants pay directly (GE panels) - 1:1 parking ratio - LVP flooring in most units - Functional, open floor plans

1467 Joliet Street, Aurora

$995,000

4618733 MLS

Great cash flow property with excellent up side income potential. Rare six unit building that backs to a nice park in a predominately single family home neighborhood. Five of the units have enclosed private back yards and there are several garage/storage units on the property. Four of the six units have been rented by the same tenant since before the building was last sold approximately sixteen years ago, and the other two units have each been rented by the same tenants for approximately ten years, providing an extremely consistent revenue base. Property consists of a stand alone 1 bedroom alley house, 2 two bedroom units, and 3 four bedroom (some bedrooms may be non-conforming) multi bath units. Based on the current rents and 2025 actual insurance, RE taxes, and utility costs, the units are projected to currently produce $91,100 in net cash flow before maintenance/debt costs. Current owner believes that there is a significant opportunity to increase the current rent rates in the units’ current condition, and a much more meaningful opportunity to increase the overall rents and cash flow by updating each unit. Three of the units have separate entrances to the basement with potential to make separate additional apartments subject to zoning laws which Seller has not explored. Each of the units would benefit by updating, some significantly. The property is being sold as is in its current condition, although as noted below, Seller can provide financing to include financing updating costs. Seller is willing to finance 80% of the purchase price and 70% of approved updating costs for a qualified and approved buyer for up to nine months to allow a new buyer to potentially update units and improve the operating income before obtaining permanent financing. Asking price is for the property as is without any additional improvements or concessions paid for by the Seller. Please allow 7 days for acceptance.

Aurora

$950,000

3357240 MLS

Exceptional investment opportunity at 1588 Macon St – an updated 8-unit multifamily property located in a high-demand Aurora rental corridor less than one mile from the Anschutz Medical Campus and UCHealth University of Colorado Hospital. This well-maintained apartment building features updated interiors, offering modern finishes that attract medical professionals, hospital staff, students, and workforce tenants. Strong proximity to one of Colorado’s largest employment centers provides consistent rental demand and long-term stability. Situated under 10 minutes from Stanley Marketplace, residents enjoy convenient access to dining, retail, fitness, breweries, and entertainment. Easy access to major commuter routes, public transportation, and surrounding amenities further enhances tenant appeal.

1588 Macon Street, Aurora

$950,000

1974904 MLS ⋅ Sclavenitis BLDG.

Introducing your next investment opportunity at 1592 Lansing St. This almost fully occupied, six-plex offers strong and immediate cash flow, currently generating just under $7,000 per month in rental income, once that last unit is occupied, expect for about over $8,000 in rental income a month. Nicely renovated, this is truly move-in ready for its next owner with no deferred maintenance or projects required. Key features include a brand new roof and dedicated parking spaces for each residence. Thoughtfully updated and well-maintained, this asset provides both stability and long-term upside for savvy investors. Whether you’re expanding your portfolio or stepping into your first multifamily investment, this property checks every box. Don’t miss this outstanding opportunity—schedule your private tour today.

1592 Lansing Street, Aurora

$1,776,000

6501371 MLS

11916 & 12000 E 14th Avenue is a 16-unit multifamily property located in Aurora, Colorado, consisting of two two-story brick apartment buildings constructed in 1960. The property sits on a 14,331 square foot lot and totals approximately 8,876 gross building square feet. The unit mix is comprised entirely of one-bedroom, one-bathroom units averaging approximately 500 square feet. Eleven of the sixteen units have been upgraded, offering additional upside through renovation of the remaining interiors. Recent capital improvements include new apartment security doors installed in both buildings in 2023 and full boiler replacements in 2024, reducing near-term capital exposure. The property also presents an opportunity to increase net operating income through the implementation of a utility bill-back program, allowing ownership to recapture a portion of currently landlord-paid utilities and improve cash flow.

11916 - 12000 E 14th Avenue, Aurora

$1,560,000

9447714 MLS

As exclusive advisor, MMG Real Estate Advisors is pleased to offer the rare opportunity to acquire 1129 Akron St a 13-unit multifamily community located in Denver, CO. » A block away from Lowry Park and Lowry Family Health Center » A short walk from Wings Over the Rockies Air & Space Museum » A few blocks away from the E 11th Ave and Boston Bus Stop

1129 Akron Street, Aurora

$5,400,000

7994822 MLS ⋅ Colony House Apartments BLDG.

Colony House Apartments is a secured 37 unit apartment building with a mix of (1) one-studio, (34) thirty-four one bedroom/1 bathroom and (3) three, two bedroom units. Over 80% of the units have been remodeled since 2020 with new cabinets, flooring, new double paned windows… The building is 4 stories and service with a new elevator (2017). It has a pool that has been covered and all mechanical systems are still in place. Boiler and water heater were replaced in 2025. Rent upside in this secure building with a 16-camera security system. On-site office and two storage sheds. The parking lot has (35) thirty-five off-street parking spots with additional on street parking. Next door to King Soopers grocery store and bus routes. Across the street from Aurora senior center and recreation center including large park. Only 2 miles from Aurora medical complex and I-225 via Alameda Ave. Upside in rents and utility bill back for gas, water, and trash.

152 Del Mar Circle, Aurora

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