Arapahoe Homes with Multi Family Subtype

Arapahoe Homes with Multi Family Subtype

Welcome to Arapahoe County, Colorado – a vibrant and diverse region that beautifully marries suburban charm with urban convenience. Nestled just east of the bustling city of Denver, Arapahoe County offers residents a unique blend of outdoor adventures, cultural experiences, and a strong sense of community. With its picturesque landscapes, excellent schools, and a plethora of parks and recreational facilities, it’s no wonder that families and individuals alike are drawn to this thriving area.

One of the most appealing aspects of Arapahoe County is its versatile housing market, particularly in the realm of multi-family homes. Whether you’re an investor looking for rental opportunities or a homeowner seeking a property that accommodates extended family or guests, Arapahoe County’s multi-family homes offer an ideal solution. These properties often feature modern amenities, spacious layouts, and convenient access to local attractions, making them perfect for both living and investment purposes.

With a variety of neighborhoods to choose from, you can find multi-family homes in bustling areas like Aurora and Centennial, where residents enjoy easy access to shopping, dining, and entertainment. The county's commitment to maintaining green spaces and community events fosters a welcoming atmosphere, ensuring that every resident feels at home.

In Arapahoe County, you’ll discover a place where community spirit thrives, and multi-family living is not just a trend but a lifestyle choice. Explore the possibilities today and find your perfect multi-family home in this enchanting region of Colorado!

Newest Arapahoe Homes with Multi Family Subtype

$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

$1,300,000
9237909 MLS
This well-maintained multifamily offering features seven spacious, townhome-style units with an attractive and functional unit mix consisting of (6) two-bedroom/one-bath units and (1) three-bedroom/one-bath unit. The property’s two-story layouts provide larger-than-average living spaces, appealing to a broad tenant base seeking comfort and privacy. Many of the units have been recently renovated, presenting investors with immediate rental upside through continued interior enhancements and operational efficiencies. Each apartment showcases a bright, open-concept design with updated finishes, including modern kitchens equipped with white shaker cabinetry, granite-style countertops, and stainless-steel appliances. Expansive living areas are complemented by wood-style flooring, abundant natural light, and thoughtfully designed layouts. Additional features include individually metered gas and electric utilities, allowing for expense control and improved operational efficiency. With its combination of strong in-place fundamentals, upgraded interiors, and value-add potential, this property represents a compelling investment opportunity in today’s market. 7 TOWNHOME STYLE UNITS. GREAT UNIT MIX WITH (6) 2BR/1BA UNITS AND (1) 3BR/1BA UNIT. RECENTLY RENOVATED UNITS WITH IMMEDIATE RENTAL UPSIDE. TWO-STORY LAYOUT AVERAGING ROUGHLY 1,000 SF PER UNIT. INDIVIDUALLY METERED FOR GAS & ELECTRIC. THIS PROPERTY CAN ALSO BE PURCHASED WITH 5710 S. PENNSYLVANIA STREET (6-UNIT PROPERTY) AND WITH 5702 S. PEARL STREET (4-UNIT PROPERTY)

5511 S Delaware Street, Littleton

$1,150,000
9729382 MLS
5710 S Pennsylvania Street presents a compelling multifamily investment opportunity featuring six well-designed residential units on a large lot with private, fenced-in outdoor space for tenant enjoyment. The property offers a diverse unit mix, consisting of (1) three-bedroom/two-bath unit, (2) two-bedroom/ one-bath units, and (3) one-bedroom/one-bath units, catering to a wide range of renters. The units have been recently renovated, providing immediate rental upside through continued leasing and operational optimization. The recently updated units include new bathrooms, updated flooring, and modern kitchens that are equipped with white shaker cabinetry, granite-style countertops, and stainless-steel appliances. Unit sizes range from approximately 650 to 1,100 square feet, offering tenants larger-than-average living spaces. Units are equipped with in-unit washer and dryer, further enhancing tenant convenience and desirability. The property sits directly across the street from Littleton High School and is highly walkable, with convenient access to numerous restaurants, retail shops, and a nearby King Soopers along Broadway. GREAT UNIT MIX WITH (1) 3BR/2BA UNIT, (2) 2BR/1BA U NITS, A ND (3) 1BR/1BA UNITS. RECENTLY RENOVATED UNITS WITH IMMEDIATE RENTAL UPSIDE. LARGE UNITS SPANNING FROM ROUGHLY 650 SF TO 1,100 SF. PRIVATE YARD SPACE FOR TENANTS TO ENJOY AS AMENITY. IN-UNIT WASHER AND DRYER INCLUDED. THIS PROPERTY CAN ALSO BE PURCHASED WITH 5511 S. DELAWARE STREET (7-UNIT PROPERTY) AND WITH 5702 S. PEARL STREET (4-UNIT PROPERTY)

5710 S Pennsylvania Street, Littleton

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