6 months on rocket

1183 Akron St, Aurora, CO, 80010

$590,000

Home List Price

$7,006*

Closing Credit

5 Bedrooms
4 Baths
2,263 SqFt
$261/SqFt
Multi

Location

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1183 Akron St, Aurora$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1955
HeatingForced Air
CoolingNone
BasementYes
MLS #8641652
Lot Size0.22 Acres
StatusActive

About 1183 Akron St

Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex for $590k with one 2bed/1bath & three 1bed/1 bath units. The two bedroom unit even has an unfinished basement with separate exterior entrance! Here's where the value-add comes into play: one of the units is currently only renting for $775 and the 2 bedroom is only renting for $880, which is unheard of for a rental in the Denver Metro. These will be renewed prior to 3/31/25 for $1,100 and $1,400+. The other two units have already been renewed at $1,100. Conveniently located with strong rental demand, these properties offer steady income potential. Now is the time to act to get a cash-flowing 4plex for a low price before rents increase and the value increases. We originally had 3 side-by-side 4plexes with 1183 Akron, 1193 Akron, and 8960 E 12th, which already sold for $620k on 6/25/24. 1193 Akron Street is also $590k and already has 4 units leased at $1,100 and a common area laundry room with laundry income potential (but no 2nd bedroom unit).

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1955
  • Living Area: 2,263 SqFt

Listing Office:

  • Office Name: MODestate
  • Office Phone: (303) 250-5090
  • Listing Agent: Phillip Bicker

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $2,814
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Aurora, CO.

Med. Sold Price

$485K

Med. Price/SqFt

$268

Avg. Days On Market

47

# of Sold Homes

437

1183 Akron St vs Aurora

187 DAYS ON ROCKET

+140 Days

$590,000

+$104.9K More

$261/SqFt

-$8 Less

KEY TAKEAWAY

This property is $104.9K more than the Median Sold Price and $8/SqFt less than other homes in Aurora, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #8641652

Listing Office:

  • Office Name: MODestate
  • Office Phone: (303) 250-5090
  • Listing Agent: Phillip Bicker

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 3:12:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2008Home Sold
$165,000
Sep 02, 2008Home Sold
$111,000
Jun 13, 2005Home Sold
$360,000
Mar 21, 2002Home Sold
$265,000
Sep 01, 1998Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,814$27,170
2019$1,801$27,360
2018$1,801$21,651
2017$1,519$21,651

History based on county public records data.

Payment Calculator

$3,012

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-449823
3
/10
  • Fulton Academy of Excellence

  • 755 Fulton St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-449824
4
/10
  • Crawford Elementary School

  • 1600 Florence St

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-449825
5
/10
  • Ashley Elementary School

  • 1914 Syracuse St

  • 1.09 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,353. The majority of Aurora, CO residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Colorado›Denver County›Aurora›80010›1183 Akron St

This home is located at 1183 Akron St in Aurora, CO and zip code 80010 in the Del Mar Parkway neighborhood. This 2,263 square foot home, which was built in 1955, sits on a 0.22 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $590,000.

Over 99 listings were sold over their listed price in October 2024 in Aurora, CO. In the same period over 190 listings were sold below the listed price and 148 listings were sold for the listed price. The number of homes for sale in Aurora, CO increased by 7.3% between September 2024 and October 2024. In October 2024 median list price was $485,078 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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