11948 E 17th Ave. Aurora, CO 80010 — Sale in Aurora, CO

  • Price: $3M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Aurora, CO 80010
  • Size: 12,750 SF
  • Year built: 1971

Investment Figures

Cap rate
7.16%
Price per square foot
$233
Price per unit
$165,000 across 18 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Motivated Sellers! 11948 E 17th Avenue is a Value-Add, 18-unit multifamily building in North Aurora with significant upside. Ready to be leased or repositioned for increased NOI. Motivated Seller! Featuring 18 recently updated units, 5 three bedroom apartments, 12 two bedroom apartments, and one 1 bedroom apartment. Includes a laundry room with seller owned washer and dryers for additional income. Building is up to code to collect higher section 8 income. Great location on a Main Street for higher visibility that offers a steady flow of leads for new tenants. Located right across the street from the Anschutz University Medical Center Campus, which includes UCHealth University of Colorado Hospital, Children’s Hospital and the new VA Hospital. 2 miles to Stanley Marketplace, the Lowry neighborhood, and the Central Park neighborhood of Denver. Building SF: 12750 | Land Size: 13373.0 SF | Year Built: 1971 | Listing Type: FOR SALE

Market Context

This multifamily in Aurora, CO is listed for sale at $2,970,000 across 12,750 SF. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1971. It has been on the market for 71 days. Compare it against other multifamily listings for sale in Aurora, CO — view the full market.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: multiple brokerage reports, Q4 2025.

Its 7.2% asking cap rate is above the Denver multifamily market average of about 5.3%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per multiple brokerage reports.

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