About 1435 Lima Street
INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Month to month leases - 100% occupied. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Perfect for investors seeking a light-to-heavy rehab multifamily deal, this property presents the chance to unlock value and increase NOI in a high-demand rental market. With strong fundamentals and flexible lease terms, investors can quickly implement improvements and maximize long-term returns. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes—enhancing rental appeal and future appreciation potential. This property must be purchased alongside 1455 Lima St. for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.
Features of 1435 Lima Street
| MLS® # | 7413329 |
|---|---|
| Price | $395,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,270 |
| Acres | 0.14 |
| Year Built | 1954 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1435 Lima Street |
|---|---|
| Subdivision | Delmar Parkway |
| City | Aurora |
| County | Arapahoe |
| State | CO |
| Zip Code | 80010 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Microwave, Oven, Range, Refrigerator |
|---|---|
| Heating | Baseboard |
| Cooling | Other |
| Fireplace | No |
| Stories | One |
| Basement | Partial, Unfinished |
Exterior
| Roof | Unknown |
|---|---|
| Fencing | None |
School Information
| District | Adams-Arapahoe 28J |
|---|---|
| Elementary | Kenton |
| Middle | Aurora West |
| High | Aurora Central |
Additional Information
| Date Listed | April 29th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Integrity Real Estate LLC |
|---|---|
| Contact Info | MichelleDirect@kw.com,720-575-2870 |
| Contact | MichelleDirect@kw.com,720-575-2870 |