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Sold on 06/25/2024

8960 E 12th Ave, Aurora, CO 80010

$577,000

Last sold 06/25/2024 for $620K

  • 5

    bed

  • 4

    bath

  • 2,130

    Sqft ($291/Sqft)

Multi-family not for sale
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About 8960 E 12th Ave

Property type Multi-family
Neighborhood
Year built 1955
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Parking 4 garage spaces
Property description
Investor's Dream in Denver Metro! Rare opportunity to own a cash-flowing 4plex well under $700k, comprising of three 1-bed, 1-bath units and one 2-bed, 1-bath unit. Currently below market rents that exceed $1250/month for 1-bedroom and $1600/month for 2-bedroom units. Conveniently located with strong rental demand, this property offers steady income potential. Purchase individually or as part of a portfolio of three consecutive 4plexes: 1183 Akron St, 1193 Akron St, and 8960 E 12th Ave. Property is priced under market value due to sub-market rents, will need to act fast to capitalize on serious value-add potential!
Listed by
Listing Agent - Phillip Bicker
Listing Agent Contact: 303-250-5090
Listing Office - MODestate
Source: IRESMLS mls logo
MLS#5630797 • last updated 1 year ago
Movoto checked IRESMLS for data 2 minutes ago
Overview
Heating Forced Air
Levels/Style One, Contemporary
MLS # 5630797
Type Residential Income
Status Sold
Living Area 2130
Lot Size (Acres) 0.15
Annual Tax 3277
Interior
Total # of Bathrooms 4
Total # of Bedrooms 5
Exterior
Roof Composition
Construction Frame
Lot Features House Faces East
Fencing Partial
Amenities / Utilities
Utilities Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Water Source City
Location
County Arapahoe
Subdivision Northwestern Aurora
Middle School North
High School District Adams-Arapahoe 28J
Directions Please Use Gps
Multifamily Details
Tenant Pays Gas, Electricity
Total # of Units 4
Cap Rate 8.6
Operating Expense 8640
Gross Income 43200
$577K
Range: $525K-$628K
Last 30 days 
  • Jun 2024
    mls logo MLS # 5630797
  • Jun 25, 2024 Sold
    $620,000
  • Jun 25, 2024 Sold
    $620,000 (+1.6%)
  • May 21, 2024 Active
    —
  • May 13, 2024 Listed
    $610,000
  • May 13, 2024 Listed
    $610,000 (+12.6%)
  • Apr 2024
    mls logo MLS # 3141077
  • Apr 30, 2024 Sold
    $541,667
  • Apr 30, 2024 Sold
    $541,667 (-16.7%)
  • Mar 29, 2024 Listed
    $650,000
  • Mar 29, 2024 Listed
    $650,000
  • Apr 2024
    mls logo MLS # 6399998
  • Apr 30, 2024 Sold
    $541,667
  • Apr 9, 2024 Active
    —
  • Mar 29, 2024 Listed
    $650,000
  • Year Property taxes Tax assessment
  • 2024
    $2,986 +3.1%
    $35,000 +12.34%
  • 2023
    $2,896 -11.6%
    $31,155 -4.55%
  • 2022
    $3,277 -5.2%
    $32,640 -4.9%
  • 2021
    $3,458 +22.9%
    $34,320 +26.32%
  • 2019
    $2,814
    $27,170
  • 8960 E 12th Ave
    $620K
  • Del Mar Parkway
    $396K 0% y/y
  • 80010
    $399K -5% y/y
  • Aurora
    $475K -2% y/y
No chart available
Statistics calculated by Movoto

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3/10
Boston p-8 School
public Grades PK, K-8
Adams-Arapahoe 28j School District
4/10
Aurora Central High School
public Grades PK, K-12
Adams-Arapahoe 28j School District
Source: GreatSchools.org © 2026. All rights reserved.

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