$10,000 Closing Credit¹
#5150918, Deb Kirschbaum, Listing Office: Priority Properties
#7091909·
Listing Office: Denver Property Team·
Listing Agent: Alexander Saldana·
Listing Office Phone: 303-552-4804
$5,641
closing credit¹
1408 Lima St Aurora, CO 80010
$475,000 List price
$5,641
Closing credit¹
4 beds
2 baths
1,714 sqft
0.2 acres
$277 / sqft
Multi-Family
Property details
About 1408 Lima St
Duplex for sale with 2, 2 bed/1 bath units for $480k! Also for sale next door is a 5 unit at 1440 Lima St for $1mil! Possible development play, rental play, house hacking play, lots of potential! City of Aurora Section 8 for a 2 bed is currently $2200/month per unit, and after utilities paid, would still pencil out an 8% cap rate with no property management. The units will need some reconfiguring to turn back into 2, 2 bed units. The current owner has been living there and made it work for their lifestyle by connecting both units together. The development play would involve buying the 5 plex next door and working with the City of Aurora to rezone. (Sellers property disclosure and the City of Aurora's Section 8 allowances in documents attached.)
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,714 sqft
Lot size0.18 Acres
Year built1952
MLS #7091909
Summary
- MLS Number: 7091909
- MLS Name: RECOLORADO
- Office Name: Denver Property Team
- Office Phone: (303) 552-4804
- Office Email: alex@reframingrealestate.com
- Listing Agent: Alexander Saldana
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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$475,000
1408 Lima St
$5,641
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,806 | $1,961 |
| 2022 | $30,600 | $2,389 |
| 2021 | $32,175 | $2,521 |
| 2020 | $19,419 | $1,270 |
| 2019 | $19,555 | $1,820 |
| 2018 | $21,874 | $1,820 |
| 2017 | $21,874 | $1,174 |
History based on county public records data.
Nearby schools
6
Kenton Elementary School
Public District PK-5
0.3 mi
•1255 Kenton St
4
Paris Elementary School
Public District PK-5
0.5 mi
•1635 Paris St
2
Montview Elementary School
Public District PK-5
0.7 mi
•2055 Moline St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,325. Typical income of Aurora, CO residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
69%
<35k
25%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
53%
Single, No Kids
21%
Single, with Kids
8%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1408 Lima St in Aurora, CO and zip code 80010 in the Del Mar Parkway neighborhood. This 1,714 square foot home, which was built in 1952, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $475,000.
Aurora, CO housing market in January 2025 saw over 85 listings sold above listed price, more than 89 sold at listed price and over 131 sold below. In January 2025 in Aurora, CO there were 9% more homes for sale than in December. The median list price of listings available in January 2025 was $489,865, while the average time on the real estate market was 61 days.
From Rocket Homes Real Estate and based on county public records data.