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12638 E Kansas Place
Aurora, CO 80012
1 day ago
NEW
·
Active
$1,600,000
$246 / Sqft
18
Beds
12
Baths
2
Garage
6,500
Sqft 1976
Yr. Built
MLS# 4360997
Cumulative Days on Market: Less than 1
· Includes prior listings
· Currently listed since 11/02/26 · Data provided by the MLS.
Property Description
6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire—or simply continue holding for yield. The opportunity is simple: cash flow now, then fix and flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.
Property Highlights
Property Type
Residential Income
Property Sub Type
Quadruplex
Bedrooms
18
Total Bathrooms
12
Living Area
6,500
Price / Sqft
$246
Year Built
1976
Location
City/Township
Aurora
Subdivision
Several
County
Arapahoe
Property Details
Price
$1,600,000
Property Type
Residential Income
Property Sub Type
Quadruplex
Building
Structure Type
Quadruplex
Levels
One
Total Area
6,500
Community
Local Schools
Elementary School
Virginia Court
Middle School
Aurora Hills
High School
Gateway
School District
Adams-Arapahoe 28J
Interior Features
Bedrooms and Bathrooms
Total Bathrooms
12
Bedrooms
18
Area and Spaces
Living Area
6,500
Above Grade Finished Area
6,500
Interior Features
Laundry Features
In Unit
Heating and Cooling
Heating Features
Forced Air
Building Details
Construction
Year Built
1976
Property Attached
Yes
Common Walls
2+ Common Walls
Materials
Construction Materials
Other
Roof
Unknown
Terms
Terms
Ownership
Corporation/Trust
Commercial
Cap Rate
6.90
Terms
Exclusions
tenants' personal property
Rental Terms
Owner Pays
Insurance, Taxes
Terms
Special Conditions
None
Rental Terms
Lease Amount
16195.00
Terms
Special Terms
Cash, Conventional, Jumbo, Other
Taxes
Tax
Tax (Annual)
$10,800
HOA
Has HOA
Yes
Association Fee
$2,775 /mo
Heating, Cooling & Utilities
Cooling Features
Central Air
Utilities
Sewer
Public Sewer
Water Source
Public
Parking
Total Parking Spaces
2
Garage Capacity
2
Listed by LoKation, [email protected], 720-266-8040
Listing Data last updated 11/02/2026 12:40 pm
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Property History
Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: Less than 1 days (includes prior listings)
· Currently listed since November 2, 2026. Data provided by the MLS.
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Listed by LoKation, Matthew Collins