Move-In Ready Condo with
For Sale
$230,000
14435 E 1st Drive #B2, Aurora, CO 80011
Updated condo with community amenities, convenient location, and move-in readiness.
Property Size1,038 SF
Price / SF$221.58
Days on Market500
Property Features for 14435 E 1st Drive #B2
General Information
Standard status
Active
Size
1,038 SF
Property subtype
Condominium
Amenities
Fireplace
Cable Ready
Central Air
Forced Air
Cooktop
Dishwasher
Dryer
Microwave
Oven
Refrigerator
Washer
Deck, Patio, Porch, Natural Gas Connected, Internet Access (Wired), Electricity Connected, Phone Available, Cable Available, Shingle, Wood
Building Details
Building Size
1,038 SF
Year Built
1982
Listing Agency:
Keller Williams Realty DTC
Listed By:
Lydia Golesh · License #55043201
(303) 731-9974
Source:
Kw
Added: Jun 6, 2025
Changed: Oct 14
Last Checked: Oct 16 at 8:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty DTC
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Investment Insights
Based on property information with market context.
This property in the Cherry Grove East community features a living room with a wood-burning fireplace and access to a large patio, a dining area, and an upgraded kitchen with stainless steel appliances and new cabinets, complete with a pantry. The primary suite includes space for an in-home office, a large walk-in closet, and an upgraded bathroom. The auxiliary bathroom is also upgraded. The second bedroom provides additional access to the covered patio, which overlooks the courtyard. The home includes an oversized laundry room and linen closets. The property has a deeded, covered carport space. Community amenities include a clubhouse, pool, and renovated tennis courts, with pickleball courts planned. Located near I-225, the Denver Tech Center, and Downtown Denver, the property offers access to the High Line Canal Trail, Bicentennial Park, Town Center of Aurora, and Aurora Hills Golf Course. Light rail stations are located within a mile of the property. The property contains 1038 square feet.
Key Highlights
- Move‑in ready condo with upgraded kitchen and bathrooms.
- Community amenities include a clubhouse, pool, renovated tennis courts, and soon‑to‑come pickleball courts.
- Convenient location with easy access to I‑225, Denver Tech Center, and Downtown Denver; close to light rail stations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,467
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,340
$249.3K
Cap Rate 7%
$178,100
$178.1K
Cap Rate 9%
$138,522
$138.5K
Market Conditions
NOI Build-Up for 1,038 SF
Gross rent
$24.2K $23.28/SF
− Vacancy
−$1.5K −$1.44/SF
EGI
$22.7K $21.84/SF
− OpEx
−$10.2K −$9.83/SF
NOI
$12.5K $12.01/SF
Area
ZIP 80011
Vacancy
6.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,340
Cap Rate 7%
$178,100
Cap Rate 9%
$138,522
Alternative Uses
Best Use
Apartment 5plus
$178.1K
$155.8K – $207.8K
NOI $12,467 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$239.4K
$209.5K – $279.3K
NOI $16,758 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated condo with community amenities, convenient location, and move-in readiness.
Where is this apartment building located?
The property is located at 14435 E 1st Drive #B2 Aurora, CO.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Move‑in ready condo with upgraded kitchen and bathrooms.; Community amenities include a clubhouse, pool, renovated tennis courts, and soon‑to‑come pickleball courts.; Convenient location with easy access to I‑225, Denver Tech Center, and Downtown Denver; close to light rail stations.
