Multifamily Property for Sale in Aurora, CO

  • Price: $4.1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Aurora, CO 80010
  • Year built: 1962

Description

1592 Boston St is a freshly repainted, 32-unit multifamily building in North Aurora with significant upside - Part of a large 10 property, 154 unit portfolio sale. Must call for details on the full portfolio sale. Motivated Seller! This property features a diverse unit mix of 15 three-bedroom apartments, 13 two-bedroom apartments, 1 one-bedroom, and 3 studio units—offering strong rent growth potential. It Includes a laundry room with seller owned washer and dryers for additional income. Building is up to code to collect higher section 8 income. Prime location in a high-demand rental area with strong tenant demand. Just 0.6 miles from the Anschutz Medical Campus, home to UCHealth University of Colorado Hospital, Children’s Hospital Colorado, and the Rocky Mountain Regional VA Medical Center—one of the largest medical hubs in the state. Less than 1 mile to Stanley Marketplace, and just a short drive to both Lowry and the Central Park neighborhood. Located on a visible street with a steady flow of potential tenants. Land Size: 0.5 Ac | Year Built: 1962 | Listing Type: FOR SALE

Market Context

This multifamily in Aurora, CO is listed for sale at $4,144,000. It is offered at an approximate 9.1% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 1962. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Aurora, CO — <a href="/search/sale/multifamily/colorado/aurora">view the full market</a>.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: Consensus Q4 2025 market report.

Its 9.1% asking cap rate is above the Denver multifamily market average of about 5.3%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per Consensus.

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