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Snyder Realty Team | Wash Park Realtor

Platt Park and Washington Park Neighborhood Specialists

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11948 E 17th Avenue
Aurora, CO 80010
FOR
SALE
$2,100,000
Active
12,750
Sqft
0.31
Acres
1971
Yr. Built
MLS# 8685558
Cumulative Days on Market: 44 · Includes prior listings · Currently listed since 07/27/26 · Data provided by the MLS.

Property Description

11948 E. 17th Avenue presents an exceptional value-add opportunity with significant upside in one of Metro Denver's strongest rental markets. This approved short sale features 18 apartment units directly across from the CU Anschutz Medical Campus and is priced at just $2.1 million.

The property includes five (5) three-bedroom, twelve (12) two-bedroom, and one (1) one-bedroom apartments, offering multiple strategies for increasing NOI through lease-up, renovations, and operational improvements. Investors may also explore mid-term rental opportunities to serve the area's growing healthcare workforce.

With a projected after-repair value (ARV) of $2.8M–$2.9M, this is an outstanding opportunity for investors seeking immediate upside and long-term appreciation. Financial projections assume a $200, 000 capital improvement investment during Year 1, resulting in a projected Year 2 pro forma cap rate of 8.84%.

Approved Short Sale – Seller Encourages All Offers. Contact the listing team for the Offering Memorandum, financials, and a private tour.

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Property Highlights

Property Type
Commercial Sale
Property Sub Type
Multi Family
Acres
0.31
Year Built
1971

Location

City/Township
Aurora
County
Adams
Zoning
MU-FB

Property Details

Price
$2,100,000
Property Type
Commercial Sale
Property Sub Type
Multi Family

Building

Structure Type
Low Rise (1-3)
Total Area
12,750

Interior Features

Area and Spaces

Number of Units
18

Building Details

Construction

Year Built
1971

Materials

Construction Materials
Brick, Frame

Terms

Commercial

Cap Rate
8.84

Terms

Exclusions
Tenant personal property
Special Terms
Cash

Taxes

Tax

Tax (Annual)
$20,381

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.31
Lot Size
13,373
Lot Size Area Sq Ft
13,373
Lot Features
Corner Lot
Road Surface
Paved

Parking

Total Parking Spaces
17
Listed by Keller Williams Integrity Real Estate LLC, [email protected], 720-575-2870
Listing Data last updated 09/09/2026 06:00 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 10-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
44 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 44 days (includes prior listings) · Currently listed since July 27, 2026. Data provided by the MLS.

Similar Properties
11948 E 17th Avenue - MLS#8685558 - $2,100,000
Listed by Keller Williams Integrity Real Estate LLC, Michelle Glass

Snyder Realty Team Info




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Direct Line:
Denver Office: 303-390-1643

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Why Choose Us?

Experience

- The Snyder Realty Team has extensive knowledge of the classic Denver neighborhoods, with a special focus on the Platt Park neighborhood and Washington Park neighborhood. So whether you're looking for homes for sale in the Denver area or the time has come for you to sell, you’ve come to the right place.

Commitment

- It is the Snyder Realty Team's goal to provide you the highest level of experience and professionalism. Feel free to check out the testimonial section of our website to see what others have said about us.

Service

- Every buyer or seller has their own unique needs and expectations. Our goal is to always exceed those expectations and make the entire process as smooth and enjoyable as possible.