# 1391 Lima St, Aurora, CO 80010

> **TL;DR:** single family, $1,200,000, built 1965.
> A/C. Est. $5,200/mo. Listed 186 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Year Built | 1965 |
| Lot Size | 6,098 sqft (0.14 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 186 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Nearby Schools

- **Elementary:** Kenton
- **High:** Aurora Central

## Key Amenities

- A/C

## Property Highlights

- Built in 1965
- 0.14 acre lot

## Description

### Agent Description
Located in the heart of the rapidly growing Delmar Parkway neighborhood, this 8-unit multifamily is in a prime position to take advantage of Aurora's expected 40% growth by 2050. It's currently operating at a strong 6.5% actual cap rate, but simple adjustments like modest rent increases and adding a utility billback system would raise returns to at least 7.4%. With Anschutz Medical Campus just minutes away, this property is ideal for mid-term rentals catering to traveling nurses, providing the chance for even greater returns. Each unit has been updated with modern finishes and newer appliances, offering a turnkey experience for a new owner. Major recent upgrades include a 25-year Class 4 impact-resistant roof and a radon mitigation system completed in 2021. The building offers secure access, on-site laundry, and private basement storage for each unit. With a Walk Score of 83, tenants have easy access to restaurants, coffee shops, and grocery stores. With great cash flow and plenty of upside, this property is a rare find in one of Aurora's hottest neighborhoods.

## Location

- **Address:** 1391 Lima St, Aurora, CO 80010
- **County:** Arapahoe
- **Neighborhood:** Aurora Heights
- **Coordinates:** 39.738141, -104.856777
- **Google Maps:** https://www.google.com/maps?q=39.738141,-104.856777

## Listing Agent

- **Name:** Valerie Cannistraro
- **Brokerage:** LoKation Real Estate
- **Phone:** 3036181171
- **Email:** valerie@valerierealtor.com

## Primary Photo

![1391 Lima St - Primary Photo](http://lh.rdcpix.com/9a2fbd5f9dc52af4359c4bf3d68b7df1l-f394250254r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/1391-lima-st-aurora-co-80010-1045199)*

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**MLS#:** 1045199 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1391-lima-st-aurora-co-80010-1045199)

---

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