$895,000
PENDING $30K PRICE DROP

Estimated payment $5,367/month

Total Views 958
12 Beds
9 Baths
4,797 Sq Ft
$187 Price per Sq Ft

Highlights

  • No HOA
  • Property is Fully Fenced
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

Cushman & Wakefield is thrilled to present 56 Lansing Street in Aurora, Colorado—a prime investment opportunity with a 7.58 Cap Rate in the thriving High Villages submarket. This well-maintained multi-family property features three spacious units, each offering 4 bedrooms, and is ideally positioned for both immediate cash flow and long-term growth.
Built in 1971, the property boasts a solid structure and consistent upkeep, making it an attractive asset for seasoned investors seeking reliable, steady returns. Its strategic location near major transportation routes, including I-225 and I-70, provides easy access to the Denver metro area and key destinations like Denver International Airport.
Highland Park continues to experience strong growth, rental demand remains high, ensuring a consistent stream of potential tenants. This dynamic market presents a unique opportunity to capitalize on both rental income and future property appreciation.
56 Lansing Street is a rare chance to acquire a well-located, income-producing asset in one of Aurora’s most desirable neighborhoods.
With robust rental demand and significant upside potential, this property is a standout addition to any real estate portfolio.

Please contact Benton Adams 303-328-5208 for information or showings.

Listing Agent

Nic Polaski

Cushman & Wakefield Brokerage Email: Nic.Polaski@cushwake.com,719-238-9074 License #100099164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1971

Lot Details

  • 9,148 Sq Ft Lot
  • Two or More Common Walls
  • Property is Fully Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,797 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lansing Elementary School
  • Aurora Hills Middle School
  • Aurora Central High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031123861

Community Details

Overview

  • No Home Owners Association
  • Highline Villages Subdivision

Building Details

  • Operating Expense $22,083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,462

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 4797
  • Exclusions: N/A
  • Living Area: 4797
  • SubdivisionName: Highline Villages
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Attribution Contact: Nic.Polaski@cushwake.com,719-238-9074
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Laminate
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 12

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 22083

Schools

  • Middle Or Junior School: Aurora Hills

Lot Info

  • Parcel Number: 031123861
  • Lot Size Acres: 0.21
  • Fencing: Full
  • Building Area Total: 4797
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4462.28

MLS Schools

  • Elementary School: Lansing
  • High School: Aurora Central

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,160 $46,565 -- --
2023 $6,160 $46,565 $0 $0
2022 $4,339 $38,760 $0 $0
2021 $4,106 $38,760 $0 $0
2020 $3,780 $36,308 $0 $0
2019 $3,760 $36,308 $0 $0
2018 $2,490 $23,551 $0 $0
2017 $2,166 $23,551 $0 $0
2016 $2,045 $21,771 $0 $0
2015 $1,974 $21,771 $0 $0
2014 $1,161 $12,330 $0 $0
2013 -- $10,240 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $895,000 -3.2% $187 / Sq Ft
03/27/2025 03/27/25 For Sale $925,000 -- $193 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed $572,000 Homestead Title & Escrow
Interfamily Deed Transfer -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,900 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $423,750 New Conventional
Previous Owner $0 Unknown
Previous Owner $220,450 Unknown
Source: Public Records

Source: REcolorado®

MLS Number: 4796987

REcolorado®

APN: 1973-11-3-08-027