Investors, this is the one! Approx. $15,341 annual net income with a long-term tenant in place — roughly 13% ROI at current occupancy. Current tenant paying $1,794, that ROI is truly after all expenses. 1 BR, 1 BA, 482 SF in a well-kept community with a strong owner-occupant presence. Hold the huge cash flow now. When the tenant eventually moves out and the market improves, renovate and sell into the owner-occupant market. Small condo. Massive ROI. Real flip upside later. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit.
For sale
$114,964
982 S Dearborn Way #17, Aurora, CO 80012
1beds
482sqft
Condominium
Built in 1983
-- sqft lot
$110,900 Zestimate®
$239/sqft
$273/mo HOA
What's special
- 11 days
- 142
- 10
Zillow last checked:
Listing updated:
Listed by:
Matthew Collins 720-266-8040 Matt@DenverRealtyGuru.com,
LoKation
Source: REcolorado as distributed by MLS GRID,MLS#: 9898088
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- None
Features
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 482
- Total interior livable area: 482 sqft
- Finished area above ground: 482
Property
Parking
- Total spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Exterior Access
- Patio & porch: Deck
- Exterior features: Balcony
Details
- Parcel number: 032523719
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Sable Cove
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Pool
- Services included: Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water
- HOA fee: $273 monthly
- HOA name: Sable Cove
- HOA phone: 303-232-9200
Location
- Region: Aurora
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $155,000
- Annual tax amount: $1,042
- Date on market: 11/3/2026
- Listing terms: Cash,Conventional,Other
- Exclusions: Tenant's Personal Property
- Ownership: Corporation/Trust
- Lease term: 12 Months
Estimated market value
$110,900
$105,000 - $116,000
$1,103/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Listed for sale | $114,964+34.4%$239/sqft |
Source:  REcolorado as distributed by MLS GRID #9898088 Report a problem | ||
| 1/21/2019 | Listing removed | $1,090$2/sqft |
Source: SWAN Enterprises & Consulting LLC Report a problem | ||
| 1/17/2019 | Listed for rent | $1,090+21.1%$2/sqft |
Source: SWAN Enterprises & Consulting LLC Report a problem | ||
| 2/8/2018 | Listing removed | $900$2/sqft |
Source: RD Realty Report a problem | ||
| 1/11/2018 | Listed for rent | $900-5.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/14/2017 | Listing removed | $950$2/sqft |
Source: Denver Real Estate Moguls Report a problem | ||
| 10/6/2017 | Price change | $950-2.6%$2/sqft |
Source: Denver Real Estate Moguls Report a problem | ||
| 9/22/2017 | Sold | $85,540-5%$177/sqft |
Source: Public Record Report a problem | ||
| 9/17/2017 | Listed for rent | $975$2/sqft |
Source: Denver Real Estate Moguls Report a problem | ||
| 8/29/2017 | Price change | $90,000-5.3%$187/sqft |
Source: JW REALTY #6354279 Report a problem | ||
| 8/11/2017 | Listed for sale | $95,000+95.8%$197/sqft |
Source: JW REALTY #6354279 Report a problem | ||
| 10/24/2014 | Sold | $48,519+7.9%$101/sqft |
Source: Public Record Report a problem | ||
| 9/26/2014 | Pending sale | $44,973$93/sqft |
Source: Hothem & Associates #7912191 Report a problem | ||
| 9/26/2014 | Listed for sale | $44,973+49.9%$93/sqft |
Source: Hothem & Associates #7912191 Report a problem | ||
| 1/13/2012 | Listing removed | $30,000$62/sqft |
Source: Coldwell Banker Residential Brokerage - Denver Central #1006059 Report a problem | ||
| 7/24/2011 | Price change | $30,000-14.3%$62/sqft |
Source: Coldwell Banker Residential Brokerage - Denver Central #1006059 Report a problem | ||
| 6/11/2011 | Listed for sale | $35,000-30%$73/sqft |
Source: Coldwell Banker Residential Brokerage - Denver Central #1006059 Report a problem | ||
| 2/2/2001 | Sold | $50,000+177.8%$104/sqft |
Source: Public Record Report a problem | ||
| 1/4/1995 | Sold | $18,000$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $679 +3.1% | $9,688 +36.8% |
| 2024 | $658 -6.3% | $7,082 -36.2% |
| 2023 | $703 -3.1% | $11,094 +58.5% |
| 2022 | $725 | $6,998 -2.8% |
| 2021 | -- | $7,200 +2.9% |
| 2020 | $729 +61.4% | $7,000 |
| 2019 | $452 | $7,000 +63.9% |
| 2018 | $452 +15% | $4,270 |
| 2017 | $393 | $4,270 +21.9% |
| 2016 | -- | $3,502 |
| 2015 | -- | $3,502 +141.7% |
| 2014 | $318 +132.7% | $1,449 -2.1% |
| 2013 | $136 | $1,480 |
| 2012 | -- | $1,480 |
| 2011 | $138 +1.1% | $1,480 -12.9% |
| 2010 | $136 -49.8% | $1,700 |
| 2009 | $272 | $1,700 -49.7% |
| 2008 | -- | $3,383 |
| 2007 | -- | $3,383 -7.2% |
| 2006 | -- | $3,645 |
| 2005 | -- | $3,645 +5.3% |
| 2002 | $266 +23.7% | $3,460 +27.2% |
| 2001 | $215 | $2,720 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: City Center
Nearby schools
Schools provided by the listing agent
- Elementary: Tollgate
- Middle: Aurora Hills
- High: Gateway
- District: Adams-Arapahoe 28J
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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