Calling all investors or house hackers! True triplex located in the heart of Aurora. Live in one unit and rent out the other two, or else purchase and rent out all 3 units. Property consists of a 2br/1ba single family home at the front of the property and then a duplex in the rear of the property consisting of two 1br/1ba units. Both buildings come with off street parking (front and alleyway) and a shared fenced yard. Front unit has been refinished and features laminate wood flooring, granite counters, new appliances, new cabinets, new paint and new windows. Duplex in the rear includes new stucco, newer roof, new counters, new paint, new cabinets and newer appliances. All 3 leases have upcoming expirations if you wanted to consider increasing the rents. Great location with easy access to University Hospital and Downtown Denver. The City of Aurora is also revitalizing the Havana Park area located just 1 block away.
For sale
Price cut: $25K (7/10)
$550,000
1281 Iola Street, Aurora, CO 80010
4beds
3baths
1,638sqft
Est.:
Triplex
Built in 1925
-- sqft lot
$549,100 Zestimate®
$336/sqft
$-- HOA
What's special
Shared fenced yardNewer roofNew paintNew stuccoOff street parkingNew cabinetsNew appliances
- 153 days
- on Zillow |
- 214 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 05:42pm
Listed by:
Taylor Simmons TaylorSimmonsRE@gmail.com,
Hatch Realty, LLC
Source: REcolorado,MLS#: 7841358

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric, Forced Air
Cooling
- Air Conditioning-Room, Evaporative Cooling
Appliances
- Laundry: In Unit
Features
- Basement: Finished,Full
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
- Finished area above ground: 1,074
- Finished area below ground: 564
Video & virtual tour
Property
Parking
- Total spaces: 6
- Details: Off Street Spaces: 6
Features
- Levels: One
- Stories: 1
- Exterior features: Dog Run, Garden, Private Yard, Rain Gutters
- Fencing: Partial
Lot
- Features: Level, Near Public Transit
Details
- Parcel number: 031078024
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish,Traditional
- Property subtype: Triplex
Materials
- Cement Siding, Stucco
- Roof: Composition,Membrane
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Aurora
HOA
- Has HOA: No
Location
- Region: Aurora
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $525,000
- Annual tax amount: $2,927
- Date on market: 3/1/2025
- Listing terms: Cash,Conventional
- Exclusions: Tenants' Personal Property
- Ownership: Individual
- Tenant pays: Cable TV, Electricity, Gas, Telephone
- Electric utility on property: Yes
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