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8 Beds
4 Baths
4,200 sqft

$990,000

493 Fulton Street, Aurora CO, 80010

Price per sqft$235.71
Built in1941
Property size4,200 sqft
Property typeMulti-family

Overview

Active

Listed Jun 14, 2026

Updated Aug 20

Prime development opportunity with owner occupied potential in the heart of Aurora! Positioned on an expansive 0.54-acre parcel (23,522 square feet), 493 Fulton St is a nicely updated, currently occupied residential fourplex that also represents a blank canvas for forward-thinking builders, developers, or long-term land-banking investors looking to capitalize on Aurora's massive trajectory. It offers an exceptionally rare large footprint size that is virtually impossible to assemble in established residential neighborhoods today. Location is everything, and this lot boasts an enviable position surrounded by premier Denver-metro hotspots. Future residents will enjoy immediate proximity to the burgeoning Anschutz Medical Campus (Home to the University of Colorado, Children’s Hospital, and the Veterans Affairs hospital) just a few miles away, making it a high-demand node for healthcare professionals, researchers, and students. The property sits just a two-minute drive from the vibrant Lowry neighborhood and the bustling Stanley Marketplace, offering instant access to trendy local eateries, boutique retail shops, community events, and dynamic makerspaces. Additionally, outdoor recreation and urban amenities are easily accessible with the nearby CommonGround Golf Course, Lowry Park, and the bustling shopping hubs along Havana Street. The flexible R2 zoning opens the door for premium future redevelopment, making it the perfect site for an ambitious new construction project. Builders can look into the feasibility of higher-density concepts, multiple detached single-family builds, or innovative multi-unit configurations. The current zoning implies opportunities for either 6-10 individual townhomes or 12-16 apartments, subject to city approval. For buyers seeking a creative exit or an entry-level investment strategy, a unique owner-occupant scenario also awaits.

$6,586/mo

Est. mortgage payment based on a $990,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7298038

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.54 Acres

Other Property Details

Taxes
$6,456
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo
Listed by Mavi Unlimited Inc, Michael Hoover, Listing Contact:  
 

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