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18357 E Alabama Place #A, Aurora, CO, 80017

3beds
2baths
1,425sqft
$268,000
$188price/sqft
$1,833/moest. monthly cost
$73,320/yrincome needed

About This Home

Priced at $268k with a projected $330k ARV, this spacious end-unit condo is a premier value-add opportunity. Whether house-hacking for sweat equity or holding for long-term cash flow, the numbers give you room to win. Bonus: Qualified buyers can secure a 1% lender credit (usable toward rate buydowns or closing costs) with preferred lender! Ready for your updates and custom touches, this property lets you modernize at your own pace while forcing immediate equity. Meanwhile, the low-maintenance HOA handles the heavy lifting outside, covering the roof, exterior structure, water, sewer, trash, and snow removal. Prime location. A natural magnet for quality tenants: <15 Mins to Anschutz Medical Campus: Ideal for traveling nurses and medical staff. <20 Mins to DIA: Perfect home base for aviation professionals. Just Minutes to Buckley Space Force Base: Highly attractive for military personnel. Beyond location, this unit delivers. As the largest floor plan in Quail Run, this south-facing end unit shares only one wall, offers incredible natural light, gets faster winter snowmelt, includes 1 assigned parking space, and sits steps from the pool. Bring your contractor and vision. Opportunities with this much built-in upside don't last long.

Getting Around

50
WalkingCar-Dependent
28
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

5/10
2/10
Mrachek Middle SchoolGrades 6-81.0 mi
6/10
Rangeview High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1996

Materials

  • Roof: Composition
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Water Heater,Range,Refrigerator
  • Laundry features: In Unit

Bathroom

  • Level: Upper

Bathroom

  • Level: Lower

Bedroom

  • Level: Upper

Bedroom

  • Level: Lower

Bedroom

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main

Family Room

  • Level: Lower

Features

  • Corian Counters,High Ceilings,Jack & Jill Bathroom
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area above ground: 1,425
  • Common walls with other units/homes: End Unit,1 Common Wall

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,425
  • Total interior livable area: 1,425 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Property

Details

  • Parcel number: 033840542
  • Attached to another structure: Yes
  • Special condition: Standard
  • Exclusions: None

Features

  • Levels: Tri-Level
  • Entry location: Ground
  • Patio & porch: Patio
  • Exterior features: Barbecue

Parking

  • Total spaces: 1
  • Parking features: Asphalt

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Cold Wave
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,355$16,260
Home Insurance *$170$2,040
Property Taxes $122$1,464
Electricity $186$2,232
Total$1,833$21,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,845/yr
40% on housing$54,990/yr
45% on housing$48,880/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.1%
14.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 80017$146
Arapahoe County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 80017$247
Arapahoe County$246

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$266,000
2026-07-23Listed for sale$268,000

For Sale by Agent

AgentMike Lawton
BrokerageYour Castle Real Estate Inc

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