$825,000

427 S Lincoln Street, Denver, CO 80209

  • 2 beds |
  • 3 baths |
  • 2,352 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $351/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Outstanding value-add investment opportunity on a rare double lot in a prime central Denver location! Originally built as a single-family home, this property was converted into a four-unit income property featuring a studio, one-bedroom, two-bedroom, and three-bedroom unit, offering a diverse unit mix and multiple income streams. Three of the four units are currently tenant occupied, providing immediate rental income. The fourth unit, a three-bedroom basement unit, is vacant following foundation repairs and is ready for the next owner to complete the renovation. With the remaining improvements finished, the property offers an excellent opportunity to increase rental income and build additional equity. Situated on a double lot, the property features a large off-street parking area with space for approximately six vehicles—a valuable amenity in central Denver. Conveniently located near South Broadway, downtown Denver, shopping, restaurants, parks, public transportation, and major commuter routes, this property presents an excellent opportunity for investors seeking immediate cash flow with significant upside potential. Property is being sold AS-IS.

Listing Status:
Active
Data Last Updated:
July 4, 2026 at 9:20PM
Listing Office:
Grace Management & Invest. : 303-255-1990
Listing Agent:
Greg Cunningham : 303-641-7694
MLS ID:
2419981
  • Laundry: None
  • Basement: FinishedFull
  • Flooring: CarpetLaminateLinoleumVinyl
  • A/C: None
  • Heating: Baseboard
  • Parking: GravelParking spaces: 7
  • Roofing: Composition
  • General: One
  • Originating MLS: recolorado
  • School District: Denver 1
  • County: Denver
  • Zoning: U-TU-B2L 10 TO 12 INC EXC REAR 5FT TO CITY BLK 2 POMEROYS SOUTHBROADWAY SUB5151-09-024
  • Fencing: Partial
  • Utilities: Electricity ConnectedInternet Access (Wired)Natural Gas ConnectedPhone Connected110V220 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: recolorado
  • Ownership: Individual
  • Exclusions: Tenant personal property.

This listing courtesy of Greg Cunningham , Grace Management & Invest.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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