427 S Lincoln Street, Denver, CO 80209

$789,000
  • 427 S Lincoln Street, Denver, CO 80209 Main Photo

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Active Price Reduced by $36,000 on August 20th, 2026
BEDS2 BATHS3 SQUARE FEET2,653 MLS#2419981
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSouth Broadway SCHOOLDenver 1

Listing Courtesy of: Grace Management & Invest.
Agency Contact: greg@rentgrace.com,303-641-7694
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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.

427 S Lincoln Street | MLS# 2419981

This multi-family property located at 427 S Lincoln Street, Denver, CO 80209 is currently listed for sale with an asking price of $789,000. S Lincoln Street is located within the Denver 1 school district. Search Denver real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Cooling: None
Heating: Baseboard
Lot Size: 0.21 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $4,360
Year Built: 1925

Feature Descriptions

Baths Total: 3
Days on Site: 51
Exclusions: Tenant personal property.
Exterior: Frame
Fencing: Partial
Flooring: Carpet, Laminate, Linoleum, Vinyl
Laundry: None
Lot: Level, Near Public Transit
Parcel#: 5151-09-024
Parking: Gravel
Parking Notes: Gravel
Sewer: Public Sewer
Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Water: Public

Local Schools

High School: South
Middle School: Grant
Elementary School: Lincoln
School District: Denver 1

Listed By / Shown By

Listed By

Agency Name: Grace Management & Invest.
Agency Contact: greg@rentgrace.com,303-641-7694

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimate Your Payment

Estimated Payment

$ 4,479.87 per month $3,886.41 Principal & Interest $363.33 Property Tax $230.13 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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