427 S Lincoln Street Denver, CO $ 825,000
427 S Lincoln Street
$ 825,000
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427 S Lincoln Street

Denver, CO, 80209
$ 825,000
Bedrooms2 Baths3.0 Sq 2,653

Monthly Estimate*

$ 5,209

Listed by Grace Management & Invest.
427 S Lincoln Street, Denver, CO 80209 - Image 1
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Multi-Family Home for sale in Denver, CO

for $825,000 with 2 bedrooms and 3 full baths. This 2,653 square foot home was built in 1925 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 825,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,360

Style

Quadruplex

Lot Size

0.21

Year Built

1925

Town/City

Denver

County/Region

Denver

MLS | Web ID

2419981

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling None
Utilities Electricity Connected Internet Access (Wired) Natural Gas Connected Phone Connected
Possession Closing/DOD Subject To Tenant Rights
Roof Composition
Zoning U-TU-B2
Garage Spaces 0
Construction Materials Frame
Exclusions Tenant personal property.
Year Built 1925
Electric 110V 220 Volts
Levels One
Property Subtype Quadruplex
Tax Year 2025
Ownership Individual
Gross Income 58000
County Denver
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name South Broadway
Status Active
High School South
City Denver
Senior Community Y/N N
High School District Denver 1
Lot Size Units Square Feet
Lot Size Square Feet 8950
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional
Elementary School Lincoln
Tax Annual Amount 4360
Home Warranty Y/N N
Middle/Junior High School Grant
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
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Interior
Basement Finished Full
Flooring Carpet Laminate Linoleum Vinyl
Common Walls Something Above Something Below 1 Common Wall
Basement (Y/N) Y
Above Grade Finished Area 1206
Laundry Features None
Total Bedrooms 2
Below Grade Finished Area 1146
Total Baths 3
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Exterior
Fencing Partial
Parking Features Gravel
Lot Features Level Near Public Transit
Water Source Public
Total Parking 7
Lot Size Area 8950
Building Area Total 2653
Lot Size Acres 0.21
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 427
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* Excluded Features
List By
Grace Management & Invest.

Broker

(303) 641-7694

Phone

Affordability Calculator

$5,572
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,209
Monthly Property Taxes
$363
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3044013 Elementary School
732326 Middle School
South High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$825,000 Listed Price

Map


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427 S Lincoln Street, Denver, CO, 80209 is a Multi-Family Home for sale at $825,000 with 2,653 sqft and a lot size of 0.21. 427 S Lincoln Street has 2 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 80209 which is in Denver, CO