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2 Beds
3 Baths
2,352 sqft

$789,000

427 S Lincoln St, Denver CO, 80209

Price per sqft$335.46
Built in1925
Property size2,352 sqft
Property typeResidential
Courtesy of Grace Management & Invest., Greg Cunningham Listing Contact: [email protected],303-641-7694

Overview

Active

Listed Jul 1, 2026

Updated Aug 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.

$5,249/mo

Est. mortgage payment based on a $789,000 home price.

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

Additional information

MLS® ID
2419981

Interior Features

Bedrooms
2
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$4,360
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Information and Real Estate Services, LLC (IRES) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:41 AM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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