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427 S Lincoln StreetDenver, CO 80209

For Sale

$825,000

Smart Buyer Rebate $8,250

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.

Listed by Greg Cunningham

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License #022990

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Grace Management & Invest.

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303-641-7694

Last updated July 01, 2026

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Source: REcolorado #2419981

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Broadway
  • Bedrooms2
  • Bathrooms3
  • Days on Prevu31
  • Taxes$4,360/year
  • Size2,352 sqft
  • Price per sqft$351

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/01/2026
Listed by Grace Management & Invest.
$825,000

Property Details for 427 S Lincoln Street

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: Quadruplex
  • Year Built: 1925
  • Common Walls: Something Above, Something Below, 1 Common Wall
  • Construction Materials: Frame

Features

  • Fencing: Partial

Measurements

  • Building Area Total: 2,653
  • Lot Features: Level, Near Public Transit
  • Lot Size Acres: 0.21
  • Lot Size Area: 8,950
  • Lot Size Square Feet: 8,950
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $58,000.00

Taxes

  • Parcel Number: 5151-09-024
  • Tax Annual Amount: $4,360.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Carpet, Laminate, Linoleum, Vinyl

Measurements

  • Living Area: 2,352

Rooms

  • Basement: Finished, Full
  • Has Basement: Yes
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 2

Other

General

  • Exclusions: Tenant personal property.

Location

  • Subdivision Name: South Broadway

Parking

Parking

  • Parking Features: Gravel
  • Parking Total: 7

Schools

Elementary School

  • Elementary School: Lincoln
  • Elementary School District: Denver 1

High School

  • High School: South
  • High School District: Denver 1

Middle or Junior School

  • Middle Or Junior School: Grant
  • Middle Or Junior School District: Denver 1

Utilities

Equipment

  • Electric: 110V, 220 Volts
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 2 bedrooms and 3 bathrooms in this multi-family home at 427 S Lincoln Street.

What schools are nearby to 427 S Lincoln Street?

Nearby schools include the Lincoln Elementary School, Grant Middle School, and South High School.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 427 S Lincoln Street.

What are the annual taxes for 427 S Lincoln Street?

Annual taxes for this multi-family home are estimated at $4,360.

How does 427 S Lincoln Street compare to other multi-family homes in South Broadway?

This multi-family home is listed 0% below the average price for multi-family homes in South Broadway and has been on the market for 26 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,352 sqft.

427 S Lincoln Street is a 2-bedroom, 3-bath multi-family home for sale in Denver CO 80209. On Prevu for 31 days at $825,000. This property features 2,352 square feet of living space, located in South Broadway. The median listing price for multi-family homes in this area is $488,000. Nearby schools include Lincoln Elementary School, Grant Middle School, and South High School. Property amenities include parking. View other multi-family home listings in Denver.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.