About 427 S Lincoln Street
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.
Features of 427 S Lincoln Street
| MLS® # | 2419981 |
|---|---|
| Price | $789,000 |
| Bedrooms | 2 |
| Bathrooms | 3.00 |
| Square Footage | 2,352 |
| Acres | 0.21 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 427 S Lincoln Street |
|---|---|
| Subdivision | South Broadway |
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80209 |
Amenities
| Utilities | Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected |
|---|---|
| Parking Spaces | 7 |
| Parking | Gravel |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | One |
Exterior
| Lot Description | Level, Near Public Transit |
|---|---|
| Roof | Composition |
School Information
| District | Denver 1 |
|---|---|
| Elementary | Lincoln |
| Middle | Grant |
| High | South |
Additional Information
| Date Listed | July 1st, 2026 |
|---|---|
| Zoning | U-TU-B2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Grace Management & Invest. |
|---|---|
| Contact Info | greg@rentgrace.com,303-641-7694 |
