Address
342 S Lincoln Street, Denver, CO
Price
$ 999,999
Property Attributes
- MLS#2026500
- TypeMulti-Family
- Listing Status Active
- CountyDENVER
- CityDenver
- NeighborhoodWashington Park West
- Zip80209
- StyleTriplex
- Year Built1919
- Taxes$ 3793
- Price$ 999,999
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2245
- Lot Size0.09 Acres
Data Source:
REColorado (MTOMLS)
Property Description
A prime investment opportunity in Denver's highly desirable West Wash Park neighborhood, 342 S Lincoln, appraised at $1,295,000 in November 2023. This fully renovated, three-unit building offers a lucrative rental profile, featuring two spacious one-bedroom apartments with versatile den spaces, ideal for home offices, and a large three-bedroom, two-bathroom unit. Modern upgrades throughout include new kitchens, bathrooms, flooring, and fixtures, complemented by in-unit washer/dryers and three off-street parking spaces. Finishes are the same in all three units. Its proximity to South Broadway's vibrant nightlife and dining scene, combined with the blend of classic exterior charm and contemporary interiors, ensures low vacancy and consistent cash flow. All photos of are of unit #1, please use video links to see the other units.
| Elementary School | Middle School | High School |
|---|---|---|
| Lincoln Elementary School | Grant Middle School | South High School |
| Price History | |
|---|---|
| 5/8/2026 | Listed $999,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Wall Furnace |
| Cooling | Air Conditioning-Room |
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected |
| Possession | Closing/DOD,Negotiable,Other,Subject To Tenant Rights |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Oven,Refrigerator,Washer |
| Zoning | U-TU-B2 |
| Patio/Porch Features | Covered,Front Porch |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Brick |
| Exclusions | Seller/tenants personal property and staging. |
| Year Built | 1919 |
| Tenant Pays | Electricity,Gas,Internet,Telephone,Trash Collection,Water |
| Levels | Two |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| Ownership | Individual |
| Gross Income | 79155 |
| OwnerPays | Electricity,Gas,Insurance,Other,Taxes,Trash Collection,Water |
| County | Denver |
| Operating Expense | 12619 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Washington Park West |
| Status | Active |
| High School | South |
| City | Denver |
| Senior Community Y/N | No |
| High School District | Denver 1 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3920 |
| Listing Terms | Cash,Conventional |
| Elementary School | Lincoln |
| Tax Annual Amount | 3793 |
| Middle/Junior High School | Grant |
| Property Condition | Updated/Remodeled |
| Ok to Lease | Other |
| Virtual Tour | https://youtu.be/bCu3RoKiQAE?si=pETU3bax3oDayBFh |
| Structure Type | Triplex |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Denver 1 |
| Elementary School District | Denver 1 |
| Cap Rate | 6.65 |
Interior Features
| Interior Amenities | Eat-in Kitchen,Quartz Counters |
|---|---|
| Basement | Finished,Walk-Out Access |
| Flooring | Tile,Vinyl,Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Living Room,Wood Burning |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 1466 |
| Laundry Features | Multiple Locations |
| Total Bedrooms | 7 |
| Below Grade Finished Area | 740 |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Private Yard |
|---|---|
| Fencing | Full |
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 3 |
| Lot Size Area | 3920 |
| Foundation Details | Slab |
| Building Area Total | 2245 |
| Lot Size Acres | 0.09 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80209
Price
Taxes
Year Built
Visits
