CO
Denver
Denver
80209
342 S Lincoln Street
342 S Lincoln Street, Denver, CO 80209
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Listing Type
Single Family
Listing Status
Active
32
$999,999

Home Details for 342 S Lincoln Street

Price
$999,999
Type
Residential
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
3
Square feet
2206
Year built
1919
Lot size acres
0.09
County
Denver
Total rooms
20
Basement
Finished, Walk-Out Access
Days on site
83
MLS Listing#
2834934
Property Description

342 S Lincoln Street is a rare Denver opportunity with flexibility at its core. This classic early-1900s bungalow is currently active as an income-producing residential property with three rental units, while also offering exciting potential for a buyer who wants to reimagine it as a single-family residence over time. Original character remains throughout, including a wood-burning fireplace with a decorative vintage cast iron cover that adds warmth and architectural charm to the main living space. The current layout includes Unit 1, accessed from the main front door, which spans the primary living spaces of the original home across the main and upper levels. Unit 2 is tucked into the north rear corner of the original structure and is accessed privately from the backyard. Unit 3 occupies the basement level with its own private backyard access and includes a kitchen, living area, bedroom, and bathroom. Each unit has separate access, allowing occupants to maintain separation while sharing the outdoor space. Cap rate is 7.16, with projected rate of 7.45. For a buyer looking for both lifestyle and income potential, there may be an opportunity to combine Unit 1 with one of the additional units to create a more spacious primary residence while retaining one separate rental unit. For those with a larger vision, all three units could potentially be combined to create an expansive single-family home in a central Denver location. The flexible layout may also appeal to buyers seeking live/work potential, creative studio space, multigenerational living, or an owner-occupied arrangement with income potential. Three off-street parking spaces in the alley add everyday convenience and may offer future potential for a garage, garage studio, or ADU concept, subject to buyer verification of zoning, permitting, utilities, and City and County of Denver requirements. Buyer to verify zoning, rental use, short-term rental eligibility, and any desired conversion plans.

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Property Features
  • Utilities
    • Natural Gas Available
    • Cable Available
    • Electricity Connected
    • Natural Gas Connected
  • House Interior
    • Built-in Features
    • Eat-in Kitchen
    • Entrance Foyer
  • Heating Information
    • Baseboard
    • Wall Furnace
  • Basement
    • Finished
    • Walk-Out Access
  • Fire Place
    • Living Room
    • Wood Burning
  • Water Features
    • Public
School Information
School Information for 342 S Lincoln Street, Denver, CO 80209
Elementary School
Lincoln
Middle School
Grant
High School
South
Listing Courtesy: eXp Realty, LLC - 888-440-2724
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EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112
Sheryll White Broker. 303 790 7200
Office
303 790 7200
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