$999,999
$100K PRICE DROP

Estimated payment $5,906/month

Total Views 4,583
3 Beds
3 Baths
2,206 Sq Ft
$453 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Lincoln Elementary School Rated A-
  • Covered patio or porch
  • Partially Fenced Property

About This Home

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. 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.

Listing Agent

Vivi Gloriod

eXp Realty, LLC Brokerage Email: vivi@teamvivi.com,303-847-1868 License #100029282

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1919 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Finished Basement
  • Partial Basement

Kitchen

  • Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Lincoln Elementary School
  • Grant Middle School
  • South High School

Utilities

  • No Cooling
  • Wall Furnace
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5151-07-007

Community Details

Overview

  • No Home Owners Association
  • Washington Park West Subdivision

Building Details

  • Operating Expense $12,935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,902

Year Built

Built in 1919 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1919
  • Above Grade Finished Sq Ft: 1466
  • Exclusions: None
  • Living Area: 2206
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Washington Park West
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 39.00
  • REC_RVSpaces: 0
  • Attribution Contact: vivi@teamvivi.com,303-847-1868
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace Features: Family Room
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 740

Exterior Features

  • Foundation Details: Slab
  • Roof: Architecural Shingle
  • Construction Materials: Brick
  • Patio and Porch Features: Covered, Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Wall Furnace
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 12935

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5151-07-007
  • Lot Size Acres: 0.09
  • Fencing: Partial
  • Building Area Total: 2245
  • Lot Features: Level
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3901.5

MLS Schools

  • Elementary School: Lincoln
  • High School: South

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,902 $49,260 $9,410 $39,850
2023 $3,817 $49,260 $9,410 $39,850
2022 $3,560 $44,770 $13,290 $31,480
2021 $3,512 $47,070 $13,970 $33,100
2020 $3,098 $41,760 $13,390 $28,370
2019 $3,012 $41,760 $13,390 $28,370
2018 $2,566 $33,170 $7,030 $26,140
2017 $2,559 $33,170 $7,030 $26,140
2016 $2,249 $27,580 $2,850 $24,730
2015 $2,155 $27,580 $2,850 $24,730
2014 $2,467 $29,700 $5,166 $24,534
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Price Changed $999,999 -7.0% $453 / Sq Ft
03/20/2025 03/20/25 Price Changed $1,075,000 -2.3% $487 / Sq Ft
02/27/2025 02/27/25 For Sale $1,100,000 +45.7% $499 / Sq Ft
05/14/2021 05/14/21 Sold $755,000 +7.9% $342 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $700,000 -- $317 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $755,000 Homestead Title & Escrow
Quit Claim Deed $755,000 Homestead Title & Escrow
Quit Claim Deed -- None Available
Warranty Deed $605,000 Land Title Guarantee Co
Warranty Deed $500 None Available
Warranty Deed $340,000 Land Title Guarantee Company
Individual Deed $189,950 --
Individual Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $971,250 Credit Line Revolving
Closed $604,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $270,000 Adjustable Rate Mortgage/ARM
Previous Owner $161,785 Unknown
Previous Owner $164,644 Unknown
Previous Owner $170,950 No Value Available
Previous Owner $120,000 No Value Available
Source: Public Records

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Source: REcolorado®

MLS Number: 9382439

REcolorado®

APN: 5151-07-007