Updated Brick Fourplex with
2396 S Linden Court, Denver, CO 80222
Updated four-unit brick property with two-bedroom layouts, in-unit laundry hookups, and multiple off-street parking options.
Type:Multi Family
Property size:
3,234 SFPrice / SF:
$277/SF- Added:
- Nov 7, 2025
- Days on Market:
- 242
- Last Refresh:
- Jul 5 at 2:50 am
Property Features for 2396 S Linden Court
General Information
- Standard status
- Active
- Size
- 3,234 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1965
Listing office LoKation (720) 628-0084
Listing date Nov 7, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of LoKation
HighLights
- Four‑unit brick fourplex built in 1965, with four 808 SF units, each offering 2 bedrooms and 1 bath
- Each unit includes a refrigerator, stove/oven, microwave, and washer/dryer hookups
- Owner‑paid utilities currently include all utilities in the rent; each unit has a separate electric meter for potential tenant billing
- Updates include roof replacement in 2019 and water backflow assembly replacement in 2025
- Hot water and heating features include an on‑demand hot water system, separate central boiler, separate boiler for baseboard heat, and 2 Rinnai tankless hot water heaters
- Parking includes five designated alley spaces plus off‑street parking along the side and front
Overview
This updated brick fourplex contains four spacious units, each with two bedrooms and one bathroom, and each equipped with a refrigerator, stove/oven, microwave, and washer/dryer hookups. The building includes an on-demand hot water system and a separate central boiler, with baseboard heat supported by a separate boiler and hot water provided through two Rinnai tankless units. The roof was replaced in 2019 and the water backflow assembly was replaced in 2025. One unit is described as a corner unit and includes fenced, low-maintenance front-yard landscaping.
The property includes off-street parking along the side and front, plus five designated alley parking spaces. The remarks note that all utilities are currently paid by the owner and included in the rent, while each unit has a separate electric meter that allows future electric billing to be transferred to tenants. All units are currently rented.
For investors or owners seeking a low-maintenance, income-producing multifamily asset, this fourplex offers consistent unit layouts and a package of mechanical and exterior updates. The presence of separate electric meters and dedicated parking supports straightforward operational management, while the in-unit appliance set and washer/dryer hookups improve day-to-day tenant convenience.
The property includes off-street parking along the side and front, plus five designated alley parking spaces. The remarks note that all utilities are currently paid by the owner and included in the rent, while each unit has a separate electric meter that allows future electric billing to be transferred to tenants. All units are currently rented.
For investors or owners seeking a low-maintenance, income-producing multifamily asset, this fourplex offers consistent unit layouts and a package of mechanical and exterior updates. The presence of separate electric meters and dedicated parking supports straightforward operational management, while the in-unit appliance set and washer/dryer hookups improve day-to-day tenant convenience.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.5k | $25.20 |
| − Vacancy | −$4.7k | −$1.46 |
| EGI | $76.8k | $23.74 |
| − OpEx | −$23.0k | −$7.12 |
| NOI | $53.7k | $16.62 |
3,234 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$767.8K
$671.8K – $895.8K
NOI $53,745 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$701.5K
$613.8K – $818.4K
NOI $49,104 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$1.03M
$900.8K – $1.20M
NOI $72,065 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.9148954
- Latitude
- 39.6731828
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Updated four-unit brick property with two-bedroom layouts, in-unit laundry hookups, and multiple off-street parking options.
Where is this quadplex located?
The property is located at 2396 S Linden Court Denver, CO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Four‑unit brick fourplex built in 1965, with four 808 SF units, each offering 2 bedrooms and 1 bath; Each unit includes a refrigerator, stove/oven, microwave, and washer/dryer hookups; Owner‑paid utilities currently include all utilities in the rent; each unit has a separate electric meter for potential tenant billing
