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    Goldsmith Fourplex Investment Opportunity Title is generated by Realmo AI

    2396 S Linden Ct, Denver, CO 80222

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    For Sale
    $899,000

    Fourplex in desirable Goldsmith neighborhood with strong rental income potential.

    Type:Investment
    Property size:
    3,232 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $278/SF
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 12:05 pm

    Property Features for 2396 S Linden Ct

    General Information

    Standard status
    Active
    Size
    3,232 SF
    Lot size
    0.16 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1965

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    Ben Drotar
    Ben Drotar

    Listing office LoKation

    Listing date Mar 11, 2026

    Source Elliman

    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

    • Fourplex in the desirable Goldsmith neighborhood offers a strong rental income potential.
    • Each unit is spacious (808 sq. ft.) with 2 bedrooms, 1 bath, and includes essential appliances and washer/dryer hookups.
    • No HOA fees, providing significant cost savings.
    • Separate electric meters for easy transfer of power billing to tenants in the future.
    • Low‑maintenance brick building with fenced front yard and landscaping.
    • Recent updates include on‑demand hot water system and roof replaced in 2019.

    Overview

    This residential fourplex presents an investment opportunity in the Goldsmith neighborhood. The low-maintenance brick building contains four units, each with 2 bedrooms and 1 bath, and 808 sq. ft. of living space. Each unit is equipped with a refrigerator, stove/oven, microwave, and washer/dryer hookups. The property features off-street parking options, an on-demand hot water system, and a separate central boiler. The front yard includes fenced, low-maintenance landscaping. Each unit has a separate electric meter, allowing future owners to transfer power billing to tenants, although currently all utilities are paid by the owner and included in the rent. Gas and water are paid by the owner. Additional features include five designated alley parking spaces and off-street parking along the side and front. The roof was replaced in 2019 and is in good condition, and the water back flow assembly is scheduled to be replaced in 2025. There is a separate boiler for baseboard heat, and 2 Rinnai tankless hot water heaters. All units are rented. The property is located close to parks, shops, restaurants, and major commuter routes.

    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 $81.4k $25.20
    − Vacancy −$4.7k −$1.46
    EGI $76.7k $23.74
    − OpEx −$23.0k −$7.12
    NOI $53.7k $16.62
    3,232 SF · lease $25.20/SF/yr · vacancy 5.79% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $767.3K
    $671.4K – $895.2K (±1% cap)
    NOI $53,711 @ 7.0% cap · market cap 5.97%
    Second Best
    Apartment 5plus
    $701.0K
    $613.4K – $817.9K (±1% cap)
    NOI $49,073 @ 7.0% cap · market cap 5.46%
    Theoretical Best
    Office A
    $1.03M
    $900.3K – $1.20M (±1% cap)
    NOI $72,020 @ 7.0% cap · market cap 8.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Daycare Center Food Market Clothing & Fashion Store (Bike/Boat/Book/etc) Store Garden Center Tech Support Center Travel Agency Supermarket Parking Lot & Garage Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.915
    Latitude
    39.6732

    FAQs

    What type of property is this?
    Quadplex - Fourplex in desirable Goldsmith neighborhood with strong rental income potential.
    Where is this quadplex located?
    The property is located at 2396 S Linden Ct 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: Fourplex in the desirable Goldsmith neighborhood offers a strong rental income potential.; Each unit is spacious (808 sq. ft.) with 2 bedrooms, 1 bath, and includes essential appliances and washer/dryer hookups.; No HOA fees, providing significant cost savings.
    More about this property
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