Selected for the Terner Labs Housing Venture Lab

3229 Lincoln Street, Englewood, CO 80113

Active
Listed 128 days ago
Owner-Occupant Eligible
$1,295,000

About $5,392 a month to live here, after the rent from the other homes.

Triplex2,194 sqft4 beds3 bathsListed Jul 7, 2026

A triplex. Live in one home and rent out the other two. How it works

Live here for about

$5,392a month

The other homes rent for $2,000. We hold back $390 of that for repairs and an empty month, and the rest goes toward a $7,002 monthly payment.

Income to qualify: about $177,000 a year

With how much down?

At 20% down ($259,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $169,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$64,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Seize a rare opportunity to acquire a residential income property portfolio in the heart of Englewood, Colorado. Ideally positioned on a 9,147-square-foot site, this unique offering consists of two income-producing parcels, making it an attractive prospect for both investors seeking strong rental returns and developers looking for future redevelopment potential. Parcel 1: 3225 S Lincoln Street - This well-maintained single-family home features two bedrooms and two bathrooms, offering a comfortable living space with modern updates throughout. Additional highlights include a finished basement, a spacious rear porch, and a layout that appeals to both tenants and potential owner-occupants. Parcel 2: 3229 S Lincoln Street - This income-producing triplex consists of two two-bedroom, one-bathroom units and one studio unit. Two of the units have been completely renovated, featuring new appliances, fresh paint, upgraded flooring, and modern fixtures, ensuring strong tenant demand and long-term rental stability. Strategic Location & Growth Potential - Prime Englewood Location: Situated along South Lincoln Street, this property is just one block from South Broadway, where tenants enjoy easy access to Englewood’s vibrant dining, shopping, and entertainment scene. Popular restaurants, boutique shops, bars, and essential services are all within walking distance.

Triplex

Property Type

1920

Year Built

Listing Date: 07/07/2026

Listed by: Michael Csrnko

Listing office: Kentwood Real Estate Cherry Creek

Contact: 303-710-5011

Source: REcolorado #4169103

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$1,295,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,295,000
Your Down Payment$259,000
Financed$1,036,000
Estimated Monthly Payment$7,002

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($259,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$7,002/month
Principal + Interest
$6,211
Property Taxes
$373
Home Insurance
$418
Rental Income (2 Units)
$2,000/month

From the listing description.

Rental Expenses
-$390
Cost to live here
$5,392/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

REcolorado logo

MLS# 4169103 · Listing office: Kentwood Real Estate Cherry Creek

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