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2397 S Locust Street, Denver, CO 80222

$975,000
  • 2397 S Locust Street, Denver, CO 80222 Main Photo

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BEDS8 BATHS4 SQUARE FEET3,200 MLS#9026504
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEastgate Filing No Three SCHOOLDenver 1

Listing Courtesy of: Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064
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Property Description

2397 S Locust St is a fully renovated, turnkey 4-unit investment in the supply-constrained Virginia Village submarket, offering durable cash flow with minimal near-term capex. The property features modernized interiors that compete with newer products and support strong tenant demand, while in-place rents provide continued upside through organic lease roll without heavy repositioning. Centrally located between Downtown Denver and the Denver Tech Center, the asset benefits from strong commuter appeal, affluent demographics, and a widening rent-versus-own gap that reinforces long-term renter demand. Scarce small-bay competition, combined with optional operational upside through expense optimization, positions the property for stable occupancy, NOI growth, and long-term appreciation.

2397 S Locust Street | MLS# 9026504

This multi-family property located at 2397 S Locust Street, Denver, CO 80222 is currently listed for sale with an asking price of $975,000. S Locust Street is located within the Denver 1 school district. Search Denver real estate on home-team.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Forced Air, Steam
Roof Type: Unknown
Stories: 1.0
Taxes: $4,923
Year Built: 1966

Feature Descriptions

Baths Total: 4
Days on Site: 1
Exclusions: n/a
Exterior: Brick
Lot: Level
Parcel#: 6293-07-042
Sewer: Public Sewer

Local Schools

High School: Thomas Jefferson
Middle School: Hamilton
Elementary School: Bradley
School District: Denver 1

Listed By / Shown By

Listed By

Agency Name: Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064

Shown By

Agent Name: The Home Team
Agent Phone: (719) 661-1199
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 5,497.22 per month $4,802.59 Principal & Interest $410.25 Property Tax $284.38 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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