2397 S Locust Street, Denver, CO 80222

Denver
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
2397 S Locust Street,Denver, CO 80222
$925,000
  • 8 Beds
  • 4 Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:9026504
Source:ML

Price summary

  • Price:$925,000
  • Price per sq. ft.:$289.06

About this home

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.

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Home facts

  • Year built:1966
  • Subdivision & Development:Eastgate Filing No. Three
  • Listing ID #:9026504

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:3,200 sq. ft.

Heating and cooling

  • Heating:Forced Air, Steam

Structure and exterior

  • Year built:1966
  • Building area:3,200 sq. ft.
  • Lot Features:Level
  • Construction Materials:Brick
  • Levels:1 Story

Schools

  • High school:Thomas Jefferson
  • Middle school:Hamilton
  • Elementary school:Bradley

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$925,000
  • Price per sq. ft.:$289.06
  • Tax amount:$4,923 (2024)

Parking

  • Total parking spaces:8
MLS LogoBased on information submitted to the MLS GRID as of September 16, 2026 02:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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