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2397 S Locust St, Denver, CO 80222

Denver
Local realty services provided by:CENTURY 21 Cornerstone
2397 S Locust St,Denver, CO 80222
$975,000
  • 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.303-328-2000
MLS#:9026504
Source:IRES

Price summary

  • Price:$975,000
  • Price per sq. ft.:$304.69

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
  • Listing ID #:9026504
  • Added:1 day(s) ago
  • Updated:May 28, 2026 at 06:39 PM

Rooms and interior

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

Heating and cooling

  • Heating:Forced Air

Structure and exterior

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

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$304.69
  • Tax amount:$4,923

Parking

  • Garage spaces:8
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