2397 S Locust Street Denver CO 80222 | MLS #REC9026504

MLS #REC9026504 image #0
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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.

Property Details

Price:
$925,000
MLS #:
REC9026504
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Eastgate Filing No. Three
Finished Sq Ft:
3,200
Total Sq Ft:
3,200
Year Built:
1966
Eastgate Filing No. ThreeDenver 1BradleyHamiltonThomas Jefferson

Schools

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

Interior

Above Grade Finished Area
3200
Cooling
Other
Heating
Forced Air, Steam
Levels
One

Exterior

Construction Materials
Brick
Lot Features
Level
Parking Spots
8
Parking Total
8
Roof
Unknown

Financial

Tax Year
2024
Taxes
$4,923

Map

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Property Summary

    Located in the Eastgate Filing No. Three subdivision, 2397 S Locust Street Denver CO is a Multi Family for sale in Denver, CO, 80222. It is listed for $925,000 To schedule a showing of MLS#rec9026504 at 2397 S Locust Street in Denver, CO, contact your Smart Sale AI agent at 3039066915.

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Additional Details

MLS ID : REC9026504
Listing Key : REC2054490395
Parcel Number : 6293-07-042
Zip Code : 80222
City : Denver
State : CO
Building if Condo :
Full Street: 2397 S Locust Street
Address : 2397
Address Prefix :
Address Suffix : Street
Street : Locust
Street Prefix : S
Street Suffix :
Unit if Condo :
Latitude : 39.673264
Longitude : -104.913879
Property Type : multifamily
Property Sub Type : Quadruplex
Stories Total if Condo :
Lot Size :
Ownership : Individual
Zoning : R-2-A
Condition :
Renovation :
Pets Allowed :
Special Conditions : None
Possession :
Original Price : 975000
Close Price :
Close Date :
List Date : May 28, 2026
List Contract Date : 2026-05-28
Off Market Date :
Purchase Contract Date :
Days on Market : 95
Concessions Amount :
Concession Comment :
Renovation :
Company : Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
2397 S Locust Street
Denver, CO