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Active Residential

2397 S Locust Street

Denver, CO 80222

RECOLORADO #9026504 Updated: Jun 25, 2026, 3:30pm
$925,000
8 Beds • 4 Baths • 3,200 SqFt
Property
ActiveResidential
1/11
$925,000

2397 S Locust Street

Denver, CO 80222
8
Beds
4
Baths
3,200
SqFt
0
Acres
RECOLORADO
#9026504
Updated: Jun 25, 2026, 3:30pm

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.

Property Details

Interior
Above Grade Finished Area
3200
Building Area Total
3200
Cooling
Other
Heating
Forced AirSteam
Living Area
3200
Construction
Also Marketed As
Residential Income
Building Area Source
Public Records
Construction Materials
Brick
Levels
One
Roof
Unknown
Structure Type
Quadruplex
Year Built
1966
Site & Exterior
Lot Features
Level
Offstreet Spaces
8
Parking Total
8
Sewer
Public Sewer
Zoning
R-2-A
Financials
Contract Earnest Check To
Title Company
Ownership
Individual
Parcel Number
6293-07-042
Special Listing Conditions
None
Tax Annual Amount
4923
Tax Legal Description
EASTGATE NO.3 B34 PT L7 DAF BEG SE COR L7 N 58.56FT W132.25FT S 58.55FT E 132.24FT TPOB EXC BEG SE COR L7 N 4FTSW 5.66FT E 4FT TPOB AND EXC THE W 8FT
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
Eastgate Filing No. Three
Schools
Ratings
Elementary
Bradley
Middle
Hamilton
High
Thomas Jefferson
Elem. District
Denver 1
Middle District
Denver 1
High District
Denver 1
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 25, 2026, 3:30pm.
Charles Burkhart

Listing Agent

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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