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8 Beds
4 Baths
3,200 sqft

$925,000

2397 S Locust Street, Denver CO, 80222

Price per sqft$289.06
Built in1966
Property size3,200 sqft
Property typeMulti-family

Overview

Active

Listed May 28, 2026

Updated Jul 2

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.

$6,154/mo

Est. mortgage payment based on a $925,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
9026504

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,923
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc., Charles Burkhart, Listing Contact:  
 

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