Address
2397 S Locust Street, Denver, CO
Price
$ 925,000
Property Attributes
- MLS#9026504
- TypeMulti-Family
- Listing Status Active
- CountyDENVER
- CityDenver
- NeighborhoodEastgate Filing No. Three
- Zip80222
- StyleQuadruplex
- Year Built1966
- Taxes$ 4923
- Price$ 925,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3200
Data Source:
REColorado (MTOMLS)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Bradley Elementary School | Hamilton Middle School | Thomas Jefferson High School |
| Price History | |
|---|---|
| 5/28/2026 | Listed $975,000 |
| 6/25/2026 | 6$925,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Steam |
| Cooling | Other |
| Roof | Unknown |
| Zoning | R-2-A |
| Construction Materials | Brick |
| Exclusions | n/a |
| Year Built | 1966 |
| Levels | One |
| Property Subtype | Quadruplex |
| Tax Year | 2024 |
| Ownership | Individual |
| County | Denver |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Eastgate Filing No. Three |
| Status | Active |
| High School | Thomas Jefferson |
| City | Denver |
| Senior Community Y/N | No |
| High School District | Denver 1 |
| Listing Terms | Conventional,Other |
| Elementary School | Bradley |
| Tax Annual Amount | 4923 |
| Middle/Junior High School | Hamilton |
| Structure Type | Quadruplex |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Denver 1 |
| Elementary School District | Denver 1 |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Above Grade Finished Area | 3200 |
| Total Bedrooms | 8 |
| Total Baths | 4 |
Exterior Features
| Lot Features | Level |
|---|---|
| Total Parking | 8 |
| Building Area Total | 3200 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80222
Price
Taxes
Year Built
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