2397 S Locust, Denver, CO 80222

• 8 beds |
• 4 baths |
• 3,200 sqft

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:21AM

Listing Office:

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. : adam.lewis@marcusmillichap.com

Listing Agent:

Clayton Primm : 303-328-2075

MLS ID:

3078055

Interior

• Heating: Forced Air

Exterior

• Parking: Off StreetParking spaces: 8

Construction

• Roofing: Other
• General: BrickTwo

Location

• Originating MLS: ires
• School District: Cherry Creek 5
• County: Denver

Lot

• Zoning: S-MU-3

Utilities

• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: n/a