2397 S Locust Street, 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:

July 5, 2026 at 7:21AM

Listing Office:

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. : 303-328-2000

Listing Agent:

Charles Burkhart : 214-336-6064

MLS ID:

9026504

Interior

• A/C: Other
• Heating: Forced AirSteam

Exterior

• Parking: Parking spaces: 8

Construction

• Roofing: Unknown
• General: One

Location

• Originating MLS: recolorado
• School District: Denver 1
• County: Denver

Lot

• Zoning: R-2-AEASTGATE 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 8FT6293-07-042

Utilities

• Sewer: Public Sewer

Financial

• Source: recolorado
• Ownership: Individual
• Exclusions: n/a