Residential Income · Pending
Denver, CO 80222
8 Beds · 4 Baths · 3,200 Sq Ft
$925,000
Quadruplex
Property Type
1966
Year Built
$289
Price per Sq Ft
9026504
MLS #
About This Property
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.
162 days on market
Listed by Charles Burkhart · Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. · charles.burkhart@marcusmillichap.com,214-336-6064
Property Details
| Property Type | Residential Income |
| Sub Type | Quadruplex |
| Status | Pending |
| Price per Sq Ft | $289 |
| Subdivision | Eastgate Filing No. Three |
| MLS # | 9026504 |
| Days on Market | 162 |
| Bedrooms | 8 |
| Year Built | 1966 |
| HOA | No |
| Annual Taxes | $4,923 |
| State | CO |
| County | Denver |
| Zoning | R-2-A |
| Heating | Forced Air, Steam |
| Cooling | Other |
| Roof | Unknown |
| Lot Features | Level |
| Levels | One |
| Construction | Brick |
| Sewer | Public Sewer |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/7/2026 |
Pending Source: REcolorado® #9026504 |
— |
| 5/28/2026 |
Listed for sale Source: REcolorado® #9026504 |
$925,000 $289/sqft |
Based on information submitted to the MLS GRID as of November 5, 2026 at 11:03 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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