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2397 S Locust StreetDenver, CO 80222

For Sale

$925,000

Smart Buyer Rebate $9,250

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.

Listed by Charles Burkhart

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License #155069141

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Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

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214-336-6064

Last updated July 01, 2026

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Source: REcolorado #9026504

Listing Facts

  • TypeMulti-family
  • NeighborhoodGoldsmith
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu65
  • Taxes$4,923/year
  • Size3,200 sqft
  • Price per sqft$289

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/25/2026
Price Decreased
$925,000
05/28/2026
Listed by Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
$975,000

Property Details for 2397 S Locust Street

Exterior

Construction

  • Structure Type: Quadruplex
  • Year Built: 1966
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,200
  • Lot Features: Level

Financial

Taxes

  • Parcel Number: 6293-07-042
  • Tax Annual Amount: $4,923.00
  • Tax Year: 2024

Interior

Measurements

  • Living Area: 3,200

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Other

General

  • Exclusions: n/a

Location

  • Subdivision Name: Eastgate Filing No. Three

Parking

Parking

  • Parking Total: 8

Schools

Elementary School

  • Elementary School: Bradley
  • Elementary School District: Denver 1

High School

  • High School: Thomas Jefferson
  • High School District: Denver 1

Middle or Junior School

  • Middle Or Junior School: Hamilton
  • Middle Or Junior School District: Denver 1

Utilities

Equipment

  • Cooling: Other
  • Heating: Forced Air, Steam
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 4 bathrooms in this multi-family home at 2397 S Locust Street.

What schools are nearby to 2397 S Locust Street?

Nearby schools include the Bradley Elementary School, Hamilton Middle School, and Thomas Jefferson High School.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 2397 S Locust Street.

What are the annual taxes for 2397 S Locust Street?

Annual taxes for this multi-family home are estimated at $4,923.

How does 2397 S Locust Street compare to other multi-family homes in Goldsmith?

This multi-family home is listed 1% above the average price for multi-family homes in Goldsmith and has been on the market for 17 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,200 sqft.

2397 S Locust Street is a 8-bedroom, 4-bath multi-family home for sale in Denver CO 80222. Available on Prevu for 65 days at $925,000. This includes a recent price decrease of $50,000. This residence features 3,200 square feet of living space, located in Goldsmith. The median listing price for multi-family homes in this area is $579,950. Nearby schools include Bradley Elementary School, Hamilton Middle School, and Thomas Jefferson High School. Property amenities include parking. Browse more multi-family home listings in Denver.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Prevu are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.