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$925,000
8 Beds ⋅ 4 Baths ⋅ 9026504 MLS
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.

2397 S Locust Street, Denver
$899,000
8 Beds ⋅ 4 Baths ⋅ 9426983 MLS
Amazing Investment Opportunity – No HOA! Discover this exceptional residential fourplex with strong rent potential, ideally located in the highly desirable Goldsmith neighborhood, close to parks, shops, restaurants, and major commuter routes. This low-maintenance brick building features four spacious 808 sq. ft. units, each offering 2 bedrooms and 1 bath. Every unit includes a refrigerator, stove/oven, microwave, and washer/dryer with hookups for added convenience. This great corner unit offers plenty of off street parking options and the unit has many updates including an on demand hot water system and a separate central boiler. The front yard is fenced low maintenance landscaping. Currently all utilities are paid by the owner and included in the rent. However each unit has a separate electric meter allowing future owners to transfer the power billing to the tenants. Gas and water are paid by the owner. Additional features include four designated alley parking spaces, plenty of off-street parking along the side and front. The roof was replaced in 2019 and is in good condition and the water back flow assembly was replaced in 2025. There is a separate boiler for baseboard heat, and 2 Rinnai tankless hot water heaters. All units are rented. Don’t miss this incredible opportunity!

2396 S Linden Court, Denver


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