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Angela Geiger

whiterabbit4234@gmail.com +1(303) 974-8960

$925,000

Est. payment - /mo

8 Beds

4 Baths

3,200 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $289

Subdivision Eastgate Filing No. Three

MLS Listing ID 9026504

Bedrooms 8

HOA Y/N No

Year Built 1966

Property Sub-Type Quadruplex

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.

Location

State CO

County Denver

Zoning R-2-A

Interior

Heating Forced Air, Steam

Cooling Other

Exterior

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story One

Sewer Public Sewer

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 6293-07-042

Special Listing Condition None Known

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Listed byMarcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 974-8960

whiterabbit4234@gmail.com

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2397 S Locust ST Denver, CO 80222