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.
Property Features
Heating Information
Forced Air
Steam
Cooling Information
Other
School Information
School Information for 2397 S Locust Street, Denver, CO 80222
Elementary School
Bradley
Middle School
Hamilton
High School
Thomas Jefferson
Listing Courtesy: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. - 303-328-2000
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Median Square Feet
Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).