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Turnkey 4-Unit Residential Investment
For Sale
$975,000

2397 S Locust St, Denver, CO 80222

Fully renovated four-unit property with modernized interiors presented as turnkey and ready for ownership.

Property SizeContact for details
Days on Market64

Property Features for 2397 S Locust St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 4

Building Details

Year Built 1966
Listing Agency: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Listed By: Charles Burkhart · License #100103787
Source: Elliman
Added: Jun 3 Changed: Jul 21 Last Checked: Aug 5 at 10:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.

Investment Insights

Based on property information with market context.

2397 S Locust St offers a fully renovated, turnkey 4-unit residential setup with modernized interiors. The property is described as competitively updated to match the expectations of newer inventory, supporting straightforward operations for an owner from day one.

Located in the Virginia Village submarket, the property is noted as being centrally positioned between Downtown Denver and the Denver Tech Center. Walk and bicycle access scores provided include a bikeScore of 72 (very bikeable) and a walkScore of 58 (somewhat walkable), with a transitScore of 42 (some transit).

Key Highlights

  • 4‑unit investment at 2397 S Locust St, Denver
  • Year built: 1966
  • Fully renovated with modernized interiors

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Daycare Center Food Market Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,036
Businesses Nearby

Demographics for 80222, CO

22,381
Population
11,625
Households
1.9
Avg Household Size
38
Median Age
57%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,890
Density / Sq Mi
$85,354
Median Household Income
$57,833
Median Earnings
$1,715
Median Rent
$596,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully renovated four-unit property with modernized interiors presented as turnkey and ready for ownership.
Where is this quadplex located?
The property is located at 2397 S Locust St Denver, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 4‑unit investment at 2397 S Locust St, Denver; Year built: 1966; Fully renovated with modernized interiors
More about this property
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