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2397 S Locust Street
Denver, 80222
FOR
SALE
$1,050,000
Active
3,234
Sq.Ft.
0.14
Acres
1966
Yr. Built
MLS# 3554733
Cumulative Days on Market: 4 (since March 27th, 2025) Data provided by the MLS.

Property Details

Located at 2397 S Locust Street in the desirable Goldsmith neighborhood of southeast Denver, this well-maintained four-unit building provides an excellent investment opportunity. Featuring all two-bedroom, one-bathroom units, each with convenient in-unit washers, as well as both front and back entrances, this brick building built in 1966 provides ideal living spaces. With six off-street parking spaces available, residents can enjoy hassle free parking. This is a perfect investment for someone looking to live in one unit and rent out the others, covering the cost of your mortgage with tenant income.

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Property Highlights

Price
$1,050,000
Property Type
Residential Income
Property Sub Type
Quadplex
Living Area
3,234
Price / Sq Ft
$325
Acres
0.14
Year Built
1966

Location

County
Denver
Subdivision
Eastgate
Zoning
R-2-A

Property Details

Price
$1,050,000
Property Sub Type
Quadplex
Property Type
Residential Income

Building

Levels
Two
Structure Type
Quadruplex
Total Area
3,234

Community

Local Schools

Elementary School
Bradley
High School
Thomas Jefferson
Middle School
Hamilton
School District
Denver 1

Interior Features

Area and Spaces

Above Grade Finished Area
3,234
Living Area
3,234

Heating and Cooling

Heating Features
Floor Furnace

Building Details

Construction

Year Built
1966

Materials

Construction Materials
Brick
Roof
Composition

Terms

Commercial

Cap Rate
5.02

Terms

Exclusions
Seller and Tenants personal property.
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional

Taxes

Tax

Tax (Annual)
$4,923

Heating, Cooling & Utilities

Cooling Features
Other

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Acres
0.14
Lot Features
Level
Lot Size
6,170
Lot Size Area Sq Ft
6,170

Parking

Total Parking Spaces
6
Listed by Unique Properties LLC, pdankner@uniqueprop.com, 303-321-5888.
Listing Data last updated 04/01/2025 11:40 am
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Property History

4 days ago
Property information last updated
4 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 4. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 04/01/2025 11:40 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 04/01/2025 11:40 am
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