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2397 S Locust St

Denver, CO 80222
  • $1,050,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 1033515
$1,050,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,234
    SQFT
  • $325
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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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© 2025 Information and Real Estate Services, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-05-16T23:41:38.057.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/163548684
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2397 S Locust St Denver, CO 80222

  • Price: $1,050,000
  • Status: Active
  • On Site: 7 Days
  • MLS #: 1033515
8
Beds
4
Baths
0
½ Baths
0.17
Acres
3,234
SQFT
$325
$/SQFT
1966
Built
Neighborhood:
Eastgate Filing Three
County:
Denver
Area:
12 Denver Metro area
Elementary School:
Bradley
Middle School:
Hamilton
High School:
Jefferson, Thomas
School District:
Denver District 1
Property Description
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.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Levels Bi-Level Other Parking Parking Per Unit(1 Space/Unit) Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement None Heating Radiant Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 809 Unit1 Total Baths 1

Property Features

Association YN No Cap Rate 5.02 Ditches Active YN No Electric Separate Meter Electricity Gas Master Meter-Gas Gross Income 67260 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Denver Net Operating Income 52737 New Construction YN No Number Of2 Bedroom Units 4 Operating Expense 14523 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 4923 Tax Year 2024 Tenant Pays DepositElectricity Unit1 Rent 1475 Water Source City WaterCity Zoning R-2-A

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Philip Dankner of Unique Properties: 3033215888.



© 2025 Information and Real Estate Services, LLC. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2025-05-16T23:41:38.057.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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