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Denver, CO 80222 2397 S Locust St

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Presented By: Unique Properties; 3033215888
  • MLS# 1033515
  • 05/09/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 3,234

Home 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.
Presented By: Unique Properties; 3033215888

Interior Features for 2397 S Locust St

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes

General for 2397 S Locust St

Attached Garage No
Cap Rate5.37
CityDenver
Construction MaterialsBrick/Brick Veneer
CountyDenver
ElectricSeparate Meter Electricity
Elementary SchoolBradley
Garage Y/NNo
Gas Y/NMaster Meter-Gas
Gross Income695406.65
HOANo
HeatingRadiant
High SchoolJefferson, Thomas
High School DistrictDenver District 1
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet7266
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolHamilton
Net Operating Income680883.65
New ConstructionNo
Number Of Units Total4
Operating Expense14523
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Subdivision NameEastgate Filing Three
Tax Annual Amount4923
Tax Year2024
Tenant PaysDeposit, Electricity
Year Built1966
ZoningR-2-A

Exterior for 2397 S Locust St

Horse Y/NNo
Lot Size Acres0.17
Lot Size Area7266
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water, City
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Thomas High School
Middle School Hamilton Middle School
Elementary School Bradley Elementary School

Nathan Washam

Broker/Owner
Price $1,025,000
MLS#1033515
List Date 05/09/2025
Property Type Income
Phone 970.988.8295
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Request Info
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