UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 5,282 sqft
Price per Sqft $94
Subdivision Grand Blvd Park Add
MLS Listing ID 26036804
Style Apartment Style
Year Built 1928
Annual Tax Amount $3,178
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type 5 Family or More
Property Description
Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors.
Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Concrete
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Fireplace N
Exterior
Parking Features true
Garage Spaces 4.0
View Y/N No
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick Veneer
Schools
Elementary Schools Meramec Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is