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$1,000,000
Est. payment /mo
14,056 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 14,056 sqft
Price per Sqft $71
Subdivision Drietzer Add
MLS Listing ID 26039753
Style Apartment Style,Historic
Year Built 1926
Annual Tax Amount $5,938
Property Sub-Type 5 Family or More
Property Description
Prime 24-unit investment opportunity in the heart of Dutchtown South! 4054–4064 S. Grand Blvd. & 3465–3467 Gasconade St. feature two well-maintained, historic properties (1926) offering a blend of classic architectural charm and updated interiors. Ideally situated with convenient access to major roadways, public transit, and just minutes from downtown St. Louis, this location is highly attractive to tenants. Close proximity to major employers, hospitals, and universities including Saint Louis University and Harris-Stowe State University enhances rental demand. The Dutchtown submarket boasts strong occupancy history, providing stable cash flow with additional upside through rent growth under new ownership. Exceptional value-add or turnkey portfolio expansion opportunity in a high-demand rental corridor.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Cooling Wall/Window Unit(s)
Fireplace N
Exterior
Parking Features false
View Y/N No
Private Pool false
Building
Structure Type Brick
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 Standard
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Listed by Matt Bukhshtaber • CBRE
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