Multi-Family $ 625,000

3312-3320 Meramec ST

St Louis, MO 63118

  • 15,064 SqFt
  • 7,043 Lot Size
  • 1905 Year Built
Amazing opportunity to own a turnkey 11 unit mixed use building in the heart of the Downtown Dutchtown business district. Six commercial units are home to local businesses and five ENORMOUS apartments with high ceilings, original woodwork and some skylights and some (nonfunctional) fireplaces occupied with one available for viewing, units have walkout to street level in the front and the parking lot in the back. Layouts of the apartments are such that they could qualify as 2 or 3 bedrooms, you choose!

Home to a beauty and barber shop, one currently available retail/commercial space with 2 bathrooms, and various apparel and accessory stores, this building is in the perfect location. Tenants are stable, pay on time, and manage their own repairs and maintenence. Many tenants have been in place nearly a decade or more. One apartment held open for showings.

This building offers a rare chance to establish a presence in a neighborhood on the upswing. The mix of commercial storefronts and residential units provides multiple income streams, with significant value-add potential through strategic renovation, leasing improvements, and creative tenant curation. Whether you envision boutique retail, local services, or mission-driven enterprises at street level—and modern, affordable housing or artist lofts above—this building can anchor your investment in both community and cash flow.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 5 Family or More

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 15, 064 sqft

    Price per Sqft $41

    Subdivision Louisiana Place Add

    MLS Listing ID 25042068

    Style Historic

    Year Built 1905

    Annual Tax Amount $7,245

    Lot Size 7,043 Sqft

    Acres 0.1617

    Property Sub-Type 5 Family or More

  • Location

    State MO

    County St Louis City

    Area 2 - Central East

  • Rooms

    Basement Unfinished

  • Building

    Story 2

    Water Public

    Level or Stories Two

    Structure Type Brick,Stone

  • Interior

    Heating Forced Air, Varies by Unit

    Cooling Ceiling Fan(s), Central Air, Electric

    Flooring Hardwood

    Fireplaces Number 3

    Fireplaces Type See Remarks

    Fireplace Y

    Laundry In Unit

  • Exterior

    Parking Features false

    Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    View Y/N No

    Roof Type Flat

    Private Pool false

  • Schools

    Elementary Schools Meramec Elem.

    Middle Schools Long Middle Community Ed. Center

    High Schools Roosevelt High

    School District St. Louis City

  • Others

    Ownership Private

    Acceptable Financing Cash, Private

    Listing Terms Cash, Private

    Special Listing Condition Listing As Is

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