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$4,000,000
Est. payment /mo
28,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 28,000 sqft
Price per Sqft $142
Subdivision Gravois On The Green
MLS Listing ID 26066598
Style Apartment Style,Low/1-2
Year Built 1964
Annual Tax Amount $28,149
Lot Size 1.220 Acres
Acres 1.22
Property Sub-Type 5 Family or More
Property Description
7201-05 Gravois Avenue presents a multifamily investment opportunity in South St. Louis' Princeton Heights neighborhood. The property consists of 1-bedroom, 1-bathroom apartment units and offers stable in-place cash flow supported by a strong occupancy history. Units feature updated interiors with stainless steel appliances, modern finishes, and in-unit laundry, while off-street parking enhances resident convenience and retention.
Positioned along the highly visible Gravois Avenue corridor, the property benefits from excellent access to public transportation, neighborhood retail, dining, grocery, and everyday services. Residents enjoy convenient connectivity to Hampton Avenue, I-55, Downtown St. Louis, and major employment centers, as well as nearby recreational amenities including Willmore Park, Francis Park, and Carondelet Park.
The property offers investors a well-located asset with the potential for continued rent growth and operational efficiencies, supported by strong rental demand and the diverse St. Louis regional economy.
Positioned along the highly visible Gravois Avenue corridor, the property benefits from excellent access to public transportation, neighborhood retail, dining, grocery, and everyday services. Residents enjoy convenient connectivity to Hampton Avenue, I-55, Downtown St. Louis, and major employment centers, as well as nearby recreational amenities including Willmore Park, Francis Park, and Carondelet Park.
The property offers investors a well-located asset with the potential for continued rent growth and operational efficiencies, supported by strong rental demand and the diverse St. Louis regional economy.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Building
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
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
Nearby School & Business
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