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Lynne Hart

lynne@saintlouisrealestate.co +1(314) 324-6907

$1,850,000

Est. payment - /mo

15,900 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 15,900 sqft

Price per Sqft $116

Subdivision Gietner Place Add

MLS Listing ID 26066690

Style Apartment Style,Historic,Mid-Rise 3or4 Story

Year Built 1899

Annual Tax Amount $18,775

Lot Size 0.574 Acres

Acres 0.5739

Property Sub-Type 5 Family or More

Property Description

Well-maintained 22-unit multifamily investment opportunity in South St. Louis offering stable in-place cash flow and strong occupancy history. This historic property features updated units with modern cabinetry, stainless steel appliances, and in-unit washers and dryers. Located in the established Mount Pleasant neighborhood, the property benefits from consistent rental demand, secure off-street parking, and convenient access to I-55, Downtown St. Louis, major employment centers, public transportation, shopping, dining, and parks. Attractive value-add potential through strategic rent growth and operational efficiencies in a proven South City rental market with strong long-term fundamentals.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Electric, Forced Air

Cooling Central Air

Fireplace N

Exterior

Parking Features false

View Y/N No

Roof Type Flat

Private Pool false

Building

Structure Type Brick

Schools

Elementary Schools Monroe 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

Nearby School & Business

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Lynne Hart

+1(314) 324-6907

Agent License ID: 2015021561

4528 Nebraska AVE St Louis, MO 63111

Lynne Hart

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information