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Key Details
Sold Price $572,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 5,020 sqft
Price per Sqft $113
Subdivision City/St Louis
MLS Listing ID 25068015
Sold Date 04/14/26
Style Traditional
Year Built 1905
Annual Tax Amount $1,816
Lot Size 2,186 Sqft
Acres 0.0502
Property Sub-Type 5 Family or More
Property Description
Check out this amazing 8-family investment opportunity in a prime Tower Grove South location! Half of the building's roof is a brand new TPO, and the other half will be fully replaced prior to closing. All units are currently tenant occupied except for the vacant unit pictured, which was intentionally kept open for the future buyer. Tenants pay gas and electric, and the unit mix includes four 1-bedroom units, three studios, and an additional oversized 1-bedroom that could potentially be converted into a 2-bedroom (this unit also features an in-unit washer and dryer). Three units are Connecticut facing, four units face Oak Hill, and one faces the fenced backyard. Each unit has 1 bathroom and some have dishwashers. These apartments have remained highly desirable thanks to the unbeatable location right next to Tower Grove Park. The building has two separate basements with washers and dryers plus plenty of storage space. Two hot water heaters were replaced in 2025, with another new in 2021. Outside, the property has low-maintenance landscaping with minimal green space to upkeep. Conveniently located near South City's best shops and restaurants, with quick highway access that adds even more tenant appeal. Priced competitively based on current condition and rent rates, this is a great opportunity for investors looking for a strong property in a hot area!
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Unfinished
Interior
Interior Features Ceiling Fan(s), Kitchen Island, Kitchen/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
Heating Forced Air
Cooling Central Air
Flooring Ceramic Tile
Fireplace Y
Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Washer/Dryer
Laundry In Basement
Exterior
Exterior Feature Balcony, Lighting
Parking Features false
Fence Back Yard, Chain Link, Fenced, Full, Privacy, Wood
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
Roof Type Flat
Private Pool false
Building
Lot Description Back Yard, Corner Lot, Level, Near Park
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Mann 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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Bought with Alicia Sierra
Nearby Schools & Businesses
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