Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
7,506
Exceptional multifamily investment opportunity in one of St. Louis' evolving neighborhoods! Ideally located near Forest Park, Washington University's North Campus, and the Delmar Loop, this 7,500 sq. ft. property is surrounded by newer residential construction and significant neighborhood redevelopment, including the Delmar Divine project. Featuring spacious 3-bedroom, 1-bath units averaging 1,200 sq. ft. each, the building offers desirable floor plans with strong rental appeal. Extensively renovated between 2016 and 2018, the property features 100% keyless entry, a granulated modified bitumen roof installed in 2023, and individual washer/dryer hookups in the basement. These substantial improvements provide investors with an updated asset while potentially reducing near-term capital expenditures. With a proven history of steady rental increases, proximity to major employment and education centers, and continued investment throughout the surrounding area, this property offers an attractive combination of established rental income, future rent-growth potential, and long-term appreciation opportunities. An excellent addition to any investment portfolio!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
7506.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.2548
-
Lot Size(square feet)
11,099
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Mid-Rise 3or4 Story
Price
-
Sales Price
$725,000
-
Tax Amount
$6,001
-
Financing Options
Cash, Conventional
-
Sq. Footage
7,506
-
Price/SqFt
$96
HOA
-
Association
No
School District
-
Elementary School
Hamilton Elem. Community Ed.
-
Middle School
Langston Middle
-
High School
Sumner High
Property Features
-
New Construction
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Hamilton Elem. Community Ed.
Middle School
Langston Middle
High School
Sumner High
Listing Courtesy of Jeffrey Winer, Wood Brothers Realty
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Agent / RealtorĀ®
Emily Kostuke
Call Emily today to schedule a private showing.
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