Multi-Family Investments in St. Louis

$7,950,000
ACTIVE Status ⋅ Matt Bukhshtaber
The Syndicate is a premier multifamily property in Downtown St. Louis. The sale includes 70 of the 172 units, across floors 4-8, and 19,152 square feet of ground level retail. Currently, 4,740 square feet of retail space is occupied by American Dental Partners of Missouri and Clarkson Eyecare. The remaining 14,412 square feet is vacant, providing new ownership potential for value-add through retail lease-up. Designed by Eames & Young and built in 1907, the property features a grand tower covered in ornate terra cotta ornaments. Converted in 2006, modern touches were added throughout the property, bringing new life to the building. The property was added to the National Registry of Historic Places in 2002.

915 Olive St, St Louis
$4,500,000
ACTIVE Status ⋅ Matt Bukhshtaber
The Lange (3600 Texas Ave.) and 3620 Texas Ave. is a two-property multifamily portfolio located in the historic neighborhood of Gravois Park in St. Louis, Missouri. The sale includes two contiguous properties totaling 27 units. 3600 Texas Ave. is a historic redevelopment containing 15 units, originally built in 1884 and completely renovated in 2018. 3620 Texas Ave. is a new construction property, built in 2022 and contains 12 units. Both properties are fully-renovated with thoughtfully designed finishes including updated kitchens with stainless steel appliances and quartz countertops. The properties enjoy a beautiful courtyard, controlled gated access, private outdoor terrace and off-street gated parking. Located on Texas Ave. between Cherokee Street and Chippewa Street, the Portfolio occupies a 0.64-acre site. The properties must be purchased together.

3600 Texas Ave, St Louis
$4,450,000
ACTIVE Status ⋅ Matt Bukhshtaber
PRICE REDUCED~ Oakview Apartments is a 36-unit value-add multifamily community situated in a thriving area of St. Louis’s Central Corridor. The property consists of three all-brick buildings featuring 36 1-bed, 1-bath units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street parking in the parking lot behind in the rear of the buildings. Oakview Apartments is ideally located just minutes from Forest Park. Its proximity to WashU ensures a steady influx of students, faculty, and staff, driving demand for rental properties. The vibrant Dogtown neighborhood, known for its lively atmosphere and local eateries, adds to the area’s appeal. Downtown Clayton, with its bustling business district and upscale shopping and dining, is also just a short drive away. Additionally, the property is conveniently located near major hospitals and employers in the Central West End, such as BJC Healthcare, attracting healthcare professionals and other workers. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases. Furthermore, 5 units have not been updated with new kitchens, presenting additional opportunities for value enhancement. The property is being offered free-and-clear, allowing buyers the flexibility to secure new financing.

1014 Oakview Place, St Louis
$3,950,000
ACTIVE Status ⋅ Stephanie Oliver
Rising prominently along South Kingshighway Boulevard, just moments from Forest Park, Central West End, and the Grove, this extraordinary early-1900s church has undergone a remarkable transformation into one of St. Louis’ most distinctive and inspiring properties. Once abandoned and forgotten, the building has been meticulously restored and reimagined by internationally recognized artist Nabil Mousa, creating a rare fusion of historic architecture, contemporary design, and limitless possibility. Rich in character and impossible to duplicate, the property offers an experience unlike anything else currently available on the market. At its heart is a breathtaking sanctuary crowned by soaring 25-foot ceilings, dramatic arched windows, preserved architectural details, and vibrant designer chandeliers. The expansive space evokes both grandeur and intimacy, providing an unforgettable setting for living, entertaining, creating, gathering, or showcasing a collection. Throughout the property, historic craftsmanship has been preserved while bold modern interventions create a dialogue between past and present. Custom iron and glass elements, hardwood flooring, refined finishes, dramatic lighting, and thoughtfully curated spaces transform the building into a true architectural statement. The residence includes a gourmet kitchen anchored by a stunning 20-foot island, multiple living areas, lounges, a library, loft spaces, and private guest retreats. Below, approximately 7,000 square feet of additional space offers exceptional flexibility for galleries, studios, offices, wellness facilities, creative enterprises, hospitality concepts, private collections, or future expansion. Outside, nearly 3,000 square feet of secluded courtyard space extends the experience beyond the walls of the building. Enclosed by a custom 9-foot ornamental iron fence, the grounds are being completed with elevated decking, lounge areas, spa accommodations, and two shipping-container structures that present endless possibilities for a future outdoor kitchen, bar, guest suite, studio, or creative workspace. Significant infrastructure improvements—including a new roof, structural restoration, eight HVAC systems, three-phase electrical service, new windows, flooring, plumbing, and extensive stone restoration—provide the confidence of modern systems within a building of historic significance. Whether envisioned as an extraordinary private residence, iconic live-work environment, creative campus, wellness retreat, boutique hospitality concept, event destination, medical or professional headquarters, or investment opportunity, this property offers something increasingly rare: a place with soul, history, and the ability to become whatever its next steward dares to imagine. This is more than real estate. It is a landmark. A conversation piece. A living work of art. And perhaps the most extraordinary adaptive reuse opportunity available in St. Louis today.

1034 S Kingshighway Blvd, St Louis
$3,800,000
ACTIVE Status ⋅ Michael Zangara
This premier 36-unit multifamily investment is a rare find in the heart of Maplewood, offering a highly desirable unit mix of 28 one-bedroom and 8 two-bedroom apartments that consistently remains 100% occupied. Positioned in a "walker’s paradise" steps from the vibrant Manchester Road corridor, the property perfectly blends modern upgrades—like tile flooring — with the high rental demand of the 63143 zip code. What truly sets this asset apart is the inclusion of 22 private garages, an incredibly rare amenity in this historic neighborhood that provides significant supplemental income and a major competitive edge. With its proximity to local breweries, MetroLink access, and top-rated schools, this fully occupied building represents a turnkey opportunity to own a high-performing asset in one of St. Louis’s most stable and sought-after rental markets.

7128 Manchester Ave Unit 36, St Louis
$3,595,000
ACTIVE Status ⋅ Timothy McCarthy
The La Maison apartments, located at 3530 Utah Street, the property presents a unique investment in a meticulously restored historic schoolhouse in Tower Grove East. This boutique-style building features a variety of floor plans, including studio, one-bedroom, and two-bedroom units, many of which offer high-demand loft-style layouts. Each apartment is finished with premium finishes, including quartz countertops, custom cabinetry, stainless steel appliances, and original hardwood flooring. The architectural integrity of the building is preserved through soaring ceilings and oversized windows that provide significant natural light. Historic details, such as original built-in bookshelves and vintage chalkboards in select units, offer a distinct character that differentiates this property from standard modern developments. La Maison presents immediate upside through rent growth and operational efficiencies. The current in-place average rents trail market by ~$275/unit/month, allowing a clear path to increasing cash flow through unit turnover and improved management. Comparable renovated units in the area support the proforma rent assumptions. Situated near Tower Grove Park, South Grand Retail, SLU Medical and close to Downtown St. Louis, La Maison has significant upside with strong rental demand. La Maison provides an opportunity to acquire a well located asset with income, growth and long term appreciation potential.

3530 Utah, St Louis
$3,400,000
ACTIVE Status ⋅ Garen Lafser
The Franklin School Apartments, a 75-unit, four-story, 77,127 SF historic conversion — originally built in 1909 as a school designed by prominent architect William Ittner and fully redeveloped in 2006 through a Historic Tax Credit renovation executed by HBD Construction, including all-new plumbing, electrical, HVAC, windows, and much more. The property leased to full occupancy within four months of that delivery, and nearly two decades later its core building systems remain sound, giving a buyer a renovation plan focused on cosmetic updates and lease-up rather than deferred infrastructure risk. At 66.7% occupancy with a predominantly month-to-month rent roll, the 25 vacant units here allow for a new owner to begin renovating and leasing immediately. Average in-place rents of $618/unit sit $232 below the $850/unit market average across 74 one-bedroom units and one studio, putting substantial upside within reach on nearly the entire building. Historic Tax Credit eligibility at the state and federal level further offsets renovation capital, and two attached grass lots add optionality for future parking or amenity development. Franklin School Apartments sits in Downtown West, less than one mile from the new NGA West headquarters — the $1.7 billion National Geospatial-Intelligence Agency campus and the largest federal investment in St. Louis history, bringing approximately 3,150 employees directly into the submarket. Just to the south, the new MLS Stadium (Energizer Park) was recently completed for $457 million and is a huge attraction and development catalyst for the neighborhood. A structurally sound, systems-renovated historic asset at $45,333/unit, a $232/month rent delta with an immediate lease-up runway, tax credit upside, and a location benefiting from the largest federal investment St. Louis has ever seen — Franklin School Apartments delivers outsized value-add potential with minimal execution risk.

814 N 19th St, St Louis
$3,300,000
ACTIVE Status ⋅ Matt Bukhshtaber
There are 3 properties (50 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown – a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are: 3801-3811 Keokuk St. - 24 units 3858 Bamberger Ave. – 24 units 3763 Keokuk St. – 2 units Summary below: • Attractive unit mix – Studios, One-Bedroom, & Two-Bedroom floor plans. • Avg. in-place rents are significantly below market rate – offers immediate upside w/ rent increases. • Economies of Scale – owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses. • Asking Price of $3,300,000 ($66k per unit).

3801-11 Keokuk St, St Louis
$2,750,000
ACTIVE Status ⋅ Jordan Schoen
Fully renovated 13-unit multifamily property in St. Louis' 63139 corridor, a few blocks from The Hill and near Forest Park, the Barnes hospital complex, local dining, with easy access to highway 40 and 44. The unit mix includes eleven 1 bed/1 bath apartments, one 2 bed/2 bath apartment, and one 2 bed/2.5 bath apartment. The property underwent an extensive gut renovation, including conversion of three former commercial spaces into residential units. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; renovated kitchens and bathrooms; refinished common areas and basements; new appliances and fixtures; redesigned layouts; and AT&T Fiber infrastructure to each residential unit. Stabilized cash flow with current annual income of $207,058, expenses of $39,980, and NOI of $167,078. Three off-street parking spaces. Can be purchased with 6201 Arsenal St, another fully renovated 13-unit building nearby.

6008 Southwest Ave, St Louis
$2,650,000
ACTIVE Status ⋅ Michael Reiser
9th Street Abbey is one of the premiere wedding and event facilities in St. Louis. Located in the heart of Historic Soulard, the Abbey was built in the 1850s as a church and schoolhouse. The property enables great flexibility in creativity as a rental space. The former church building can house up to 250 guests, with the former altar area now a stage. The dual commercial catering kitchen can easily accommodate catering events or restaurant meals. The spectacular garden area has an ivy-covered pergola, outside bar and patio for hosting unforgettable parties or events. Wedding events often take full use of the inside space for the ceremony, followed by cocktails in the garden and finally a seated dinner back inside. Two incredible short-term rental units are also in the building - or possibly used as a private residence for owner/operator. The Schoolhouse at 9th Street Abbey sleeps 14 guests – 4 bedrooms, 7 beds and 2 baths. The Rectory at 9th Street Abbey can accommodate 16+ guests - 5 bedrooms, 9 beds and 2.5 baths. Both units are popular rentals on their own, but are often combined by so the entire property is used for a magical event weekend. This very well maintained building has some newer A/C units, walk in freezers and coolers. A new roof on the church was done this year. All AirBnB furnishings, and most event space tables, chairs and other equipment included in the sale. Don’t miss this amazing opportunity. 1804 S 9th Street (Rectory) also included in sale. Parcel 0383-9-184.000

1808 S 9th St, St Louis
$2,400,000
ACTIVE Status ⋅ Jay Rios
A rare opportunity to acquire a multi-property portfolio in one of St. Louis's most dynamic and rapidly evolving neighborhoods — The Grove. Situated between Interstates I-44 and I-64 and along the highly anticipated Tower Grove Connector Route, this portfolio offers investors significant upside through value-add repositioning, renovation, or a combination of both strategies. 1433 S. Vandeventer — A 2-story mixed-use building totaling 6,400 SF on a 7,163 SF lot, currently at about a 40% occupancy with strong value-add potential. First floor commercial store fronts and second floor apartments. 1443 S. Vandeventer — A 2 building lot, mixed-use property with a duplex totaling approximately 6,400 SF of living space on a 5,952 SF lot. Currently totally vacant and partially renovated. Corner unit features a restaurant space, outdoor seating, built out kitchen, bar, and unfinished basement. 1435R S. Vandeventer — A 4,199 SF recently overlayed parking lot — a low-maintenance income or amenity parcel. 1322/1324 S. Boyle — A 2-story, partially renovated 4-family building at 50% occupancy with 3,384 SF on a 4,148 SF lot plus parking. Renovations are in progress.

1449 S Vandeventer Ave, St Louis
$2,275,000
ACTIVE Status ⋅ Jordan Schoen
6201 Arsenal Street is a fully renovated 13-unit multi family property in St. Louis' 63139 corridor, located near the The Hill, The Clayton Central Business District, Forest Park, The Botanical Gardens, with easy access to highway 40 and 44. The property consists of twelve one-bedroom/one-bath apartments and one larger one-bedroom/one-and-one-half-bath residence. Originally developed with mixed-use space, the property was comprehensively renovated and three former commercial spaces were converted into apartments. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; refinished common areas and basements; renovated kitchens and bathrooms; new appliances and fixtures; modernized layouts; and AT&T Fiber infrastructure to every unit. Current base rent is $15,855 per month. All one-bedroom/one-bath apartments renting below $1,250 can be raised to the in place rent for similar apartments at $1,250, producing pro forma base rent of $17,015 per month, creating a measurable path to NOI growth. This property can be purchased with 6008 Southwest Ave. 63139, which was also fully renovated, located a few blocks from the property.

6201 Arsenal St, St Louis
$2,250,000
COMING SOON Status ⋅ Todd Murray
One-of-a-kind investment opportunity! Own an entire 5-unit boutique townhome complex totaling nearly 12,000 SF in a historic former horse stable/carriage house serving the nearby Compton Heights mansions. Redeveloped in 2014 using state and federal historic tax credits, the property blends irreplaceable historic character—including original beams and soaring ceilings—with modern construction, systems, kitchens, baths, wood floors, windows, appliances and fixtures. Each of the five townhomes offers a unique floor plan and personality, ranging from 2,098 to 2,748 SF, with 2-3 bedrooms, 2.5 baths, and dramatic loft-like living spaces. Two end units offer an abundance of windows, while several units feature open lofts, dens and/or clerestory windows. Unit E is the largest and most traditionally finished, offering 2,748 SF, 3 large bedrooms, 2.5 baths and granite countertops. Significant income upside! Two units are currently being used by the owner. The remaining units include one long-term rental, one short-term rental and one recently vacated unit, providing immediate flexibility and the opportunity for an investor to implement and optimize their preferred rental strategy. Recently created condominium documents for the Compton Heights Stables Condominium Association further expand the potential ownership and future disposition strategies available to an investor. Gated entry, 10 covered parking spaces (2 per unit), great common space and a private interior setting with all units facing the parking/common area rather than the street. Extensive solar panels on both the roof and carport add to the property's environmentally conscious approach. An exceptionally rare opportunity to acquire a distinctive, income-producing asset with historic character, modern amenities, flexibility and tremendous potential to increase returns. Situated a few blocks from Tower Grove Park and the Botanical Gardens, and conveniently located within walking distance to many of the Tower Grove, Shaw, Fox Park and South Grand restaurants & shops.

2315 Tennessee Ave, St Louis
$2,200,000
ACTIVE Status ⋅ Robin Halterman
A rare opportunity to acquire one of the Central West End’s most enchanting residential investment offerings: a historic luxury compound spanning more than 10,000 square feet across 4341 and 4345 Westminster Place. It features multiple independent residences, projected annual rent potential of $189,600+, and a compelling blend of architectural pedigree, income flexibility, and long-term scarcity. Designed in 1895 by Barnett, Haynes & Barnett — the celebrated architects behind the Cathedral Basilica — 4341 Westminster Place is a residence of uncommon presence, where historic craftsmanship and modern luxury exist in beautiful conversation. A sweeping tiger oak staircase, jeweled stained glass, intricate millwork, seven fireplaces, marble-clad baths, and grandly scaled gathering spaces create a sense of permanence and romance rarely found in today’s market. The full package includes the main residence which spans the first two floors, has been fully renovated, and includes 4 bedrooms, 3.5 baths and has been thoughtfully reimagined for contemporary living while honoring its original artistry. A chef’s kitchen with Calacatta gold marble, a grand walnut island, premium finishes, and a butler’s pantry anchors the home with both beauty and function. The third floor is a fully remodeled apartment with sunlit living spaces, its own luxury kitchen, 3 bedrooms, 2.5 spa-inspired baths, and a private elevator. Three garage parking spaces in the new garage and one off street parking space convey with the main house. Additionally, the separate historic carriage house is tucked behind the property. Reimagined as two independent apartments totaling approximately 3,700 square feet, the carriage house adds both character and meaningful income potential. The main-level residence offers approximately 1,750 square feet with 2 bedrooms and 2 baths. The upper-level residence offers approximately 1,950 square feet, featuring 3 bedrooms and 2 bathrooms. Three off-street parking spaces further enhance the practicality and rental appeal of the carriage house. Carpet in the second-floor apartment bedroom was recently replaced. Lease them as they are or improve them to increase the rent potential. For the investor, this offering provides boutique scale, diversified income streams (long term rental, short term rental, events), premium Central West End positioning, and irreplaceable architectural distinction. For the owner-occupant/investor, it offers something far more rare: the ability to live beautifully in a signature historic residence while additional apartments help support ownership, offset carrying costs, or accommodate extended family, guests, or long-term tenants. Set along the tree-lined charm of Cathedral Square, moments from Euclid’s restaurants and boutiques, Forest Park, Washington University, BJC, Cortex, SLU, cafes, galleries, parks, and the cultural heart of the Central West End. 4341 Westminster Place is positioned for enduring demand from executives, physicians, university-affiliated tenants, relocating professionals, and luxury renters seeking character, walkability, space, and architectural soul. 4341 Westminster Place is more than an investment property. It is a legacy asset — historic, income-capable, irreplaceable, and alive with possibility. (See disclaimer in agent remarks)

4341 Westminster Place, St Louis
$2,200,000
ACTIVE Status ⋅ Chris Efthim
This classic 1920's English Tudor all brick apartment building houses 30 individual units and is an exceptional investment opportunity right in the heart of South City's Bevo Mill neighborhood! Inside, the property retains its historic soul featuring original hardwood flooring and beautiful woodwork throughout most units providing character that renters are looking for in their new home. This building located at the corner of Christy Blvd. and Wilcox Ave. has incredible walkability to local dining and shopping. Right across the street from the beautiful Christy Park.

5024 Christy Blvd, St Louis
$1,882,400
ACTIVE Status ⋅ Anthony Klier
The Allen Avenue Furnished Lofts - ten fully furnished, individually renovated residences in one landmark 1901 red-brick building on a single parcel carrying three classic Soulard addresses (1019, 1021, and 1023 Allen). 100% occupied. Priced at a 7.25% cap rate on ACTUAL trailing performance: $193,732 total revenue against $57,254 of actual operating expenses for $136,478 NOI. Every unit has its own floor plan, in-unit laundry, full kitchen, smart TV, queen beds, electronic locks, and owner-paid high-speed internet. Unit mix: three 1BR/1BA, three 1BR/1.5BA, two 2BR/2.5BA townhome-style lofts, and two studios. Three ways to operate - long-term, mid-term furnished (30+ day traveling-nurse and corporate stays), or short-term, or a hybrid of all three. One tenant has operated their unit as a successful Airbnb since February 2023. Soulard has no hotel inventory, and SSM Health SLU Hospital, Cardinal Glennon Children's, and the Barnes-Jewish / Washington University medical campus are minutes away. Turnkey, management-light cash flow in St. Louis's oldest and most walkable neighborhood, where product like this rarely trades. Offering memorandum, current rent roll, and seller operating statements available to qualified buyers. Buyer to verify all figures, square footage, and short-term-rental permitting.

1019 Allen Ave, St Louis
$1,700,000
ACTIVE Status ⋅ David Nations
Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.

4770 Kings Dr, St Louis
$1,673,285
ACTIVE UNDER CONTRACT Status ⋅ Christopher Tucker
Huge price reduction, check it out!!! Located in the historic West End neighborhood, 24 units, two and three bedrooms, all units have central AC, and individual furnaces, double pane windows, and each unit individually metered for gas and electricity. Great value add opportunity as rents are well below market. Close to the entertainment district of The Loop, Forest Park and the fun activities, the zoo and the museums, and close to The Washington University main campus and medical school.

5841 Cabanne, St Louis
$1,450,000
ACTIVE Status ⋅ Timothy McCarthy
807 Clara Avenue presents the opportunity to acquire a well-maintained multifamily asset in the City of St. Louis. The property features a classic brick exterior with strong curb appeal, spacious unit layouts, and a proven rental history, making it an attractive investment for both local and out-of-market buyers. Situated on a sizable lot with ample street parking and convenient access to major highways, the property benefits from strong connectivity to Downtown St. Louis, employment centers, educational institutions, and neighborhood amenities. Investors will appreciate the property's durable construction, operational stability, and potential for continued income growth through strategic management and future rent optimization. The surrounding area continues to experience public and private investment, creating long-term upside while providing residents with convenient access to shopping, dining, public transportation, and recreational opportunities.

807 Clara Ave, St Louis
$1,434,000
ACTIVE Status ⋅ Anthony Klier
100% LEASED | FULLY FURNISHED | 7.25% CAP ON ACTUAL T-12. A turnkey 7-unit income package in the heart of historic Soulard that simply performs. Offered at $1,434,000 on $142,510 in-place income, $154,200 gross potential, and $103,934 actual T-12 NOI. Three all-brick residences (922-926 Allen) were taken to the studs in 2018 - new HVAC, electric, plumbing and roof - and are leased FURNISHED to traveling nurses and corporate professionals whose rent is paid by employer housing stipends: premium rents with a zero-collection-loss track record. Every home delivers in-unit laundry, updated kitchens, hardwood floors, central air and private decks/patio, plus off-street parking and basement storage. THE UPSIDE: SSM Health SLU and BJC/Barnes-Jewish hospitals are minutes away (endless travel-nurse demand), and Soulard has virtually NO hotels - so these turnkey furnished units can flip to short-term/Airbnb on day one (seller has never operated STR). Walk to McGurk's, Molly's, the Farmers Market and the Anheuser-Busch Brewery in St. Louis's most walkable, Mardi Gras-famous neighborhood. Renovated, leased, stipend-backed and priced to move.

922 Allen Ave, St Louis
$1,299,000
ACTIVE Status ⋅ Andrew Jolley
This beautifully updated 7-unit multifamily building offers an ideal unit mix with three 3-bedroom/2-bath units, three 1-bedroom/1-bath units, and a newly finished 1-bedroom/1-bath lower-level unit. Every unit features updated bathrooms, modern kitchens with stainless steel appliances, dishwashers, and in-unit washers and dryers, along with beautiful hardwood flooring throughout. A private driveway leads to a detached 3-car garage plus four additional off-street parking spaces. A great opportunity located in the highly sought-after Central West End.

5138 Waterman Blvd, St Louis
$1,000,000
ACTIVE Status ⋅ Matt Bukhshtaber
Prime 24-unit investment opportunity in the heart of Dutchtown South! 4054–4064 S. Grand Blvd. & 3465–3467 Gasconade St. feature two well-maintained, historic properties (1926) offering a blend of classic architectural charm and updated interiors. Ideally situated with convenient access to major roadways, public transit, and just minutes from downtown St. Louis, this location is highly attractive to tenants. Close proximity to major employers, hospitals, and universities including Saint Louis University and Harris-Stowe State University enhances rental demand. The Dutchtown submarket boasts strong occupancy history, providing stable cash flow with additional upside through rent growth under new ownership. Exceptional value-add or turnkey portfolio expansion opportunity in a high-demand rental corridor.

4054-64 S Grand Blvd, St Louis
$1,000,000
ACTIVE UNDER CONTRACT Status ⋅ Benjamin Wedi
Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.

5909 Cates Ave, St Louis
$999,000
ACTIVE UNDER CONTRACT Status ⋅ Anthony Klier
1916-1922 Menard st is an 8-unit multifamily property in the heart of Soulard right in between Dukes and Great Grizzly. Half of the units are two-level 1015sqft 2bed/1.5bath that bring in $1356/month on average. The other four units are 1bed/1bath units that bring in $929/month on average. Currently the property brings in $9140/month or $109,680 annually. The total Expenses are $29,186 annually so the current Net Operating Income is $75,009 accounting for 5% vacancy. At the list price, the property has an in-place Cap Rate of 7.5%. The entire exterior of the property is brick and has some of the most beautiful architectural features you will find in all of the midwest. All of the windows in the rear are brand new and most of the deck in backyard is also new. The property features a big private backyard that is rare for the neighborhood. The property has Central Air and every unit has it's own electric/gas meter so the tenants pay a lot of their own utilities, keeping the expense ratio low. Currently, all of the tenants do laundry in the shared washers/dryers provided in the basement... this presents an EASY VALUE ADD OPPORTUNITY by simply adding in-unit laundry. 2bed/1.tbaths with in unit laundry in Soulard get $1650/month on average and 1beds get $1250. By just adding laundry to all the units, you should bring in $11,600/month or $139,200 annually. With the same expenses, this would make the Proforma NOI $110,010 and make the cap rate 11% at the current list price. Soulard is one of the easiest areas to lease/ keep a property full in St Louis as it is one of the most popular destinations for young professionals to live right after graduating college. Soulard is also where a lot of Saint Louis University and A.T. Still Dental students desire to live. Anheuser Busch headquarters is less than a 20 minute walks away and a large majority of employees choose to live in Soulard. Soulard is home to arguably the #2 largest Mardi Gras celebration in the St Louis. Increase your cashflow even more by turning some, or possibly all of the units into AirBnB/ short term rentals. AirBnBs are allowed in Soulard and with the combination of close proximity to downtown, dozens of bars/ restaurants and the fact there are no hotels in Soulard- you could really rake it in! The neighboring multifamily property has had amazing success with doing mid-term rentals and leasing to SSM Health/ Barnes Jewish Hospital nurses on a month-to-month basis for super high rents! The walkability of the property is truly unmatched... get your groceries at the amazing Soulard Farmers Market, grab coffee at the Protagonist or Goshen, get brunch at Hammerstones, lunch at Bogarts BBQ (best ribs in STL), grab a burger at Jack Nolen's (best burger in STL), catch any game at the Mizzou themed bar Rays or Dukes right next door, enjoy a bite to eat with live music at McGurks or 1860s, party at Mollys or Big Daddys or D's Place... the list goes on! This property is currently 100% occupied cash flowing a lot + has tons of upside + is in great condition in one of the best/ most historic areas of St Louis! Call to schedule a tour before it's too late! See the Rent Roll, expenses, additional photos and additional info in the supplements!

1916 Menard St, St Louis
$999,000
ACTIVE Status ⋅ Stephanie Oliver
Thoughtfully repositioned, the $100,000 price improvement offers room to personalize and opportunity to prosper! Perfectly positioned on one of the city’s largest private lots, overlooking the historic Compton Hill Reservoir, this three-story residence offers rare seclusion with the best of St. Louis just moments away. The main level showcases gleaming restored hardwood floors, elegant crown molding, and two stately fireplaces that set a distinguished tone upon entry. Nearly every room retains its original pocket doors, beautifully preserved for timeless character. Of the eight bedrooms, six are spacious suites with updated, oversized baths. A massive second-floor laundry and additional mudroom ensure effortless convenience. The handcrafted staircase leads to a fully reimagined third floor, featuring three bedrooms, two baths, and a full eat-in kitchen—an ideal private apartment or short-term rental opportunity. With newer systems, newer windows, and extensive updates throughout, this remarkable home blends historic charm with modern versatility, offering endless possibilities.

3500 Russell Blvd, St Louis
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