St Louis Real Estate Search

St Louis Multi-Family Properties for Sale

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Newest St Louis Multi-Family Homes for Sale

$149,500
ACTIVE Status Cesar Mendoza
**Excellent Investment Opportunity!** Whether you're looking for a turnkey investment with immediate rental income or an owner-occupancy opportunity, this duplex offers flexibility. Keep both tenants in place and enjoy steady monthly cash flow, or occupy one unit while collecting rental income from the other to help offset your housing expenses. Well-maintained all-brick, two-story duplex featuring two spacious 2-bedroom, 1-bathroom apartments. This income-producing property has been well cared for and includes several major capital improvements, including a **new roof**, **new gutters**, **new sewer lateral line**, and **two new electric water heaters**. The exterior is in **very good condition**, offering excellent curb appeal and requiring little to no immediate exterior maintenance. Each unit features a spacious living room, functional kitchen, full bathroom, and two comfortable bedrooms. A full walk-up basement provides convenient access and includes separate laundry areas for both units. The property is occupied by long-term tenants who would like to remain. The first-floor tenant has been in place for over three years, and the second-floor tenant for over five years. Interior cosmetic updates or TLC could be completed if the units become vacant, providing an opportunity to increase value and rental income. Conveniently located near **Carondelet Park**, with quick access to Interstate 55, close to local shopping, restaurants, and everyday commerce, and just minutes from downtown St. Louis and major sporting venues. A solid addition to any investment portfolio with stable occupancy and future upside.

426 Bowen St, St Louis

$450,000
ACTIVE Status Sarah Nguyen-Bani
WOW! Like New and Completely Updated! Don't miss this exceptional investment opportunity with this beautifully maintained 4-family brick building, where each spacious unit offers 2 bedrooms, 1 full bath, and an open-concept living, dining, and kitchen layout. Extensive improvements have already been completed (see attached updates list), making this a true turnkey property. The remodeled kitchens feature abundant cabinetry, generous counter space, modern appliances, and recessed lighting, while the updated bathrooms provide a fresh, contemporary feel. New laminate flooring flows throughout each unit, beautifully complemented by exposed brick walls and stunning stained-glass windows that add timeless character and charm. The clean, unfinished basement provides ample storage for tenants. Outside, enjoy a covered front porch, partially fenced yard, and a level concrete parking area with off-street parking for all units. Major mechanical systems are all approximately five years old or newer, offering peace of mind for investors. Conveniently located near Carondelet Park, schools, shopping, restaurants, and major highways. An outstanding opportunity to own a beautifully updated, low-maintenance income-producing property! Whether you're expanding your investment portfolio or seeking a turnkey multifamily property with strong rental appeal, this beautifully updated 4-family is ready to impress. Schedule your showing today!

3683 Montana St, St Louis

$649,000
ACTIVE Status Weston Harding
Welcome to 4560 Flad Ave, a beautifully reimagined 4-unit building in the heart of St. Louis's sought-after Southwest Garden neighborhood. Completely rehabbed in 2022, making it one of the most turnkey multifamily offerings on the market today — ideal for an investor seeking a low-maintenance, cash-flowing asset or an owner-occupant looking to live in one unit while rental income helps cover the mortgage. Every major system in the building has been replaced or upgraded. Plumbing is entirely new, including a new water service line running from the street into the building. Electrical has been almost entirely modernized, with 90% of the original knob-and-tube wiring already removed; the final 10% will be completed and paid for by the seller prior to closing, so the new owner inherits a fully updated electrical system at no additional cost. All units have new hot water tanks, two of the four furnaces have been replaced, and every unit has brand new AC installed in 2022. All four units were rehabbed at the same time and share identical, high-end finishes throughout — so there's no guessing which unit got the "good" upgrades. Each has been completely reconfigured with a modern, open-concept layout, and every kitchen is finished with stainless steel appliances, 42-inch shaker cabinets, custom tile backsplash, and granite countertops — a level of finish rarely found in a building this size. Bathrooms have been fully renovated with new fixtures and finishes throughout, original hardwood floors have been refinished to a like-new shine, and every unit has been freshly painted from top to bottom. One of the best features of this building: no scary basements. Each unit comes with its own stacked in-unit washer and dryer, giving tenants the convenience of in-home laundry without ever having to head downstairs — a major amenity that sets this property apart from typical multifamily buildings in the area. Curb appeal hasn't been overlooked either. The property was just freshly landscaped and now includes a custom automatic watering system, keeping the grounds looking sharp with minimal upkeep for the new owner. One unit is currently vacant, offering flexibility for a new owner to move in and owner-occupy while renting out the remaining three units, or to place a tenant immediately and start generating full rental income from day one. With all major systems, kitchens, baths, flooring, and landscaping already completed — and every unit finished to the same high standard — 4560 Flad Ave is truly turnkey and move-in ready. This is a rare opportunity to own a fully renovated multifamily property in one of St. Louis's most desirable, walkable neighborhoods, just minutes from the Missouri Botanical Garden, Tower Grove Park, and The Hill. Whether you're an investor looking for a hassle-free addition to your portfolio or a buyer ready to owner-occupy, this property checks every box. Schedule your showing today — properties in this condition, in this location, don't last long.

4560 Flad 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

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