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$565,000
Est. payment /mo
3,060 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $184
Subdivision Laclede Race
MLS Listing ID MIS25012092
Year Built 1922
Lot Size 5,001 Sqft
Acres 0.1148
Lot Dimensions 5000
Property Sub-Type 2-4 Units
Property Description
Unlock your Tower Grove dreams with this killer 4-family! Outstanding investment opportunity in The Grove, one of St. Louis' most dynamic rental markets! This historic four-family offers an unbeatable location near Forest Park, BJC Medical Complex, WashU Med, SLU, Cortex, the Central West End, Botanical Gardens, and Tower Grove Park—ideal for attracting tenants. With 3,000+ sq. ft., this fully updated property consists of four well-maintained one-bedroom units generating $4,370+/month ($53,520 annually). Based on market trends, there's strong potential to increase rents to $60,000+/year, maximizing long-term returns. A perfect choice for investors or owner-occupants, with steady rental demand and appreciation potential in this thriving neighborhood. Don't miss this opportunity!
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Adams Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Vashon High
School District St. Louis City
Others
Special Listing Condition Standard
Read Less Info
Listed by Gladys Manion, Inc.
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