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$694,000sold price Closed

8440 N Broadway, St Louis City, MO, 63147

0 ba | 9,632 sq ft | $78/sq ft | Low/1-2
Subdivision: Hornsby Addition
Price dropped for a quick, as-is 2025 closing! This is a turnkey, 100% occupied complex with value-add opportunity. All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated, with proper permits. Contractor bids for ~ $450,000 to convert back to 24-units, add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel all units, and update some mechanicals. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power. Offers should include: 1. Closing in 2025 2. Upfront $3,000 nonrefundable earnest money and additional $7,000 nonrefundable earnest money after satisfied Inspection Period 3. $700,000+ purchase price

Status: Closed · MLS# 25016792 · Listing Courtesy of Worth Clark Realty, [email protected]
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Facts and features

Sold Price

$ 694,000

List Price

$ 700,000

Status

Closed

Days on market

312

MLS#

25016792

Bedrooms

0

Full baths

0

Sq. Ft. Above

9,632

Subdivision

Hornsby Addition

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Low/1-2

Transaction Type

Sale

Type

Residential Income

Age

61

Conditions

Apartment Complex

Additional Information

Property Tax (2024)

$7,210

Recent Nearby Sales in 63147

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1739 Grape Avenue, St Louis City, MO 63147 4/2 1,340 $159,900 $159,900
100% of ask
Nov 12, 2026
1631 McLaran Avenue, St Louis City, MO 63147 0/0 1,932 $130,000 $130,000
100% of ask
Nov 10, 2026
8746 Park Lane, St Louis City, MO 63147 4/2 1,377 $189,900 $185,000
97.4% of ask
Nov 3, 2026
900 Harlan Avenue, St Louis City, MO 63147 2/1 874 $13,000 $7,000
53.8% of ask
Oct 28, 2026
8636 Riverview Boulevard, St Louis City, MO 63147 4/2 1,757 $109,000 $90,000
82.6% of ask
Oct 15, 2026
8464 Edna Street, St Louis City, MO 63147 4/3 1,748 $194,900 $187,000
95.9% of ask
Sep 28, 2026

Price & Listing History

Listed for sale at $750,000
May 2, 2025 · original list price
Price reduced by $50,000 (6.7%)
From $750,000 to $700,000
Sold for $694,000
Mar 10, 2026 · 92.5% of original list price · 312 days from listing to closing

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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