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3659 S Broadway, 2660-3663-3665, St Louis City, MO, 63118

One-of-a-kind Investor's dream, Turnkey 9-Family + 4 Bay Unit commercial spaces in South City! Excellent cash-flowing opportunity with low maintenance. Perfect for a seasoned investor or first time investor. Cap rate is currently 8.84% and NOI is $59k. Lease-up is exceptionally strong with almost no vacancy...Unit rents vary from $790-$850 and have been gradually growing as the leases come up for renewal. Additionally a 4 bay commercial building in the front of the lot will be included in the sale. The commercial units can easily be turned into residential units for additional cashflow opportunity. Each unit has been thoughtfully updated in 2020 with new electric meters, new water heaters, brand-new electrical, plumbing, new drywall, new hybrid mini splits, ensuring low maintenance for years to come. Interiors feature new hardwood flooring, white shaker cabinets, gas stovetops, refrigerators, and laundry hookups and stackable washer/dryer in dedicated closets. The basement has individual storage lockers dedicated for each unit. All units have private rear access, with the building situated behind a commercial space for added seclusion. A true turnkey asset in a great rental market—perfect for any investor looking for strong returns and long-term stability.

Subdivision: Shepards Add

List Price

$ 675,000

Status

Active

Days on market

0

MLS#

25045848

Bedrooms

0

Full baths

0

Subdivision

Shepards Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2024)

$1,750

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
2918 Michigan Avenue, St Louis City, MO 63118 3/3 1,770 $315,000 $304,618
96.7% of ask
Sep 4, 2026
3504 Arsenal Street, 2F, St Louis City, MO 63118 1/1 800 $950 $950
100% of ask
Sep 1, 2026
2602 Minnesota Avenue, St Louis City, MO 63118 2/2 1,664 $1,900 $1,900
100% of ask
Sep 1, 2026
3112 S South Compton Avenue, St Louis City, MO 63118 3/1 3,750 $159,900 $160,000
100.1% of ask
Aug 31, 2026
3322 Pennsylvania Avenue, St Louis City, MO 63118 0/0 4,336 $325,000 $310,000
95.4% of ask
Aug 31, 2026
3448 Magnolia Avenue, St Louis City, MO 63118 0/0 -- $325,000 $325,000
100% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Jul 8, 2025 at $695,000
Price reduced by $20,000 (2.9%)
From $695,000 to $675,000
Current status: Active
As of Aug 21, 2026 · $675,000

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