Back to Search Results

11542 Concord Village Avenue, Unincorporated, MO, 63128

Concord Place is a 50-unit property that is positioned for immediate rent growth with below-market rents and strong local demographics, allowing new ownership to implement a value-add strategy and push rents through targeted renovations. • Built in 1966, Renovated in 2017-2018 (new roofs in 2022) • 5 Buildings, 50 total units across 2.09 acres • Mix of 1- and 2- bedroom units (60% two-bedrooms) • Avg. in-place rent: $960/ unit (below market rents of $1,094 for 1BR and $1,355 for 2BR) • 100% occupancy with strong in-place cash flow • Recent capex expenditures over 500,000, including new roofs, interior upgrades, and exterior improvements • Value-add potential through interior updates and adding washers/ dryers in units (currently only 2 units equipped) • Prime location near Lindbergh Blvd, Tesson Ferry Rd, and I-270 with nearby developments like Tesson Ridge and new retail (including Chick-fil-a)

Subdivision: Concord Place Condo

List Price

$ 5,500,000

Status

Pending

Days on market

0

MLS#

25068193

Bedrooms

0

Full baths

0

Sq. Ft. Above

36,537

Subdivision

Concord Place Condo

Municipality

Unincorporated

School District

Lindbergh Schools

County

St Louis

Property Type

Residential Income

Style

Apartment Style

Type

Residential Income

Additional Information

Recent Nearby Sales in 63128

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
5032 Darfield Court, Unincorporated, MO 63128 4/3 1,890 $379,000 $370,000
97.6% of ask
Sep 10, 2026
4654 Towne South Road, Unincorporated, MO 63128 3/3 1,248 $349,000 $349,000
100% of ask
Sep 9, 2026
4741 Melissa Jo Lane, Unincorporated, MO 63128 4/3 1,878 $449,900 $430,000
95.6% of ask
Sep 9, 2026
4590 Southridge Meadows Drive, Unincorporated, MO 63128 4/3 2,542 $389,900 $365,000
93.6% of ask
Sep 9, 2026
4539 Little Rock Road, G, Unincorporated, MO 63128 2/2 868 $154,000 $150,000
97.4% of ask
Sep 8, 2026
5421 Court Of Cedars, Unincorporated, MO 63128 2/1 1,698 $289,900 $280,000
96.6% of ask
Sep 8, 2026

Price & Listing History

Listed for sale
Oct 7, 2025 at $5,900,000
Price reduced by $400,000 (6.8%)
From $5,900,000 to $5,500,000
Current status: Pending
As of Aug 7, 2026 · $5,500,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.