Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard. Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage. Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy. Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city’s most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you’re an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.
0 Bed
0 Bath
7,112 sq.ft
$0 per sq.ft
Traditional
$ 650,000
Active
0
26009836
0
0
7,112
Cherokee Place Add
St Louis City
St. Louis City
St Louis City
Residential Income
Traditional
Residential Income
$2,054
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 |
| 3623-3625 Virginia Ave, St Louis City, MO 63118 | 0/0 | 4,639 | $249,000 | $227,500 91.4% of ask |
Sep 3, 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 |
Estimate your monthly payment. Adjust the sliders below.
Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.