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2902-2906 Cherokee Street, 2902-2906, St Louis City, MO, 63118

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.

Subdivision: Cherokee Place Add

List Price

$ 650,000

Status

Active

Days on market

0

MLS#

26009836

Bedrooms

0

Full baths

0

Sq. Ft. Above

7,112

Subdivision

Cherokee Place 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)

$2,054

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
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

Price & Listing History

Listed for sale
Feb 21, 2026 at $650,000
Current status: Active
As of Aug 31, 2026 · $650,000

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