Rare opportunity to acquire an 8-unit mixed-use property with prime exposure along Grand Blvd. This property consists of 7 residential 1 bed/1 bath units and 1 storefront commercial space, offering a diverse income stream and strong long-term upside. Spanning over 5,000 square feet, the building features a full basement for additional storage, a fenced-in backyard, and a 5-car detached garage with a newer roof—adding both functionality and potential additional income opportunities. Located within walking distance to local shops, grocery stores, restaurants, and with easy access to public transportation, this property benefits from strong rental demand and a highly accessible location. This is a true value-add opportunity, ideal for investors looking to reposition and maximize returns. With projected rents of approximately $800 per residential unit, the property offers excellent cash flow potential once renovated and stabilized. Property is being sold as-is and presents a great opportunity for the right buyer to restore and unlock its full income-producing potential.
0 Bed
0 Bath
5,410 sq.ft
$0 per sq.ft
Apartment Style,Traditional
$ 195,000
Active
0
26020836
0
0
5,410
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St Louis City
St. Louis City
St Louis City
Residential Income
Apartment Style,Traditional
Residential Income
$1,243
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 |
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