Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.
0 Bed
0 Bath
9,681 sq.ft
$0 per sq.ft
Mid-Rise 3or4 Story
$ 1,000,000
Active Under Contract
0
26036707
0
0
9,681
Clemens Place Add
St Louis City
St. Louis City
St Louis City
Residential Income
Mid-Rise 3or4 Story
Residential Income
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 609 Clara Avenue, 2A, St Louis City, MO 63112 | 3/2 | 1,335 | $209,900 | $203,400 96.9% of ask |
Sep 3, 2026 |
| 5510 Waterman Boulevard, 602, St Louis City, MO 63112 | 3/2 | 1,591 | $349,000 | $340,000 97.4% of ask |
Sep 3, 2026 |
| 5866 Etzel Avenue, St Louis City, MO 63112 | 0/0 | 2,860 | $170,000 | $162,500 95.6% of ask |
Aug 31, 2026 |
| 5591 Waterman Boulevard, A, St Louis City, MO 63112 | 2/2 | 1,256 | $229,000 | $224,000 97.8% of ask |
Aug 31, 2026 |
| 1215 Oakley Place, St Louis City, MO 63112 | 4/3 | 1,920 | $85,000 | $85,000 100% of ask |
Aug 28, 2026 |
| 5381 Pershing Avenue, 102, St Louis City, MO 63112 | 2/2 | 1,110 | $210,000 | $200,000 95.2% of ask |
Aug 25, 2026 |
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Discover a rare blend of style, space, and effortless city living in this beautifully refreshed 2-bedroom, 2 and a half bathroom condominium within a private gated community in the highly sought-after Skinker-DeBaliviere neighborhood. This inviting second-floor residence is filled with natural light and distinctive details, including a spacious loft with an oversized retractable skylight—an extraordinary space that can be transformed into a refined home office, creative studio, lounge, or private retreat. The thoughtfully designed interior features an open floor plan that includes a warm fireplace, fresh paint throughout, and new carpeting on the stairs. The spacious master suite offers a generous walk-in closet and beautifully updated ensuite bath. Upstairs, a dedicated laundry area accommodates a full-sized washer and dryer, both included. Step outside to your private deck and enjoy the peace and privacy of this exceptional setting. A new roof adds peace of mind, while the tandem garage and storage beneath the unit provide the convenience and functionality that discerning buyers appreciate. The location is truly exceptional. Forest Park and MetroLink are just a short walk away, while Washington University, the BJC medical complex, Central West End, and the University City Loop are all within easy reach. With quick access to Highway 40, Forest Park Parkway, and I-170, the best of St. Louis is right outside your door.
Welcome to 5763 McPherson! Built in 2017, this beautiful home combines modern finishes, thoughtful design, and generous living space in the highly desirable Skinker DeBaliviere neighborhood. The main level offers an inviting open floor plan designed for both everyday living and entertaining. The spacious kitchen features a large center island and flows seamlessly into the living room, where a gas fireplace creates a warm and welcoming atmosphere. A fantastic mudroom with built-in storage helps keep daily life organized, while main-floor laundry adds an extra layer of convenience. Upstairs, you’ll find three bedrooms and two full bathrooms, including a generously sized primary suite that offers a comfortable and private retreat. The newly remodeled lower level provides even more flexible living space, featuring a fourth bedroom, a large recreation and entertainment room, and an additional full bathroom. With ample storage throughout the home, there’s plenty of room to keep everything organized. Step outside to enjoy the backyard patio—perfect for outdoor dining, entertaining, or simply relaxing. The two-car detached garage provides secure parking and additional storage. Both the home and garage also feature new roofs installed in 2025. Situated in the vibrant Skinker DeBaliviere neighborhood, this home offers easy access to the many amenities of Forest Park, MetroLink, Washington University, area hospitals, restaurants, shopping, and more. With its modern construction, flexible living spaces, excellent location, and thoughtful updates, 5763 McPherson has so much to offer.Schedule your showing today!
