Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
0 Bed
0 Bath
5,282 sq.ft
$0 per sq.ft
Apartment Style
$ 499,900
Active
0
26036804
0
0
5,282
Grand Blvd Park Add
St Louis City
St. Louis City
St Louis City
Residential Income
Apartment Style
Residential Income
$3,178
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 3953 Federer Place, St Louis City, MO 63116 | 3/3 | 2,296 | $525,000 | $530,000 101% of ask |
Sep 4, 2026 |
| 5000 Steffens Avenue, St Louis City, MO 63116 | 2/2 | 963 | $185,000 | $201,500 108.9% of ask |
Sep 4, 2026 |
| 3850 Arsenal Street, St Louis City, MO 63116 | 4/4 | 2,644 | $620,000 | $605,000 97.6% of ask |
Sep 4, 2026 |
| 5860 Christy Boulevard, St Louis City, MO 63116 | 0/0 | -- | $330,000 | $320,000 97% of ask |
Sep 2, 2026 |
| 4049 Germania Street, St Louis City, MO 63116 | 3/2 | 1,035 | $158,000 | $158,000 100% of ask |
Sep 1, 2026 |
| 4632 Loughborough Avenue, St Louis City, MO 63116 | 0/0 | 2,014 | $274,900 | $256,000 93.1% of ask |
Sep 1, 2026 |
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Nearly New Construction in South City! Isn't she lovely?! Isn't she WON-DER-FUL?! Remodeled 2 Bedroom 2 Bathroom home with covered parking and a fenced in yard just two short blocks to one of the city's finest parks! All new wiring and service panel! All new plumbing supply lines and sewer lateral, including brand new bathtubs and bathroom fixtures! All new oversized luxury vinyl plank flooring! Brand new kitchen layout and fresh appliances to boot. Newer architectural shingle roof and replacement windows! This home is turn-key and ready for new homeowners, investors, down sizers, or anyone needing a beautiful South City ranch. Agent owned.
Forget the yellow brick road... we’re following the yellow front door straight to 4066 Phillips ;) Built in 1903... but thankfully, most of the 1903 stayed on the outside! This 2 bed, 2 bath Tower Grove South cutie serves up all the century-home charm with a hip, contemporary interior + a floor plan that just works, and works well. Start with the happiest yellow front door on the block, then step inside to refreshed hardwood floors, soaring ceilings + an original wood mantel with decorative tile that’s been looking good for 123 years. The open floor plan flows from the living room into the dining room, past a convenient powder bath + into the refreshed kitchen with white cabinetry, granite countertops, SS appliances and a gray tile backsplash. And those extra-tall ceilings throughout? Before A/C, they weren’t just showing off... our 1903 friends knew a thing or two about staying cool. Upstairs, an open-riser staircase leads to a dramatic two-story foyer + upper-level overlook that keeps things feeling anything but century-old. Both bedrooms offer beautiful flooring, generous closets + updated fixtures, while the primary adds walkout access through an original door topped with a stained glass transom. The full bath keeps things decidedly this century with a shower/tub combo, modern vanity + updated lighting. Downstairs, the partially finished basement adds wood-look flooring, exposed stone walls + room for an office, gym, rec space or whatever else you’ve got cookin’. There’s even enough old-world stone down here to make us wonder where they hid the beer barrels. Out back, TWO decks are practically begging for a little St. Louis-style Mardi Gras action. Beads optional, good times encouraged. Add a fully fenced yard, 2-car off-street parking opporunity + a location just blocks from Tower Grove Park, neighborhood cafes, restaurants and STL staples. 123 years old and still knows how to have a good time. CHEERS!
Enjoy comfortable one-level living in this roomy city ranch, tucked into a peaceful neighborhood while still convenient to shopping, schools and everyday essentials. A detached garage plus additional parking off the alley provide plenty of space for vehicles, while the fully fenced backyard offers room for kids and pets to play. Inside, the open living, dining and kitchen spaces flow together with plenty of room to gather. Recent improvements include a newer roof and hot water heater, while low-maintenance rock landscaping on the front slope adds convenience outside. A practical home with useful updates, off-street parking and a quiet setting - all in a convenient city location.
