Four-family investment opportunity in the highly desirable Southwest Garden neighborhood, just minutes from the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. This 3,536 sq. ft. building features four true 1-bedroom units, each approximately 775 sq. ft. Two units are currently occupied, with one vacant unit offering an excellent opportunity for an owner-occupant or value-add investor. Each unit includes central heating and cooling, and the basement provides dedicated laundry hookups for each apartment. The building offers multiple paths to increase income. Rents may be raised with existing layouts, and there is potential to convert the units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with a possible island-style layout. Recent rental data supports strong upside. Average 1-bedroom apartment rents are $1,378, based on 23 one-bedroom rentals within the past 6 months in a 1.5-mile radius. Average 2-bedroom rents are $1,578, based on 5 two-bedroom, one-bath rentals within the past 18 months in a 0.5-mile radius. Tenants are long term tenants that have not had a rent increase. Recent sales of four-family properties in nearby have ranged from the mid-$500,000s to $850,000. Major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, PVC plumbing stacks, drains, and lateral. Additional features include a fenced backyard and rear parking pad. Strong location, functional layouts, existing occupancy, and value-add upside make this a compelling opportunity in one of St. Louis’ most convenient and desirable rental corridors.
0 Bed
0 Bath
3,536 sq.ft
$0 per sq.ft
Traditional
$ 499,500
Active
0
26037176
0
0
3,536
Shaws Garden Add
St Louis City
St. Louis City
St Louis City
Residential Income
Traditional
Residential Income
$5,495
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 4249 Chouteau Avenue, St Louis City, MO 63110 | 0/0 | 1,950 | $375,000 | $368,500 98.3% of ask |
Sep 3, 2026 |
| 4036 Shaw Boulevard, St Louis City, MO 63110 | 3/3 | 2,288 | $324,999 | $324,999 100% of ask |
Sep 3, 2026 |
| 5028 Bischoff Avenue, St Louis City, MO 63110 | 3/3 | 1,817 | $334,900 | $351,000 104.8% of ask |
Sep 2, 2026 |
| 5207 Wilson Avenue, St Louis City, MO 63110 | 1/2 | 1,125 | $289,000 | $330,000 114.2% of ask |
Aug 31, 2026 |
| 5216 Wilson Avenue, St Louis City, MO 63110 | 2/3 | 1,600 | $619,900 | $655,000 105.7% of ask |
Aug 31, 2026 |
| 4916 Berthold Avenue, St Louis City, MO 63110 | 0/0 | 2,700 | $265,000 | $270,000 101.9% of ask |
Aug 31, 2026 |
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