Opportunity to acquire an updated three-family asset in The Grove, one of St. Louis’ most desirable central corridor neighborhoods. Located near Forest Park, the Missouri Botanical Garden, Cortex, Barnes-Jewish Hospital, and the shops, restaurants, and nightlife along Manchester Avenue, 1133 Talmage offers strong rental appeal with both owner-occupant and investor upside. The 4,164 square foot building includes a spacious, converted three-bedroom, two-bath townhome unit with more than 2,000 square feet, plus two large one-bedroom, one-bath units, each offering more than 1,000 square feet. The townhome unit is currently vacant, making it an ideal option for an owner-occupant looking to live in one unit while the existing tenants help offset the mortgage. The two one-bedroom units are occupied by long-term month-to-month tenants at below-market rents of $1,110 and $995 per month, creating a clear opportunity to increase income over time. Nearby rental comparables show similar one-bedroom units averaging approximately $1,625 within a 1.5-mile radius, while comparable three-bedroom units average approximately $2,342 within a 3-mile radius. The building features updated kitchens, some stainless steel appliances, updated bathrooms, fireplaces, central air, hardwood floors, in-unit washers and dryers, a partially fenced backyard, patio space, and balconies for the upper-floor units. With a desirable location, large unit layouts, existing rental income, and a vacant owner-occupant-ready townhome, 1133 Talmage offers a strong combination of stability and upside in The Grove.
0 Bed
0 Bath
4,128 sq.ft
$0 per sq.ft
Traditional
$ 574,900
Active
0
26039282
0
0
4,128
McRee Add
St Louis City
St. Louis City
St Louis City
Residential Income
Traditional
Residential Income
$1,267
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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