The Allen Avenue Furnished Lofts - ten fully furnished, individually renovated residences in one landmark 1901 red-brick building on a single parcel carrying three classic Soulard addresses (1019, 1021, and 1023 Allen). 100% occupied. Priced at a 7.25% cap rate on ACTUAL trailing performance: $193,732 total revenue against $57,254 of actual operating expenses for $136,478 NOI. Every unit has its own floor plan, in-unit laundry, full kitchen, smart TV, queen beds, electronic locks, and owner-paid high-speed internet. Unit mix: three 1BR/1BA, three 1BR/1.5BA, two 2BR/2.5BA townhome-style lofts, and two studios. Three ways to operate - long-term, mid-term furnished (30+ day traveling-nurse and corporate stays), or short-term, or a hybrid of all three. One tenant has operated their unit as a successful Airbnb since February 2023. Soulard has no hotel inventory, and SSM Health SLU Hospital, Cardinal Glennon Children's, and the Barnes-Jewish / Washington University medical campus are minutes away. Turnkey, management-light cash flow in St. Louis's oldest and most walkable neighborhood, where product like this rarely trades. Offering memorandum, current rent roll, and seller operating statements available to qualified buyers. Buyer to verify all figures, square footage, and short-term-rental permitting.
0 Bed
0 Bath
7,680 sq.ft
$0 per sq.ft
Historic
$ 1,882,400
Active
0
26046044
0
0
7,680
Allens/Russell
St Louis City
St. Louis City
St Louis City
Residential Income
Historic
Residential Income
$6,092
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 3438 Russell Boulevard, 804, St Louis City, MO 63104 | 1/1 | 530 | $97,500 | $81,750 83.8% of ask |
Sep 4, 2026 |
| 3406 Vista Avenue, St Louis City, MO 63104 | 3/3 | 2,200 | $549,900 | $540,000 98.2% of ask |
Sep 3, 2026 |
| 1515 Lafayette Avenue, 418, St Louis City, MO 63104 | 2/2 | 1,314 | $169,900 | $170,000 100.1% of ask |
Sep 2, 2026 |
| 2012 Lafayette Avenue, St Louis City, MO 63104 | 4/6 | 4,142 | $849,000 | $800,000 94.2% of ask |
Aug 28, 2026 |
| 912 Russell Boulevard, St Louis City, MO 63104 | 0/0 | 3,563 | $425,000 | $410,000 96.5% of ask |
Aug 27, 2026 |
| 3006 Victor Street, St Louis City, MO 63104 | 3/3 | 2,318 | $399,900 | $395,000 98.8% of ask |
Aug 27, 2026 |
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Coming Soon! Showings to begin on Thursday, September 10.
Own a private Soulard retreat. This stately historic home sits on a lush, rare double lot in the heart of one of St. Louis's most storied neighborhoods, with room for a garden, pets to roam, or a future pool. A thoughtfully designed renovation blends historic character with modern updates throughout. The living room's vintage fireplace and original architectural charm flow into a formal dining room. The kitchen boasts Carrara marble countertops, a large central island, and floor-to-ceiling cabinetry, offering an entertainer's hub. Out back, a privacy-fenced yard and oversized garage fit two cars or SUVs plus a golf cart. It's a natural gathering spot for parties, and with Soulard's festivals, farmers market, and restaurants just steps away, plus a short trip to Busch Stadium on game day, you're set for every celebration the neighborhood offers. Upstairs, the primary suite is a quiet escape with a spa-like ensuite bath, double sinks, deep soaking tub, and custom shower. A third-floor guest suite gives visitors their own private space. A rare piece of Soulard history, updated for the way people live today.
Absolutely Stunning! This newer home with beautiful hardwood floors throughout the main level is just 5 minutes from downtown. East of St. Louis University and south of Harris Stowe University, there is easy access to highways 40, 44, 55 and 70. The Living Room and Primary Bedroom welcomes you with inviting fireplaces. The Dining Room features French doors and artwork by Beverly Bevel, a conversation piece that will keep your guests talking! Primary bedroom has walk-in tub with separate shower. There is a full basement with an egress window waiting for your finishing touches!
