100% LEASED | FULLY FURNISHED | 7.25% CAP ON ACTUAL T-12. A turnkey 7-unit income package in the heart of historic Soulard that simply performs. Offered at $1,434,000 on $142,510 in-place income, $154,200 gross potential, and $103,934 actual T-12 NOI. Three all-brick residences (922-926 Allen) were taken to the studs in 2018 - new HVAC, electric, plumbing and roof - and are leased FURNISHED to traveling nurses and corporate professionals whose rent is paid by employer housing stipends: premium rents with a zero-collection-loss track record. Every home delivers in-unit laundry, updated kitchens, hardwood floors, central air and private decks/patio, plus off-street parking and basement storage. THE UPSIDE: SSM Health SLU and BJC/Barnes-Jewish hospitals are minutes away (endless travel-nurse demand), and Soulard has virtually NO hotels - so these turnkey furnished units can flip to short-term/Airbnb on day one (seller has never operated STR). Walk to McGurk's, Molly's, the Farmers Market and the Anheuser-Busch Brewery in St. Louis's most walkable, Mardi Gras-famous neighborhood. Renovated, leased, stipend-backed and priced to move.
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7,732 sq.ft
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Historic
$ 1,434,000
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St Louis City
St. Louis City
St Louis City
Residential Income
Historic
Residential Income
$2,675
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!
