6201 Arsenal Street is a fully renovated 13-unit multi family property in St. Louis' 63139 corridor, located near the The Hill, The Clayton Central Business District, Forest Park, The Botanical Gardens, with easy access to highway 40 and 44. The property consists of twelve one-bedroom/one-bath apartments and one larger one-bedroom/one-and-one-half-bath residence. Originally developed with mixed-use space, the property was comprehensively renovated and three former commercial spaces were converted into apartments. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; refinished common areas and basements; renovated kitchens and bathrooms; new appliances and fixtures; modernized layouts; and AT&T Fiber infrastructure to every unit. Current base rent is $15,855 per month. All one-bedroom/one-bath apartments renting below $1,250 can be raised to the in place rent for similar apartments at $1,250, producing pro forma base rent of $17,015 per month, creating a measurable path to NOI growth. This property can be purchased with 6008 Southwest Ave. 63139, which was also fully renovated, located a few blocks from the property.
0 Bed
0 Bath
9,600 sq.ft
$0 per sq.ft
Apartment Style,Contemporary
$ 2,275,000
Active
0
26048678
0
0
9,600
Seevers Clifton Add
St Louis City
St. Louis City
St Louis City
Residential Income
Apartment Style,Contemporary
Residential Income
$20,813
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 6409 Oleatha Avenue, St Louis City, MO 63139 | 3/3 | 1,826 | $420,000 | $444,713 105.9% of ask |
Sep 4, 2026 |
| 1231 Louisville Avenue, St Louis City, MO 63139 | 0/0 | 1,296 | $310,000 | $315,000 101.6% of ask |
Sep 4, 2026 |
| 2315 Sulphur Avenue, St Louis City, MO 63139 | 3/1 | 1,197 | $215,000 | $217,000 100.9% of ask |
Sep 3, 2026 |
| 6516 W Park Avenue, St Louis City, MO 63139 | 2/1 | 875 | $1,495 | $1,495 100% of ask |
Sep 2, 2026 |
| 6711 Glades Avenue, St Louis City, MO 63139 | 2/1 | 525 | $169,900 | $175,000 103% of ask |
Sep 2, 2026 |
| 6720 Hancock Avenue, St Louis City, MO 63139 | 3/3 | 1,248 | $345,000 | $356,000 103.2% of ask |
Sep 2, 2026 |
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