Upstairs unit
Upstairs unit
Upstairs unit
Upstairs unit
Upstairs unit
Upstairs unit
Upstairs unit
Upstairs unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Main-level unit
Basement Laundry
Basement Laundry
Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.
0 Bed
0 Bath
12,614 sq.ft
$0 per sq.ft
Apartment Style
$ 1,700,000
Active
0
26054926
0
0
12,614
Kingshighway Terrace Add
St Louis City
St. Louis City
St Louis City
Residential Income
Apartment Style
Residential Income
$9,998
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 3953 Federer Place, St Louis City, MO 63116 | 3/3 | 2,296 | $525,000 | $530,000 101% of ask |
Sep 4, 2026 |
| 5000 Steffens Avenue, St Louis City, MO 63116 | 2/2 | 963 | $185,000 | $201,500 108.9% of ask |
Sep 4, 2026 |
| 3850 Arsenal Street, St Louis City, MO 63116 | 4/4 | 2,644 | $620,000 | $605,000 97.6% of ask |
Sep 4, 2026 |
| 5860 Christy Boulevard, St Louis City, MO 63116 | 0/0 | -- | $330,000 | $320,000 97% of ask |
Sep 2, 2026 |
| 4049 Germania Street, St Louis City, MO 63116 | 3/2 | 1,035 | $158,000 | $158,000 100% of ask |
Sep 1, 2026 |
| 4632 Loughborough Avenue, St Louis City, MO 63116 | 0/0 | 2,014 | $274,900 | $256,000 93.1% of ask |
Sep 1, 2026 |
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GREAT OPPORTUNITY TO OWN THIS HOME! WITH A FEW UPDATES AND TOUCH-UPS, YOU CAN TRANSFORM THIS PROPERTY INTO A BEAUTIFUL HOME AT A DEEP DISCOUNT. DON’T MISS THIS CHANCE TO CREATE VALUE AND MAKE THIS HOME YOUR OWN! This charming single-family residence, built in 1937, features 3 bedrooms and 1.5 bathrooms and offers a great opportunity for homeowners, renovators, and investors alike. Showcasing classic Tudor and Bungalow architectural influences, this property offers character and potential for those looking to create their ideal living space or add to their investment portfolio. The inviting living room provides a comfortable gathering space, while the private patio offers a pleasant outdoor area for morning coffee, entertaining, or relaxing in the evening. With three bedrooms and one-and-a-half bathrooms, the home offers a functional layout with plenty of potential for updates, improvements, and customization. Whether you're a seasoned investor, a first-time buyer, or a handy homeowner looking for your next project, this property is ready for your vision and offers an opportunity to create something special. PROPERTY IS BEING SOLD AS-IS. SELLER WILL NOT MAKE REPAIRS OR CREDITS. ALL PERSONAL BELONGINGS CURRENTLY IN THE PROPERTY WILL REMAIN AND CONVEY WITH THE SALE.
