See all 14 photos
14 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$575,000
Est. payment /mo
6,996 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 6,996 sqft
Price per Sqft $82
Subdivision Soulard
MLS Listing ID 25081431
Style Historic,Traditional
Year Built 1885
Annual Tax Amount $6,650
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type 5 Family or More
Property Description
Turn-key 6-unit building in the heart of Soulard, just steps from Mardi Gras festivities, the historic Soulard Farmers Market, and a dense mix of bars and restaurants that keep rental demand strong year-round.
The property features a balanced unit mix of three one-bedroom apartments and three one-bedroom-plus units, making it attractive to a wide range of tenants. Originally renovated in the early 1990s, the building has solid fundamentals and has been professionally managed by a long-term, attentive owner, ensuring consistent upkeep and stable operations.
This is a rare opportunity for a new investor to step into a well-performing asset with clear upside. With simple, cost-effective cosmetic improvements—primarily flooring, lighting, and paint—there is strong potential to increase rents and boost overall returns.
An ideal first investment: low complexity, strong location, proven rental demand, and meaningful long-term appreciation potential in one of St. Louis's most sought-after neighborhoods. Don't get lost in the Zillow shuffle; reach out to me, the listing agent, for more details or to schedule a tour.
The property features a balanced unit mix of three one-bedroom apartments and three one-bedroom-plus units, making it attractive to a wide range of tenants. Originally renovated in the early 1990s, the building has solid fundamentals and has been professionally managed by a long-term, attentive owner, ensuring consistent upkeep and stable operations.
This is a rare opportunity for a new investor to step into a well-performing asset with clear upside. With simple, cost-effective cosmetic improvements—primarily flooring, lighting, and paint—there is strong potential to increase rents and boost overall returns.
An ideal first investment: low complexity, strong location, proven rental demand, and meaningful long-term appreciation potential in one of St. Louis's most sought-after neighborhoods. Don't get lost in the Zillow shuffle; reach out to me, the listing agent, for more details or to schedule a tour.
Location
State MO
County St Louis City
Area 2 - Central East
Rooms
Basement Unfinished
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Listing As Is
Read Less Info
Listed by Jenifer Garcia • Garcia Properties
Get More Information