$4,650,000
$100K PRICE DROP

Estimated payment $26,926/month

Total Views 16,577
36 Beds
36 Baths
23,400 Sq Ft
$199 Price per Sq Ft

Highlights

  • 0.68 Acre Lot
  • Cooling Available
  • Forced Air Heating System
  • No HOA

About This Home

Oakview Apartments is a 36-unit value-add multifamily community situated in a thriving area of St. Louis’s Central Corridor. The property consists of three all-brick buildings featuring 36 1-bed, 1-bath units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street parking in the parking lot behind in the rear of the buildings. Oakview Apartments is ideally located just minutes from Forest Park. Its proximity to WashU ensures a steady influx of students, faculty, and staff, driving demand for rental properties. The vibrant Dogtown neighborhood, known for its lively atmosphere and local eateries, adds to the area’s appeal. Downtown Clayton, with its bustling business district and upscale shopping and dining, is also just a short drive away. Additionally, the property is conveniently located near major hospitals and employers in the Central West End, such as BJC Healthcare, attracting healthcare professionals and other workers. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases. Furthermore,
5 units have not been updated with new kitchens, presenting additional opportunities for value enhancement. The property
is being offered free-and-clear, allowing buyers the flexibility to secure new financing.

Listing Agent

Matt Bukhshtaber

CBRE License #2011029892 Listed on: 09/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,773

Year Built

  • Built in 1927

Parking

  • On-Site Parking

Home Design

  • 23,400 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 36 Bathrooms

Schools

  • Mason Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Additional Features

  • Laundry in unit
  • 0.68 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 4002-00-0141-1

Community Details

Overview

  • No Home Owners Association

Building Details

  • Other Expense $174,189
  • Net Operating Income $337,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,773

Year Built

Built in 1927

Lot Details

0.68 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • ResoLaundryFeatures: Inside
  • Lot Size Acres: 0.6761
  • Co List Office Phone: 314-655-6000
  • MLS Status: Active
  • Subdivision Name: Oakland Park
  • Architectural Style: Apartment Style
  • Carport Y N: No
  • New Construction: No
  • PreviousStatus: Expired
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 36
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: No Other Known Restrictions
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: On Site

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mason Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Long Middle Community Ed. Center

Lot Info

  • Lot Size Sq Ft: 29450.92
  • Parcel Number: 4002-00-0141-1

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32773

Multi Family

  • Net Operating Income: 337676

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,773 $391,510 $55,930 $335,580
2024 $31,161 $391,510 $55,930 $335,580
2023 $31,161 $391,510 $55,930 $335,580
2022 $27,748 $335,690 $12,310 $323,380
2021 $27,709 $335,690 $12,310 $323,380
2020 $22,720 $277,400 $12,310 $265,090
2019 $22,641 $277,400 $12,310 $265,090
2018 $23,357 $277,400 $12,310 $265,090
2017 $22,957 $277,400 $12,310 $265,090
2016 $23,251 $277,400 $12,310 $265,090
2015 $21,054 $277,400 $12,310 $265,090
2014 $21,041 $277,400 $12,310 $265,090
2013 -- $277,400 $12,310 $265,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2026 01/21/26 For Sale $4,650,000 0.0% $199 / Sq Ft
12/31/2025 12/31/25 Off Market -- -- --
10/20/2025 10/20/25 Price Changed $4,650,000 -2.1% $199 / Sq Ft
09/03/2025 09/03/25 For Sale $4,750,000 -- $203 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25060505

MARIS MLS

APN: 400200-01411

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