$4,750,000

Estimated payment $28,413/month

Total Views 737
36 Beds
36 Baths
23,400 Sq Ft
$203 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

Co-Listing Agent

Corey Egan

CBRE License #2014016595

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

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • ResoLaundryFeatures: Inside
  • Lot Size Acres: 0.6761
  • Total Gross Income: 511865
  • Co List Office Mls Id: MISCBRE01
  • Co List Office Phone: 314-655-6000
  • 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
  • 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

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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