1014 Oakview Place Saint Louis, MO 63110
Cheltenham NeighborhoodEstimated payment $28,413/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: MIS25060505

APN: 400200-01411
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