$2,475,000
PENDING $100K PRICE DROP

Estimated payment $14,526/month

Total Views 1,357
24 Beds
40 Baths
15,305 Sq Ft
$162 Price per Sq Ft

Highlights

  • Fitness Center
  • Subterranean Parking
  • Forced Air Heating and Cooling System
  • 0.25 Acre Lot

About This Home

Prime 16-Unit Apartment Building in St. Louis' Thriving 63110 Corridor. Discover an exceptional investment opportunity at 1052 South Kingshighway, a well-maintained 16-unit multifamily property in the heart of St. Louis. Situated in the highly desirable Hill/Forest Park Southeast area, this asset offers strong rental demand, modernized units, and excellent proximity to major employers, healthcare institutions, and entertainment districts.

Property Highlights:
- 16 Spacious Units: A mix of updated one-bedroom and two-bedroom apartments and multiple baths
- Turnkey Investment: Well-maintained property with solid rent roll and upside potential
- Prime Location: Minutes from Barnes-Jewish Hospital, Cortex, The Grove, and Forest Park
- Value-Add Potential: Opportunity for rent growth and additional revenue streams
- Underground, private garage parking
- Call agent for more details

Listing Agent

Andrew Scott

Realty Exchange License #2008032735 Listed on: 03/03/2025

Realty Exchange

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,741

Lot Details

  • 10,873 Sq Ft Lot
  • Lot Dimensions are 80x135

Parking

  • Subterranean Parking

Home Design

  • 15,305 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 40 Bathrooms

Laundry

  • Laundry in unit

Schools

  • Ashland Elem. And Br. Elementary School
  • Blewett Middle School
  • Beaumont Cte High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5042-00-0480-0

Community Details

Overview

  • 16 Units
  • Mid-Rise Condominium

Amenities

  • Reception Area

Recreation

  • Fitness Center

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,741

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Directions: GPS
  • Property Sub-Type: 5 Family or More
  • ResoLaundryFeatures: In Unit
  • Lot Size Acres: 0.2496
  • Reso Association Amenities: Fitness Center
  • Co List Office Phone: 314-6472220
  • Outside Inclusions: Building,Land
  • MLS Status: Pending
  • Subdivision Name: Gibson Heights Add
  • Above Grade Finished Sq Ft: 15305
  • Architectural Style: Mid-Rise 3or4 Story
  • Carport Y N: No
  • New Construction: No
  • MIS_AboveGradeFinishedAreaSrchSqFt: 15305.00
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 24
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Other, Year Built Unknown
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Underground

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Forced Air, Electric
  • Green Building Features: Reception
  • Water Source: Public

Schools

  • Elementary School: Ashland Elem. and Br.
  • Junior High Dist: St. Louis City
  • High School: Beaumont Cte High School
  • Middle Or Junior School: Blewett Middle

Lot Info

  • Lot Dimensions: 80x135
  • Lot Size Sq Ft: 10873
  • ResoLotSizeUnits: Acres
  • Parcel Number: 5042-00-0480-0

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13741

Multi Family

  • Number Of Units Total: 16

Map

Range of Values:

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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
07/09/2025 07/09/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $2,475,000 -2.0% $162 / Sq Ft
03/25/2025 03/25/25 Price Changed $2,525,000 -1.9% $165 / Sq Ft
03/03/2025 03/03/25 For Sale $2,575,000 -- $168 / Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25007195

MARIS MLS