1280 Boland Place Saint Louis, MO 63117
Estimated payment $5,022/month
8
Beds
4
Baths
4,312
Sq Ft
7,279
Sq Ft Lot
Highlights
- Deck
- Traditional Architecture
- No HOA
- Maplewood Richmond Heights Elementary School Rated A-
- Wood Flooring
- Balcony
About This Home
Rarely does an opportunity like this hit the market in Richmond Heights! Known for its unbeatable location and strong rental demand, this all-brick 4-plex positions investors for immediate cash flow and long-term value growth, just minutes from Clayton, Forest Park, and some of the best dining and shopping in St. Louis.
Three of the four spacious 2-bed/1-bath units are leased into 2026, averaging $1,260/month, providing steady, predictable cash flow. All units feature abundant natural light, classic architectural details, and the character that tenants love. With strong baseline performance and established leases, there’s clear upside through strategic updates to maximize returns. Covered parking for four doubles as a generous back porch area, and the shared basement includes separate boilers and water heaters for each unit, plus individual washer/dryer hookups.
Well-maintained and ideally located, this property delivers dependable income now with built-in upside for the savvy investor...an exceptional addition to any portfolio! ***Showings only with accepted contract***
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,352
Year Built
- Built in 1940
Lot Details
- 7,279 Sq Ft Lot
- Private Entrance
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 4,312 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Flooring
- Basement Fills Entire Space Under The House
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Attached Carport Spaces
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
- Front Porch
Schools
- Mrh Elementary School
- Mrh Middle School
- Maplewood-Richmond Hgts. High School
Utilities
- Window Unit Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 20J-42-0616
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Net Operating Income $37,524
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | -- | -- | -- |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | For Sale | $630,000 | -- | $146 / Sq Ft |
Source: MARIS MLS
Similar Homes in Saint Louis, MO
Source: MARIS MLS
MLS Number: MIS25054593
APN: 20J-4-2-061-6
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