$1,150,000

1936 Benton St Saint Louis, MO 63106

Saint Louis Place Neighborhood

Estimated payment $6,270/month

Total Views 2,585
34 Beds
24 Baths
26,085 Sq Ft
$44 Price per Sq Ft

Highlights

  • Deck
  • Corner Lot
  • Stainless Steel Appliances
  • Property is near public transit
  • No HOA
  • 5-minute walk to St Louis Place Park

About This Home

The Benton Street Apartments are a 26-unit multifamily asset in St. Louis City in walking distance to the new NGA West Headquarters. This historic brick row-style property was completed renovated in April of 2013 and offers a classic architectural presence with updated interiors, in-unit laundry hook ups, updated appliances, updated flooring, kitchens, and more.

The current rent roll totals $19,570 which includes four (4) down units. This allows investors to raise occupancy and renovate the down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 11.93% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions.

The current rent roll totals $17,690 which includes two vacant units and two down units. This allows investors to raise occupancy and renovate the two down units to increase cash flow significantly. With the current rent roll annualized and T12 expenses, the property is performing at a 10.89% cap rate which offers incredibly strong returns with great upside potential. Please reach out to the brokers with any questions.

24 Multifamily Units Fully Renovated in 2013
12.80% Cap Rate w/ In Place RR & T12 Expenses
Very Strong In-Place Performance w/ Significant Upside
Walkable to the Brand New NGA Campus
Mix of 1 Bd / 1Ba, 1 Bd / 1.5 Ba and 2 Bd / 1.5 Ba Units

Listing Agent

Garen Lafser

Salient Realty Group, LLC License #2015014613 Listed on: 08/04/2025

Co-Listing Agent

Tyler Alms

Salient Realty Group, LLC License #2020033848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • Corner Lot
  • Historic Home

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Combination Foundation
  • Block Foundation
  • Architectural Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 26,085 Sq Ft Home
  • 2.5-Story Property
  • Ceiling Fan
  • Panel Doors
  • Gas Dryer Hookup
  • Basement

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Ice Maker
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 24 Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • City Lot

Schools

  • Columbia Elem. Comm. Ed. Center Elementary School
  • Yeatman-Liddell Middle School
  • Vashon High School

Utilities

  • Forced Air Heating and Cooling System
  • Single-Phase Power
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 1100-00-0080-0

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 26 Units

Recreation

  • Park

Building Details

  • 22 Leased Units
  • Gross Lease
  • Other Expense $96,829
  • Net Operating Income $147,178

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,701

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: N. 21st St
  • Year Built: 1890
  • Directions: GPS is best!
  • Property Sub-Type: 5 Family or More
  • ResoCommunityFeatures: Curbs, Park, Sidewalks, Sewer Gutters
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup
  • ResoLotFeatures: City Lot, Corner Lot, Near Public Transit
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Total Gross Income: 234240
  • Co List Office Mls Id: MISSLRG01
  • Co List Office Phone: 314-374-3687
  • Co List Office Phone: 314-374-3687
  • Outside Inclusions: Building,Land
  • MLS Status: Active
  • Subdivision Name: Union Addition
  • Above Grade Finished Sq Ft: 34308
  • Architectural Style: Historic
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: Two and a Half
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Apartment Building
  • Financial Info Electric: Single Phase
  • MIS_AboveGradeFinishedAreaSrchSqFt: 34308.00
  • MIS_SellerConsiderConcessionYN: 0
  • MIS_PoolYN: 0
  • MIS_UnitCount: 3
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Appliances: Stainless Steel Appliance(s), Ice Maker, Gas Oven, Range, Range Hood
  • Basement YN: Yes
  • Total Bedrooms: 34
  • Door Features: Panel Door(s)
  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

  • Roof: Architectural Shingle, Flat, Membrane
  • Pool Private: No
  • Waterfront: No
  • Disclosures: None
  • Construction Type: Brick
  • Foundation Details: Block, Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Columbia Elem. Comm. Ed. Center
  • Junior High Dist: St. Louis City
  • High School: Vashon High
  • Middle Or Junior School: Yeatman-Liddell Middle School

Lot Info

  • Parcel Number: 1100-00-0080-0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1701

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26
  • Existing Lease Type: Gross
  • Net Operating Income: 147178
  • Number Of Units Leased: 22

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
08/04/2025 08/04/25 For Sale $1,150,000 -- $44 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25053581

MARIS MLS

APN: 110000-00801

Missouri St. Louis City County Saint Louis 63106 Saint Louis Place

1936 Benton St, Saint Louis, MO

This home is located at 1936 Benton St, Saint Louis, MO 63106 and is currently priced at $1,150,000, approximately $44 per square foot. This property was built in 1890. 1936 Benton St is a home located in St. Louis City with nearby schools including Patrick Henry Elementary School, Yeatman-Liddell Middle School, and Vashon High School.

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Garen Lafser
Listing Agent
Garen Lafser
Section Image
Salient Realty Group, LLC
(314) 374-3687