$699,900

Estimated payment $4,410/month

Total Views 2,399
-- Bed
42 Baths
15,064 Sq Ft
$46 Price per Sq Ft

Highlights

  • 7,044 Acre Lot
  • 3 Fireplaces
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • Under Construction

About This Home

Amazing opportunity to own a turnkey 11 unit mixed use building in the heart of the
Downtown Dutchtown business district. Six commercial units are home to local businesses and five spacious apartments with high ceilings, original woodwork and some skylights and some (nonfunctional) fireplaces occupied with one available for viewing, units have walkout to street level in the front and the parking lot in the back.

Home to a beauty and barber shop, a bakery in progress of build out, and various apparel and accessory stores, this building is in the perfect location. Tenants are stable, pay on time, and manage their own repairs and maintenence. Many tenants have been in place nearly a decade or more.

This building offers a rare chance to establish a presence in a neighborhood on the upswing. The mix of commercial storefronts and residential units provides multiple income streams, with significant value-add potential through strategic renovation, leasing improvements, and creative tenant curation. Whether you envision boutique retail, local services, or mission-driven enterprises at street level—and modern, affordable housing or artist lofts above—this building can anchor your investment in both community and cash flow.

Listing Agent

Lynne Hart

Real Broker LLC License #2015021561 Listed on: 07/17/2025

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,245

Year Built

  • Built in 1905 | Under Construction

Lot Details

  • 7,044 Acre Lot
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 42 Bathrooms
  • 15,064 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Wood Flooring
  • Unfinished Basement

Parking

  • Additional Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Meramec Elem. Elementary School
  • Long Middle Community Ed. Center
  • Roosevelt High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2652-00-0070-7

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • 10 Leased Units
  • Other Expense $37,805
  • Net Operating Income $46,255

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,245

Year Built

Built in 1905 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Virginia
  • Year Built: 1905
  • Directions: Meramec, East of Grand, please use GPS if needed.
  • Property Sub-Type: 5 Family or More
  • ResoLaundryFeatures: In Unit
  • Lot Size Acres: 7044
  • Total Gross Income: 84060
  • Co List Office Phone: 573-520-3099
  • MLS Status: Active
  • Subdivision Name: Louisiana Place Add
  • Above Grade Finished Sq Ft: 15064
  • Architectural Style: Historic
  • Carport Y N: No
  • Reso Fireplace Features: See Remarks
  • Unit Levels: Two
  • New Construction: No
  • ResoPropertyCondition: Under Construction, Updated/Remodeled
  • Reso Structure Type: Apartment Building
  • MIS_AboveGradeFinishedAreaSrchSqFt: 15064.00
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood

Exterior Features

  • Roof: Flat
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Occupancy Permit Required
  • Construction Type: Brick, Stone

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, Parking Lot

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Varies by Unit
  • 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: Meramec Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Long Middle Community Ed. Center

Lot Info

  • Parcel Number: 2652-00-0070-7

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7245

Multi Family

  • Number Of Units In Community: 11
  • Number Of Units Total: 11
  • Net Operating Income: 46255
  • Number Of Units Leased: 10

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
07/17/2025 07/17/25 For Sale $699,900 -- $46 / Sq Ft
Source: MARIS MLS

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Source: MARIS MLS

MLS Number: MIS25042068

MARIS MLS