$2,800,000

Estimated payment $15,926/month

Total Views 2,892
38 Beds
38 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Great opportunity to own 38 Units in the heart of South City in St. Louis. The property consists of 38, 1 bedroom units. In-place rents average around $685/month, with renovated units achieving $743/month, showing clear rent upside. The property currently has 14 vacant units ready for lease up creating immediate upside through stabilization and rent growth.

Listing Agent

Tim McCarthy

Salient Realty Group, LLC License #2019034093 Listed on: 07/28/2025

Co-Listing Agent

James Anderson

Salient Realty Group, LLC License #2019046652

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,096

Year Built

  • Built in 1959

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 38 Bathrooms

Schools

  • Monroe Elem. Elementary School
  • Fanning Middle Community Ed.
  • Roosevelt High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Additional Features

  • Wood Flooring
  • Basement Ceilings are 8 Feet High

Listing and Financial Details

  • Assessor Parcel Number 166100060

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 38 Units
  • Low-Rise Condominium

Building Details

  • 24 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,096

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: South Broadway
  • Year Built: 1959
  • Directions: GPS is best
  • Property Sub-Type: 5 Family or More
  • Co List Office Mls Id: MISSLRG01
  • Co List Office Phone: 314-374-3687
  • Co List Office Phone: 314-374-3687
  • MLS Status: Active
  • Subdivision Name: Marine Villa
  • Architectural Style: Low/1-2
  • Carport Y N: No
  • New Construction: No
  • Financial Info Electric: Ameren
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_UnitCount: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 8 ft + Pour
  • Basement YN: Yes
  • Total Bedrooms: 38
  • Fireplace: No
  • Flooring: Hardwood

Exterior Features

  • Disclosures: None
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monroe Elem.
  • Junior High Dist: St. Louis City
  • High School: Roosevelt High
  • Middle Or Junior School: Fanning Middle Community Ed.

Lot Info

  • Parcel Number: 166100060

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12096.16

Multi Family

  • Number Of Units Total: 38
  • Number Of Units Leased: 24

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/28/2025 07/28/25 For Sale $2,800,000 +12.0% --
08/15/2022 08/15/22 Sold -- -- --
06/27/2022 06/27/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $2,500,000 -- $64 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25051987

MARIS MLS

APN: 166100-00600