3723 Commonwealth Ave Maplewood, MO 63143
Estimated payment $5,966/month
Highlights
- 0.37 Acre Lot
- Contemporary Architecture
- Forced Air Heating and Cooling System
- Maplewood Richmond Heights Elementary School Rated A-
- No HOA
- Fenced
About This Home
Have your (Investment) cake and eat it too! Once in a lifetime opportunity to acquire one of the most unique live/work buildings you have ever seen, located in central and highly desirable Maplewood. Smart, contemporary renovation by current owner, this 7800 +/- sf former light industrial building has tons of open creative/work spaces on the first floor and a massive 3 bedroom/2 bath loft-style living space on the 2nd floor. Soaring ceilings on both levels, loads of natural light with new windows throughout, new roof, tuckpointing, hvac, and plumbing updates make this a low-maintenance property. Loads of parking with parking lot on the west side of building and additional spaces. Situated just 1 block off Big Bend Blvd in a private cul-de-sac with excellent access to I-40/I-44. Second floor currently rented to traveling nurses. Many possibilities here - live upstairs, have your business downstairs. Or live upstairs and lease the first floor to one or several businesses wanting a unique, loft-style work environment. Or, lease out the whole building and be the proud owner of the coolest investment property in St. Louis County. Owner's business occupies part of 1st floor space and they would consider a sale-lease-back if desired. 2 car-deep garage in front provides additional storage space, or rent the garage for additional income. Separate 2 story barn on premises for additional storage or possibility to build-out into an additional rental apartment. PUD permitted uses include 1 three bedroom apt, co-working space up to 4400 sf per City of Maplewood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,479
Year Built
- Built in 1928
Lot Details
- 0.37 Acre Lot
- Fenced
- Historic Home
Home Design
- Contemporary Architecture
- Mixed Use
- Brick Exterior Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Bathrooms
Schools
- Mrh Elementary School
- Mrh Middle School
- Maplewood-Richmond Hgts. High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 22J-51-0355
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,479 | $148,670 | $18,140 | $130,530 |
| 2024 | $10,479 | $94,780 | $18,140 | $76,640 |
| 2023 | $10,479 | $94,780 | $18,140 | $76,640 |
| 2022 | $7,951 | $67,360 | $18,140 | $49,220 |
| 2021 | $7,909 | $67,360 | $18,140 | $49,220 |
| 2020 | $8,853 | $74,490 | $17,820 | $56,670 |
| 2019 | $8,811 | $74,490 | $17,820 | $56,670 |
| 2018 | $9,506 | $78,300 | $17,820 | $60,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $975,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Title Partners | |
| Warranty Deed | -- | Title Partners | |
| Warranty Deed | $305,000 | -- | |
| Corporate Deed | $227,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $891,750 | Construction | |
| Closed | $891,750 | Construction | |
| Previous Owner | $225,000 | Commercial |
Source: MARIS MLS
MLS Number: MIS25074600
APN: 22J-51-0355
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