4048 Giles Ave Saint Louis, MO 63116
Dutchtown NeighborhoodEstimated payment $2,918/month
Highlights
- No HOA
- Forced Air Heating and Cooling System
- 4 Car Garage
- Brick Veneer
- Ceiling Fan
About This Home
Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy.
Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors.
Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,178
Year Built
- Built in 1928
Lot Details
- 5,602 Sq Ft Lot
Parking
- 4 Car Garage
Home Design
- Brick Veneer
Interior Spaces
- 5,282 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Basement
Schools
- Meramec Elem. Elementary School
- Fanning Middle Community Ed.
- Roosevelt High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 2587-00-0550-0
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,178 | $38,820 | $2,340 | $36,480 |
| 2025 | $3,250 | $38,820 | $2,340 | $36,480 |
| 2024 | $3,090 | $38,820 | $2,340 | $36,480 |
| 2023 | $3,090 | $38,820 | $2,340 | $36,480 |
| 2022 | $3,209 | $38,820 | $2,340 | $36,480 |
| 2021 | $3,204 | $38,820 | $2,340 | $36,480 |
| 2020 | $3,179 | $38,820 | $2,340 | $36,480 |
| 2019 | $3,168 | $38,820 | $2,340 | $36,480 |
| 2018 | $3,118 | $37,030 | $2,340 | $34,690 |
| 2017 | $3,064 | $37,030 | $2,340 | $34,690 |
| 2016 | $3,104 | $37,030 | $2,340 | $34,690 |
| 2015 | $2,811 | $37,030 | $2,340 | $34,690 |
| 2014 | $2,743 | $36,160 | $2,340 | $33,820 |
| 2013 | -- | $36,160 | $2,340 | $33,820 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | Price Changed | $499,900 | -4.8% | $95 / Sq Ft |
| 07/15/2026 07/15/26 | Price Changed | $525,000 | -4.5% | $99 / Sq Ft |
| 06/17/2026 06/17/26 | For Sale | $550,000 | -- | $104 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | -- |
Source: MARIS MLS
MLS Number: MIS26036804
APN: 258700-05500
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.