$750,000

Estimated payment $4,277/month

9 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Corner Lot
  • Property is near a park
  • Wood Flooring
  • No HOA

About This Home

Check out this amazing investment opportunity in a prime location of Tower Grove South! This building is being sold as one and features 6 separate condos. Each condo has separate titles and taxes, but the building as a whole is under one water, sewer, and trash bill. Each unit is currently tenant occupied until mid 2026, tenants pay electric and gas. All units have central air, in unit washers and dryers and there are 6 parking spaces in the back. On the west side of the building, there are three spacious two bedroom one bathroom units with a sunroom and living room. On the east side, there are also three spacious one bedroom one bathroom units that each have a bright roomy sunroom, living room and dining room. The kitchens for all units are large with plenty of cabinetry and countertops. The building also has low landscaping maintenance with minimal green space to maintain. Being right next to Tower Grove Park makes this a hot location with most two bedroom one bathroom units easily getting $1,200 plus a month and one bedroom one bathrooms easily getting $1,000 plus a month. Conveniently located near South City’s best shops and restaurants, with quick highway access that boosts tenant appeal. Furnaces for 1E and 1W are new in 2024 and 2021. Two hot water heaters are new in 2022. The competitive price reflects the current rent rates for the building and will be a great opportunity for investors who are looking for hot properties! Contact your agent to see two units this Saturday and Sunday (10/11 and 10/12) from 1-3. All other units available to view with an accepted offer.

Listing Agent

Jay Vandenburgh

Keller Williams Realty St. Louis License #2015032484 Listed on: 10/09/2025

Keller Williams Realty St. Louis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1921

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Back Yard

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Parking Pad
  • Paved Parking
  • Additional Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • City Lot

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5016-00-0375-0

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • 4400 Arsenal Condominiums Association
  • Mid-Rise Condominium

Building Details

  • 6 Leased Units
  • Other Expense $24,063
  • Net Operating Income $38,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,599

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Alfred Ave
  • Year Built: 1921
  • Directions: Kingshighway to Arsenal (Building on the right side). Grand to Arsenal (building on the left side)
  • Property Sub-Type: 5 Family or More
  • ResoCommunityFeatures: Sidewalks, Street Lights
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Back Yard, City Lot, Corner Lot, Level, Near Park
  • Road Frontage Type: City Street
  • Co List Office Phone: 314-677-6000
  • MLS Status: Active
  • Subdivision Name: 4400 Arsenal Condominiums
  • Architectural Style: Mid-Rise 3or4 Story, Traditional
  • Carport Y N: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Structure Type: Multi-Family
  • Financial Info Electric: Ameren
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_PoolYN: 0
  • MIS_UnitCount: 6
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished, Walk-Out Access
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Separate Dining, Shower, Tub
  • Appliances: Dishwasher, Dryer, Microwave, Built-In Electric Range, Refrigerator, Washer, Washer/Dryer, Washer/Dryer Stacked, Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Wood

Exterior Features

  • Fencing: Partial
  • Pool Private: No
  • Disclosures: Other
  • Construction Type: Brick
  • Exterior Features: Balcony, Lighting

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, Parking Pad, Paved
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association Name: 4400 Arsenal Condominiums

Schools

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

Lot Info

  • Parcel Number: 5016-00-0375-0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3599.35

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Net Operating Income: 38906.83
  • Number Of Units Leased: 6

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 List to Sale Price per Sq Ft Prior Sale
10/09/2025 10/09/25 For Sale $750,000 +7.1% --
09/24/2019 09/24/19 Sold -- -- -- View Prior Sale
09/05/2019 09/05/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $700,000 -- $115 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25067754

MARIS MLS