NOT LISTED FOR SALE

9216 Central Dr Saint Louis, MO 63114

8 Beds
4 Baths
2,880 Sq Ft
7,841 Sq Ft Lot

Last Sold May 28, 2024

64 Days on Market

About This Home

As of May 2024

Back on the market at no fault of Seller! Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.

Last Agent to Sell the Property

Donald Shaver

Invest St. Louis License #2018044575 Listed on: 03/14/2024

Last Buyer's Agent

Savannah Bosler

Intersection Real Estate License #2017013189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x159

Home Design

  • 2,880 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Parking Available
  • Driveway
  • Open Parking

Schools

  • Marvin Elem. Elementary School
  • Ritenour Middle School
  • Ritenour Sr. High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace

Community Details

  • Net Operating Income $33,600

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 13K-11-1825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Woodson
  • Year Built: 1954
  • Directions: GPS
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.18
  • Co List Office Phone: 3256201
  • Subdivision Name: Shackelford Place
  • Above Grade Finished Sq Ft: 2880
  • Age: 70
  • PropaneTank: None
  • Total Expenses: 12000.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Range Oven(s)

Exterior Features

  • Disclosures: Other Disclosures, Flood Plain No, Occupancy Perm Req, Sellers Discl. Avail
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: More Than 1 Spc/Unit, Open
  • Driveway: Asphalt

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air, Individual Furnaces
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Marvin Elem.
  • Junior High Dist: Ritenour
  • High School: Ritenour Sr. High
  • Middle Or Junior School: Ritenour Middle

Lot Info

  • Lot Dimensions: 50x159
  • Lot Size Sq Ft: 7841
  • Parcel Number: 13K-11-1825

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: One or More Vacant

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3776
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 33600
  • Type Of Units: 4-Family

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold -- -- --
05/17/2024 05/17/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $275,000 +41.0% $95 / Sq Ft
08/03/2020 08/03/20 Sold -- -- -- View Prior Sale
06/29/2020 06/29/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $195,000 +50.1% $68 / Sq Ft
05/02/2014 05/02/14 Sold -- -- -- View Prior Sale
05/02/2014 05/02/14 For Sale $129,900 -- $45 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

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 $3,853 $61,250 $6,040 $55,210
2024 $3,853 $44,840 $3,210 $41,630
2023 $3,853 $44,840 $3,210 $41,630
2022 $3,509 $36,500 $2,810 $33,690
2021 $3,508 $36,500 $2,810 $33,690
2020 $3,210 $30,680 $4,540 $26,140
2019 $3,174 $30,680 $4,540 $26,140
2018 $2,643 $22,970 $2,070 $20,900
2017 $2,522 $22,970 $2,070 $20,900
2016 $2,669 $24,470 $2,830 $21,640
2015 $2,730 $24,470 $2,830 $21,640
2014 $2,276 $20,690 $3,630 $17,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24015150

MARIS MLS

APN: 13K-1-1-182-5