Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
2,726
Excellent investment opportunity! This well-maintained 4-family apartment building has been under continuous professional management since 2017 and offers a strong rental history with additional upside potential. Each of the four units features an identical 1-bedroom, 1-bathroom floor plan with hardwood flooring throughout the living areas and bedrooms, tile flooring in the kitchens and bathrooms, separate HVAC systems, and individual utility systems. Three units are currently occupied, including two long-term tenants who have been in place since 2016 and 2017, while the third occupied unit was leased in April 2026. The fourth unit recently became vacant after a long-term tenancy, providing an excellent opportunity for an owner-occupant or for a new tenant at current market rent. The shared basement offers washer and dryer hookups for each unit, along with a designated storage area for every apartment. Water, sewer, and trash are included in the rent. Recent capital improvements include major plumbing updates completed in 2026, eight replacement windows installed in 2024, and an electrical system update. This turnkey investment has been professionally managed for years and offers stable occupancy, separate mechanical systems, and immediate value-add potential through leasing the vacant unit. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2726.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Varies by Unit, Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Other Exterior Features
None
-
Parking
Basement, Off Street, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0982
-
Lot Size(square feet)
4,277
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style, Historic
Price
-
Sales Price
$385,000
-
Tax Amount
$5,817
-
Sq. Footage
2,726
-
Price/SqFt
$141
HOA
-
Association
No
School District
-
Elementary School
Bel-Nor Elem.
-
Middle School
Bel-Nor Middle School
-
High School
Normandy High
Property Features
-
New Construction
NO
-
Foundation Details
Concrete Perimeter
-
Ownership
Private
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Bel-Nor Elem.
Middle School
Bel-Nor Middle School
High School
Normandy High
Listing Courtesy of Tiffany Gerling , Legend Realty
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AGENT
Tammy Hardy
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