Find Your Multi-Family Here!
Subdivision: Hi Pointe Add
List Price: $875,000
Expected Active Date: May 03
99 year old, pet friendly, 4-family, with 1008 sq. ft. ONE Bedroom apartments (2B size). Strong rental history. # 1-N is available 6/1/24 and is directly above 850 sq. ft. of basement storage & an office. Other 3 are leased to 2025. Ideal arrangement (1-N) for self employed Owner / Occupant who can use the basement space for his/her business. Desirable, walkable, Clayton area. Five (rear) off street parking spots & ample street parking. Unique fenced front patio that is ideal for pets. Minimal yard maintenance, yet extensive front yard landscaping. Owner pays water / hot water, and common area electric. Some original knob/tube wiring & cast iron/galvanized pipes remain. Additional exterior water and electric outlets added for easy maintenance. Clayton permits required to lease or sell. All units viewed & inspected with an accepted contract. All currently leased. $70,200 gross less utilities, taxes & insurance = $53,582 BUY as a primary residence or investment.
Subdivision: Town/Caseyville
Last List Price: $499,000
Expected Active Date: May 05
Welcome to downtown Caseyville's prime investment opportunity! This solid Full Brick 8 Unit MultiFamily building is conveniently situated near highway access for easy commuting. The property features 4 1-bedroom apartments and 4- 2-bedroom residences. Detailed financial information, including the Profit & Loss statement and rent roll, are available in the attached documents for your thorough review. Additionally, the complex offers the convenience of coin-operated laundry facilities located in the basement. Rest easy knowing that the property is professionally managed by a trusted property management company, allowing for a seamless operation and maximizing your investment potential. Take advantage of this exceptional opportunity to secure a valuable asset in downtown Caseyville. Don't miss out on the chance to own this remarkable property and enjoy the benefits of a great investment.
Subdivision: Thomas Allens Western Add
List Price: $179,000
Expected Active Date: May 01
Here's a wonderful opportunity to own a duplex tucked away on a quiet block in Fox Park. Each 1 Bedroom, 1 Bathroom apartment features modern layouts with private BRs and marketable amenities such as in unit w/d connections, dishwashers and off street parking. Fully occupied by long term tenants, current rents are below market rate with plenty of room to grow. Smart updates include high efficiency HVAC, PVC plumbing and newer electrical components. The building is in solid shape with plenty of avenues for its next owner - keep it as a turnkey rental or consider converting it to a single family. Whether you are an investor, rehabber or owner occupant this could be the place for you. Centrally located in one of the city's premier neighborhoods, the property is surrounded by amenities and unparalleled hwy access. Showings to take place next week. Property is in great shape but selling in AS IS condition. Don't miss this one!
Subdivision: Tyler Place Add
List Price: $400,000
Expected Active Date: May 01
Welcome to Shaw Neighborhood. Opportunity awaits in this corner lot, two family situated across the street from the Botanical Gardens.1 block from Tower Grove Park! The lower unit offers 1bd/1ba. Upper unit has 2bd/1ba each with a living room, separate dining room, and eat-in kitchen. Each unit has access to their private deck. The home features original wood flooring, box beam ceilings, original millwork, archways, and pocket doors. The charm continues into the bathrooms with the original claw foot tubs. The walk-up basement, with private access from each unit, provides an abundance of storage space and washer/dryer hookups This historic home with updated tuckpointing, sewer lateral, water heaters, electrical, decks, HVAC system and newer roof. Property was used as a short-term rental for the past 33 months (Upper 87% occupancy/Lower 100% occupancy) with a healthy profit. The upper was a 3 bedroom and the lower was a 2 bedroom with city approved occupancy of 5 upper and 4 lower
Subdivision: Franklin Add
List Price: $325,000
Expected Active Date: May 02
Completely Occupied 4 family flat in south city with all long term tenants. Each apartment has 4 large rooms plus enclosed rear porches, and hardwood floors throughout. Lots of upside potential as both 2nd floor units are true 2 bedrooms plus inclosed porches. Both 1st floor apartments can be used as walk thru 2 bedroom units. Large lot with off street parking in the rear. Long term tenants. Perfect for owner occupant, investor, or can be upgraded for usage as an Air BNB. Great Location surounded mostly by single family homes in the 3900 block of Bates. Walking distance to Cerondalet Park. Long term Tenants. Broker/Owner.
Subdivision: Range C
Last List Price: $114,900
Status Date: May 01, 2024
Investor alert! This home is fully rented and while it may not look perfect, it does have brand-new wiring, plumbing, and a fully redone roof (rafters, decking, and shingles) and more. The property brings in $1300 per month and has not gone one month without a renter since it was re-done.
Subdivision: na
Last List Price: $64,900
Status Date: May 01, 2024
Includes 2nd parcel, vacant lot, 23-2-08-07-17-301-027.
Subdivision: Mcdermotts Grand Ave
List Price: $260,000
Status Date: May 01, 2024
Wonderful investment opportunity in South City! Perfect for investors, or owner occupant. Great location just West of Grand. Only 10 minutes from Tower Grove Park! Newly updated 4-family, that's ready to cash flow! Many new updates including, some new water heaters, newer plumbing, newer roof, & newer electric. New flooring, cabinets, bathroom fixtures including some new tubs, & appliances. One unit has a rear addition that can be used as a second bedroom. Units have pets, which adds additional income. Community laundry in the basement. Please do not disturb tenants.
Subdivision: Tower Grove South
List Price: $3,250,000
Status Date: May 01, 2024
Incredible opportunity to acquire the Morganford Plaza Apartments, a 40-unit apartment community at 3725-41 Morganford Road, in St. Louis, Missouri. The property offers a strong value add opportunity with strong rental demand and an average in-place rent upside of $85 plus $40 RUBs per unit per month on average for a total of $125 average rent upside per unit. However, when updating units cosmetically, units are increasing up to $200 a month plus $40 RUBs. The property offers an attractive unit mix with 24, 1 bedroom units and 16, 2 bedroom units and has had some major updates in recent years including: new TPO roofs, all newer HVAC systems, updated laundry facility, and updated common grounds. Some units have been updated offering a proven concept for higher rents. The property does offer assumable Freddie Mac debt. Terms are outlined later in this offering memorandum.
Subdivision: Martins Add
Last List Price: $695
Status Date: May 01, 2024
FOR LEASE. 1-Room Main Level Efficiency Apartment. Appliances include new electric range/oven, new microwave and refrigerator. On premise, coin operate washer and dryer. Minimum one-year lease. Rent $695/m. Water, sewer and trash billed back at $55/m. Security Deposit $695. Tenants pay all other utilities directly. Pets negotiable. Screening fee $60/adult living in the place.
Subdivision: Maryville Add
List Price: $350,000
Status Date: May 01, 2024
Property updates include: roof, windows, doors, front painted, new deck on back, railing on front, new shingles, trim on windows, floors, drywall, paint, electrical, plumbing, bathroom, kitchen, cabinets, fridge, stove, dishwasher. Looking to add to your portfolio ....this huge all brick 2 family unit has lots of potential total updated .Each unit offers 2 bedroom 1 bath. Property is current rent at 4,400.00 per month. Must see today great CWE location.
Subdivision: Eilers Add
List Price: $234,900
Status Date: May 01, 2024
tWO UNITS CURRENTLY RENTED FOR TOTAL RENT OF $1635, 2 units open to be rented! This 4 family of 1 bedroom units has been rehabbed to provide immediate income for the buyer. Updates include kitchens, baths, flooring, paint and A NEW ROOF! Occupancy is complete for all 4 units, one is already in process for a new section 8 tenant, the others are in process of securing tenants. Expected rent for each unit is $800-$900, making gross income for the property $3200 to $3600 not including rent of the garage. DO NOT DISTURB OCCUPANTS IN OCCUPIED UNIT. Unoccupied units, basement and garages are available for showings.
Subdivision: Allens Add
List Price: $700,000
Status Date: May 01, 2024
Subdivision: Gardenville Terrace Add
List Price: $279,900
Status Date: Apr 30, 2024
Discover this well-maintained brick duplex in the highly sought-after Princeton Heights, ideal for those looking for owner occupied option. The welcoming exterior features a large, covered front porch, fenced backyard and detached 2 cars garage. Each of the duplex's two units offers versatile living spaces with over 1,200 sq. ft., tailored to meet the needs of various lifestyles. Main Floor: Vacant and ready for move-in, this unit shines with fresh paint and beautifully refinished hardwood floors. It includes a sunroom that can double as a second bedroom, a classic built-in cabinet in the hallway, and a brand-new back door for private access. Second floor: This unit retains its original charm with woodwork and an in-kitchen built-in cabinet. Enjoy a private, enclosed sun porch off the kitchen and a newly rebuilt balcony off the living room. 1 bedroom with potential to convert to 2 bedrooms, sunroom,1 full bath, Central air conditioning and Ample closet space.
Subdivision: ranney place
Last List Price: $300,000
Status Date: Apr 30, 2024
Duplex with (2) 2BD 1BA apartments. Sale includes the adjoining vacant lot. Multiple investment opportunities with the ownership of this property. Duplex provides rental income, plus the vacant lot adds development opportunities. With a Riverview, walking distance to the casino and the Downtown Cape, this property is a rare find. The area is always growing and improving, seize the opportunity to own your own part of Downtown Cape Girardeau.
Subdivision: St Louis County Farms Add
List Price: $420,000
Status Date: Apr 30, 2024
This four-family property on Kemper Avenue is located in Southwest Garden, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1943, the building comprises 2,760 square feet with off-street parking. All units feature 1-beds and 1-baths. The property has been recently updated with modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has some updated electric and plumbing, central heating and cooling with 8-9 year old HVAC systems, hardwood flooring, laundry facilities, and storage units in the basement. A full roof replacement was done in 2021. There is potential to increase rents with similar-sized 1-bedroom apartments within a mile radius average rents at $1,010. Three units have recently been rented, with one unit left vacant for showings.
Subdivision: St Louis County Farms Add
List Price: $420,000
Status Date: Apr 30, 2024
This four-family property on Kemper Avenue in Southwest Garden is located less than a quarter mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building features 1-bedroom, 1-bathroom units, 2,760 square feet, with off-street parking. The property has recently been updated with modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has central heating and cooling, a 3-4 year old roof, and almost all new plumbing and electrical systems. Additionally, the building has hardwood flooring, laundry facilities, and storage units in the basement. There is potential to increase rents with similar sized 1-bedroom apartments within a mile radius averaging rents at $1,010. Three apartments were recently leased, with one apartment left vacant for showings. Virtual tour is available upon request.
Subdivision: St Louis County Farms Add
List Price: $275,000
Status Date: Apr 30, 2024
This four family on Kemper is located in the Southwest Garden neighborhood, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building spans 2,760 square feet. Each unit features 1 bedroom, 1 bathroom, with hardwood floors, and tile in the bathrooms. This building is not currently updated, providing an opportunity for creating equity and higher rents with updates. The electric panels are updated and there is off street parking. One of the four units has HVAC. The building has hardwood flooring, laundry facilities, and storage units in the basement. Similar sized 1-bedroom apartments average rent within a mile radius is $998. Two apartments have been left vacant for showings and potential updates. A virtual tour is available upon request.
Subdivision: St Louis County Farms Add
List Price: $359,000
Status Date: Apr 30, 2024
This four-family property on Kemper is located in the Southwest Garden neighborhood, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building boasts 2,760 square feet of living space, with off-street parking in the rear. The building is fully occupied, with 1-bedroom, 1-bathroom units updated just four years ago. Updates include modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has updated electric, central heating and cooling, hardwood flooring, laundry facilities, and storage units in the basement. A full roof replacement was done in 2019. There is potential to increase rents in the future, with similar-sized 1-bedroom apartments within a mile radius averaging rents at $1,010. A virtual tour is available upon request.
Subdivision: Tower Grove Heights Add
List Price: $750,000
Status Date: Apr 30, 2024
This well-maintained 6-family property is ideally situated in the desirable Tower Grove South neighborhood, just two blocks from Tower Grove Park. With its proximity to the Park, the property offers residents easy access to outdoor recreational activities, including Food Truck Fridays and the Farmerās Market. This 7,392 square feet building was built in 1909 and renovated approximately 12 years ago. The building had a full TPO roof replacement in 2019. The building is fully occupied, each unit features approximately 900 square ft with 2 beds and 1 bath. Rents for 2 units were recently raised to $1,200 a month, with the other 3 units due for a rent increase in the future. Similar-sized 2-bedroom apartments within a mile radius have average rent of $1,319. The closest comparable sale is a 6-family that sold at 3721 McDonald 63116. The 5,508-square-foot 6-family sold for $975,000 with 1-bedroom units renting at $1,100. A virtual tour is available upon request.