Fully Furnished and Renovated Duplex in The Grove

Updated and fully furnished side by side townhomes in the heart of The Grove—walkable to Forest Park, the Medical Center, breweries, restaurants, and nightlife. Enjoy easy access to highways, downtown, and the Central West End.

This 5,104 ft building is a turnkey opportunity—sold fully furnished, with modern updates, flexible rental options, and a location in one of the city’s fastest-growing neighborhoods.

Ideal for investors or owner-occupants seeking a move-in-ready property with exceptional income potential. Currently operating as a successful short-term furnished rental, the property generated $76,694 in gross rental income in 2024.

Each side of this beautifully rehabbed building offers spacious layouts with 3 bedrooms, 3 full bathrooms, multiple living areas, and off-street parking. Thoughtful renovations blend historic charm with bold, modern finishes, including granite countertops, stylish lighting, and custom millwork.

Outdoor spaces include private wood decks and balconies—perfect for relaxing or entertaining. Interiors feature professionally curated decor with a sleek, open feel, ready for Airbnb, mid/long-term furnished leases, or an owner looking to house hack in one of St. Louis’s most dynamic neighborhoods.

There’s strong income potential for furnished medium- or long-term rentals. Potential market rent for a 2,500+ sq ft furnished rental is $4,500 per unit, projected annual income totals up to $108,000—boosted by close proximity to the Barnes Hospital Complex and Washington University Medical School.

Whether you’re an investor seeking strong cash flow or a buyer looking for a stylish, income-producing place to call home, Chouteau checks all the boxes.

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7-Unit Multi-Family Investment in St. Charles

Rare opportunity to acquire an updated 7-family property with a 2-car garage in St. Charles. The main building includes five units, while two additional units are located in a separate building at the rear of the property. Tenants enjoy access to a fenced backyard and a covered front porch. The main building offers approximately 2,415 sq ft of living space, with an estimated 1,100 sq ft in the rear building, totaling roughly 3,515 sq ft.

Currently, six units are occupied. Once fully leased—including the seventh unit and the second garage space (which rents for $50/month)—the property is projected to generate $4,335 per month in gross rental income. There is solid potential for rent increases. The average rent for studio apartments within a 10-mile radius over the past year is $1,207, while one-bedroom units within a 3-mile radius averaged $1,309. Over the past 12 months, the property generated $47,531 in income, with operating expenses totaling $20,540.

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42 Unit Redevelopment Opportunity in Visitation Park

Investment Overview:

The Cabanne Castle is a striking Tudor style three-story brick apartment building built in 1925, totaling approximately 31,898 sq. ft.  

The building has distinct unique turrets and architectural features, and a large courtyard.

42 Units: (24) 1-bed / 1-bath units and (18) 2-bed / 1-bath units. There is a lower level with 24 underground parking spaces, and space for private storage for tenants. 

The building is located in the West End neighborhood:

  • .4 miles from the Central West End
  • .9 miles from Forest Park
  • 1.5 miles from The Loop
  • 1.6 miles from Barnes Medical Complex and Washington University Medical School
  • 2.5 miles from Washington University
  • 2.9 miles from Clayton, MO

Strong rental demand in the area supported by nearby institutions and entertainment hubs.

Ideal for developers or investors seeking a large-scale multi-family rehab project with key infrastructure already in place.

There is an adjacent lot to the west of the building included in the sale which can be used for additional parking.

Project Status & Improvements:

The building needs to be completed, but many plans and permits are already city-approved (some will need renewal).

Some of the completed improvements include: Demolition, a new roof, new windows on rear and sides, tuckpointing, framing, floors have been leveled, etc.

Ready for mechanical, electrical, and plumbing installation.

Value-Add Potential:

Historic tax credits are available for the project.

Opportunity to convert the underground lower level into 6 additional units which could possibly be added with additional egress added for the units. There is also potential to add a lounge and gym in the lower level. 

Approximate after repair value is $5,200,000 ($123,809 per unit).

Approximate cost to complete the project is $2,800,000 ($66,666 per unit).

Approximate purchase plus renovation costs are $4,200,000 ($100,000 per unit).

Potential 23% equity after completion of the project with a 9.9% cap rate.

With projected renovation costs of $2,800,000 with combined state and federal tax credits at 45% of qualified expenses there is the potential for tax credits in excess of $1,000,000.

There is also potential for property tax abatement through the city of St. Louis.

Potential Financing Once Stabilized: 

$3,750,000 30 year loan at 5.5% .

Debt service coverage ratio 1.2.

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Fully Renovated Townhome in Forest Park Southeast

Fully Renovated Townhome in Forest Park Southeast:

This stunning, fully renovated brick townhome blends timeless architecture with modern luxury. Located in the heart of Forest Park Southeast, the home offers approximately 1,788 square feet of finished living space on a 2,437 square foot lot (0.056 acres).

Elevated Design & Contemporary Comfort:

Originally built in 1911, this home has just undergone a full renovation—featuring brand-new windows, doors, and systems throughout. Inside, you’ll find tall ceilings (9–10 feet), engineered wood flooring, designer fixtures, and dimmable lighting. A skylight above the staircase brings in natural light.

Luxe Kitchen & Entertaining Space:

The extra-large kitchen is ideal for hosting, with solid wood soft-close cabinets, dark steel-finish appliances (including washer and dryer), and an induction cooktop. The open layout flows seamlessly into the living space, highlighted by an electric fireplace with adjustable flame colors and heating.

Spa-Inspired Bathrooms & Premium Features:

With 3 bedrooms and 2.5 bathrooms, the home features solid marble bathroom floors, modern fixtures, and clean, stylish design throughout. Every detail has been curated for a move-in-ready experience.

Outdoor Living & Urban Convenience:

Enjoy a private fenced-in backyard, off-street parking, and walkability to shops, restaurants, and parks. This is a rare chance to own a fully updated home in one of St. Louis’ most vibrant neighborhoods.

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Mixed-Use Property in Dogtown Near Clayton

Outstanding Location:

This highly visible mixed-use building in Dogtown offers a rare opportunity just a short walk from Forest Park. Conveniently located near DeMun, Washington University, The Loop, and Downtown Clayton, with easy access to Highway 40 / Interstate 64, this property sits in one of St. Louis’ most sought-after areas.

Property Overview:

Built in 1915 and meticulously maintained, this 3,240-square-foot brick building spans two floors, each measuring 1,620 square feet. The first floor is a commercial space currently leased as an office, with the tenant vacating in April 2025. The second floor is a spacious three-bedroom, two-bath residence with a variance allowing for commercial use, also occupied by the current tenant. The basement provides additional workspace, currently utilized by the same tenant.

Versatile Use Potential:

This property presents multiple opportunities:

  • Ideal for an owner-occupant seeking a live/work space.
  • Suitable for full commercial use.
  • The first-floor commercial space can continue as office space or be converted for retail use.

Parking & Additional Features:

A fenced parking lot at the rear of the building provides eight parking spaces. The building also features an attached enclosed porch on the second floor, adding functional space to the property.

Investment Potential:

  • The average rental income for three-bedroom, 1.5+ bath apartments within a two-mile radius is $2,737 per month. The estimated pro forma rent for the second-floor apartment is $2,200 per month.
  • The estimated pro forma rent for the commercial space is $2,265 per month, calculated at $16.78 per square foot.

Recent Updates & Improvements:

  • 2015: Laminate flooring installed on the first floor, tiling installed on the second floor.
  • 2016: The water heater and the east side gutter/downspout were both replaced.
  • 2017: New TPO roof (complete tear-off), new second-floor A/C unit, tuckpointing of parapets and roof-related brickwork, tuckpointing of the north and east walls, and exterior building painting.
  • 2018: Partial basement waterproofing with channels cut.
  • 2023: Interior painting of the first and second floors, new carpet installed on the second floor, and additional basement waterproofing and sealing.

A Virtual Tour of the Building is Available:

https://my.matterport.com/show/?m=rMptFBVh1mD&mls=1

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44 Units in Florissant, Missouri

Extensive Renovations & Capital Investment: These buildings are in the final stages of complete gut renovations (2023-2025) with $2.2 million in capital expenditures invested. A breakdown of the capital expenditures can be provided upon request.

Unit Mix & Construction: 1960s construction featuring 12 two-bedroom units and 32 one-bedroom units.

Prime Location: A short drive to Lambert International Airport and close to major employers, including Boeing and Amazon.

Updated Systems & Features: Buildings feature central air, updated electrical, and modernized systems.

Lease-Up Status & Completion Timeline: Currently in lease-up, with 22 of 44 units occupied. Buildings at 5 and 16 Bruce Dr. are approximately 90% complete and available for lease-up in April.

Seller’s Delivery Options: The seller will deliver the complex fully renovated and leased but is open to allowing the buyer to complete the renovations and lease-up if preferred.

Efficient Property Layout: Side-by-side buildings provide ease of maintenance and leasing.

Flood Zone & Nearby Development: Buildings are located in a flood zone. Five buildings closest to Coldwater Creek have been purchased by the City of Florissant for future park development.

Value-Add Opportunity: Units are currently leased under market rent, allowing a buyer to increase rents upon lease expiration. Market rents are validated through leases in Buildings 1 and 2 Bruce Dr.

Market Rent Comparisons:

  • The average rent for 12 two-bedroom, one-bath units within a one-mile radius over the past 12 months is $1,079.
  • The average rent for 20 one-bedroom, one-bath units within a three-mile radius over the past 12 months is $924.

Additional Property Features: Buildings have pitched roofs, large open common areas, and ample tenant parking. Washer/dryer hookups are available, with potential to add laundry facilities for additional income.

Attractive Pricing & Offer Flexibility: Priced at $75,000 per unit and open to offers, including pre-completion and lease-up negotiations.

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7 Turnkey Condos on Sieloff Drive

This portfolio features seven diligently maintained condos across 6 buildings located close to each other in Hazelwood on Sieloff Drive. All 7 units are currently occupied. These condos are all two-bedroom, one-bathroom units with the exception of one 3-bedroom, 1-bathroom unit. Many of these units have had the same tenants for several years and are in good condition.

The current monthly rental income is $5,325, totaling $63,900 annually, while the current annual expenses stand at $21,666, resulting in a net annual income of $42,234. At the current list price, assuming 80% LTV 30yr amortization and 7% rate this condo portfolio is lender friendly, exceeding a 1.5 DSCR. Additionally, there is potential for even higher net income as the units are currently rented below market rates.

Property maintenance is hassle-free with the condo association handling all exterior repairs, landscaping, and parking areas. Amenities include dedicated off-street parking, in-unit or on-site laundry, and cost-effective all-electric utilities, covering water, trash, and gas expenses. Major employers like Amazon and Boeing are located within close proximity to the condos.

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Duplex with Townhome Units in South City St. Louis

High-Value Add Potential
Located in the heart of South St. Louis City, this property presents a rare investment opportunity.

Major Renovations Completed
Most of the heavy lifting is done—investors can add the finishing touches to maximize value.

Rare & Spacious Units
Large 3-bed, 2-bath townhome-style units are in high demand, commanding top market rents.

Built-In Equity & Strong Cash Flow
Priced competitively, offering investors the potential for immediate equity and significant monthly returns.

Strong Sales Comps
Similar townhome units are pending sale at $379,000, while smaller 2-bed, 1-bath duplexes have sold for up to $320,000.

Prime Location
Centrally located near major roads, public transit, shopping, dining, and just 10 minutes from downtown St. Louis—making tenant demand high.

High Rental Potential
Rental projections of up to $1,600/month per unit ensure a low-maintenance, high-yield investment for years to come.

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Income-Producing Southwest Gardens Four-Family

Property Highlights

  • Situated in the Southwest Garden neighborhood, one of St. Louis’ most desirable neighborhoods. Steps from the Missouri Botanical Garden, Barnes Hospital, Washington University Medical School, Forest Park and Tower Grove Park, offering a highly sought-after setting for tenants.
  • All four units are in similar condition, offering consistency and ease of management. A well-maintained, income-generating asset in a high-demand rental market.
  • Total building size: 3,536 sq. ft.
  • The building is priced at $150 sq ft.
  • Central heating and cooling for all units.
  • Laundry hookups in the basement for each unit.
  • Four true 1-bedroom, 1-bathroom units – each approximately 800 sq. ft. (not shotgun, walkthrough layouts).
  • This four family has the potential to be converted from one bedroom units to two bedroom units by creating a wall with bedroom at the front of the apartment. An open kitchen with island with connected living area setup is possible by removing the wall between the kitchen and the living room.
  • 2 bedroom apartments in the area have rented from $1,500-$2,225, with a second bedroom and open kitchen concept there is potential to significantly increase the rents.

The Building & Systems

  • TPO roof (approximately 6 years old).
  • Mostly vinyl exterior windows with aluminum capping.
  • All PVC stacks and drains. All PVC lateral under the basement slab (mix of PVC and clay for laterals outside the building).
  • Parking pad at the rear of the building for approximately 4 vehicles.

Virtual Tour

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Mixed-Use Redevelopment Opportunity in South City

This mixed-use building presents a prime opportunity for an investor or developer to transform a blank slate into a high-performing asset in the heart of South City. Priced at $375,000, the property has undergone significant improvements, including a large new deck and a three-car garage, but still requires plumbing, electrical updates, drywall, and finishing touches to reach its full potential. Notably, six units are already gutted and framed, making it well on its way to becoming a fully functional six-unit apartment building.

The building currently features three apartments on the upper level and three commercial spaces on the main level, which are ideal for conversion into additional apartments. Additionally, a large, open, unfinished attic offers even more potential for creative development. Located in a vibrant and rapidly redeveloping area, the property is surrounded by sought-after neighborhoods like Tower Grove East, Fox Park, and Benton Park West, all experiencing substantial revitalization. Its prime South City location provides easy access to public transportation, major thoroughfares, highways, and downtown St. Louis. Residents will enjoy proximity to a wealth of neighborhood shops, restaurants, and bars, adding to the area’s appeal.

With strong rental demand, 1-bedroom, 1-bath apartments in the area rent for over $1,000 per month. Comparable multi-family properties sell for over $100,000 per unit, underscoring the value and income-generating potential of this property. Whether you are an experienced developer or a savvy investor, 2648 Gravois offers a rare chance to create a high-demand residential asset in one of St. Louis’ most promising areas. Don’t miss this opportunity to capitalize on the growth and vibrancy of South City!

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