Fully-Occupied Four-Family in Southwest Gardens

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.