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.
Search the MLS below using the city, postal code, address or listing id of the desired property.
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.
Search the MLS below using the city, postal code, address or listing id of the desired property.
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 Farmer’s 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 feet with 2 beds and 1 bath. Rents for 2 units were recently raised to $1,200 a month, with the another 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.
Search the MLS below using the city, postal code, address or listing id of the desired property.
This 4-family in the Princeton Heights neighborhood has been beautifully rehabbed.
It offers an excellent owner-occupant or investment opportunity with an 8.5% cap rate.
Unit renovations for each unit features:
Unit 5537 (first floor right side) is vacant for an owner/occupant. The other units are rented for $1,375, $1,425, and $1,425.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Great opportunity for an investor or owner-occupant to purchase this well-maintained 4-family building.
All units are 1 bedroom and 1 bathroom, with approximately 750 square feet of living space. There is potential to raise rents in this building, with rent for 1-bedrooms in the area going for $750-$975.
Some new stainless steel appliances, 3 new water heaters, 2 new electric panels, and 2 new furnace/AC units.
The property is located in Marine Villa, just a few blocks from the popular Cherokee St. Property is to be sold as-is.
Search the MLS below using the city, postal code, address or listing id of the desired property.
This newly updated, brick 4-family building is conveniently located less than a quarter of a mile from Gravois Park and less than a mile away from Tower Grove Park. Recent updates include a new deck, roof, gutters, HVAC systems, and all-new electric panels, as well as new kitchens and bathrooms, some flooring. The property offers two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with three of the four units currently occupied. Contact the owner/agent for a showing.
Search the MLS below using the city, postal code, address or listing id of the desired property.
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.
Search the MLS below using the city, postal code, address or listing id of the desired property.
20-unit apartment complex with all brick exterior entrances and a 22-unit storage building available now!
Search the MLS below using the city, postal code, address or listing id of the desired property.
Nice duplex in the heart of Saint Ann on a quiet residential street. Currently leased to two long-term tenants. The building has been very well maintained and cared for. Each unit has a spacious living room, eat in kitchen, updated bathroom, and bedroom. There is also plenty of storage space in the separated basements along with private washer and dryer hookups. The property has a very large, level backyard. Off street parking is available for both units. Take advantage of this amazing investment opportunity today!
Search the MLS below using the city, postal code, address or listing id of the desired property.
This updated four-family property is located in the desirable Shaw neighborhood, less than 300 feet from the Missouri Botanical Garden—visible from your front steps—and just a 10-minute walk to Tower Grove Park. Fully occupied; Airbnb unit can be viewed as bookings allow. Contact agent to schedule.
Neighborhood Appeal: Shaw is a quiet, sought-after neighborhood in St. Louis, surrounded by green spaces and distinguished Victorian homes. Tenants enjoy close proximity to local cafes, restaurants, and the many amenities offered by the Botanical Garden and Tower Grove Park.
Unit Layouts and Features: The property includes two spacious 2-bedroom, 1-bathroom units on the main level and two 3-bedroom, 1-bathroom units upstairs. The upstairs units include additional amenities like in-unit washer and dryer facilities and keyless entry. The third bedrooms in these units are bonus rooms with IKEA closets, ideal as office spaces. Each unit offers approximately 1,066 square feet of living space, with the total building size at 4,262 square feet (excluding the basement).
Large Backyard and Airbnb: The property boasts an enormous backyard (see photos), providing tenants with additional outdoor space. Unit 4260A is currently utilized as an Airbnb, generating an average income of $2,083 per month.
Recent Updates: The property has undergone significant improvements, including new furnaces, condensers, and three water heaters in 2022. Thirty feet of sewer lateral, primarily under the basement, was replaced with PVC in 2022. The roof was replaced in two phases, with half upgraded to TPO in February 2023 and the remainder in 2024.
Bathroom Renovation: Unit 4260 received a near $10,000 bathroom renovation in 2023, enhancing its appeal and value.
Virtual Tour of 4262: bit.ly/4262_Castleman
Virtual Tour of 4262A: bit.ly/4262A_Castleman
Airbnb listing (4260A): airbnb.com/slink/yNuzBSvi
Supplements (inspections etc): bit.ly/4260Castlemansupp
Search the MLS below using the city, postal code, address or listing id of the desired property.
