Four-family building located on a quiet cul-de-sac in Florissant, Missouri. This property is part of a larger 44-unit apartment complex consisting of seven buildings within the same cul-de-sac, offering investors the opportunity to acquire multiple buildings within one cohesive community. The four family buildings can be purchased separately or together, and the 32 additional units can also be purchased with the four families if desired. The complex has undergone extensive renovations between 2023 and 2026, with more than $2.2 million in capital improvements completed throughout the property. Upgrades include improvements to electrical systems, common areas, windows, water heaters, furnaces, and condensers. This building features 2 bedroom units with 3,536 square feet and features a pitched roof, central heating and cooling, and spacious common areas. Each four-family building includes five off-street parking spaces. Units offer washer and dryer hookups, with additional potential to add shared laundry facilities. All four units within the building feature similar updates, providing consistency in layout and finishes across the property. Current rents are below market, presenting an opportunity for future rent growth. Market data indicates average rents of approximately $1,050 for two-bedroom units within a five-mile radius. At least one unit per building may be available for showings or potential owner-occupancy. Conveniently located near Lambert International Airport and major employers such as Boeing and Amazon, the property benefits from strong employment drivers in the surrounding area. The buildings are located within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development, which will further enhance the surrounding area.

Virtual Tour: https://my.matterport.com/show/?m=g7eXY6g24qk

Four-family building located on a quiet cul-de-sac in Florissant, Missouri. This property is part of a larger 44-unit apartment complex consisting of seven buildings within the same cul-de-sac, offering investors the opportunity to acquire multiple buildings within one cohesive community. The four family buildings can be purchased separately or together, and the 32 additional units can also be purchased with the four families if desired. The complex has undergone extensive renovations between 2023 and 2026, with more than $2.2 million in capital improvements completed throughout the property. Upgrades include improvements to electrical systems, common areas, windows, water heaters, furnaces, and condensers. This building features 2 bedroom units with 3,536 square feet and features a pitched roof, central heating and cooling, and spacious common areas. Each four-family building includes five off-street parking spaces. Units offer washer and dryer hookups, with additional potential to add shared laundry facilities. All four units within the building feature similar updates, providing consistency in layout and finishes across the property. Current rents are below market, presenting an opportunity for future rent growth. Market data indicates average rents of approximately $1,050 for two-bedroom units within a five-mile radius. At least one unit per building may be available for showings or potential owner-occupancy. Conveniently located near Lambert International Airport and major employers such as Boeing and Amazon, the property benefits from strong employment drivers in the surrounding area. The buildings are located within a designated flood zone. The City of Florissant has acquired adjacent land for a planned future park development, which will further enhance the surrounding area.

Virtual Tour: https://my.matterport.com/show/?m=2BBEU5zHtXq

Fantastic investment opportunity in South St. Louis’ Dutchtown neighborhood. This fully occupied duplex generates $2,055 per month in gross rent and delivers immediate cash flow that meets the 1% rule. Each 2-bed, 1-bath unit features updated kitchens, renovated bathrooms, fresh paint, and select system upgrades. The property sits just steps from Marquette Park, the Dunn-Marquette Rec Center, and the public pool, giving tenants easy access to neighborhood amenities. Investors can also purchase this duplex as part of a package with nearby 3834 Minnesota to build a strong South City portfolio for under $450,000. Whether you’re starting out or expanding, this property performs well in one of South City’s most active rental markets

This 16-unit apartment complex offers a value-add opportunity with in-place income and strong upside. With 5 tenants currently in place and units primed for renovation, rents can be increased from the current $540 average toward market levels, targeting an estimated 10% cap rate after stabilization. The building would benefit from comprehensive electrical and plumbing upgrades, along with renovations and updates to the vacant units, making it well-suited for an investor prepared to execute a thoughtful rehab plan and unlock long-term cash flow. The property consists of sixteen 1-bedroom, 1-bathroom residential units, a highly desirable layout supported by consistent local rental demand. The total building square footage is approximately 11,548 square feet, situated on a 0.372-acre lot. Below-market rents provide upside through strategic renovations and rent repositioning to align with current market averages. Area rental data supports average market rents of approximately $756 for comparable 1-bedroom units within a 3-mile radius. Section 8 is also an option, HUD has market rent for 1 beds in St. Louis at $984 a month, providing an option for steady income. Pro-forma cap rate based on rents at $984 after renovations are 13.7%. Additional value can be created through improved property management efficiencies and stabilization. With targeted improvements, the property offers the opportunity for increased cash flow and long-term appreciation. Motivated seller will look at all reasonable offers!