Beautifully Updated Turnkey Four-Family in The Grove

Location & Neighborhood Highlights:

  • Located in the heart of The Grove, one of St. Louis’ most vibrant and desirable neighborhoods.
  • Close to Barnes Hospital, Washington University Medical School, SLU Campus, The Botanical Gardens, Forest Park, and major highways 40 and 44.

Property & Investment Highlights:

  • The building recently underwent a complete renovation that included new updated kitchens, bathrooms, in unit laundry, all new doors, lighting, hardware, all updated systems, and the roof was replaced. 
  • Features well-designed, owner occupant grade 1-bedroom, 1-bathroom layouts perfect for modern living.
  • Low turnover and limited inventory in the neighborhood make this property a rare find.
  • Ongoing redevelopment in The Grove supports continued strong rental demand and excellent potential.

Features:

  • Beautifully finished hardwood floors and tasteful finishes throughout.
  • Modern bathrooms with walk in showers, in unit laundry. 
  • Spacious tiled showers, sleek quartz countertops, and stylish kitchen islands.
  • Central HVAC systems provide year-round comfort.
  • Private fenced-in backyard creates a secure and serene outdoor oasis. A new 2 story porch was added on the back of the property and there is a detached garage. 

Rental Potential:

  • Current rental rates: $1,200/month per unit, plus $50/month for laundry.
  • Comparable units in the area rent for $1,300+ per month, offering potential for increased income.

Virtual Unit Tours:

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Rare Development Opportunity in The Grove

Prime Opportunity: Two adjacent lots in The Grove present a rare chance to invest in a highly sought-after location, just one block from the vibrant shops and restaurants on Manchester Avenue.

Highly Desirable Location: These lots are ideally situated near key St. Louis landmarks such as Forest Park, Barnes-Jewish Hospital, the Washington University Medical Complex, and the Missouri Botanical Garden, offering unmatched convenience and appeal.

Ready for Development: Both lots are already divided, making them perfect for the construction of side-by-side townhomes.

Lot Dimensions: The lot at 4328 Gibson measures 19 feet wide by 126 feet deep, while 4330 Gibson measures 16 feet wide by 126 feet deep.

Incredible Market Potential: With nearby townhomes in the 63110 zip code recently selling for up to $500,000, or $271 per square foot, this is an outstanding development opportunity in a thriving neighborhood.

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