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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Updated Four-Family in Shaw

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

Search the MLS below using the city, postal code, address or listing id of the desired property.

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