Income-Producing Shaw Duplex Near Tower Grove Park

Excellent opportunity to own a well-located duplex in the heart of the desirable Shaw neighborhood. The property offers a spacious 2-bedroom/1-bath second-floor unit and a 1-bedroom/1-bath first-floor unit, both currently leased at $1,400 and $1,250 per month to wonderful long term tenants. Both units feature updated kitchens with stainless steel appliances (including dishwashers), plus a separate dining room and living room showcasing original built-in wood shelving and classic woodwork. The basement includes washer/dryer hookups for each unit, and the home is complemented by a large fenced backyard and garage. A major value-add opportunity exists by adding a wall in each unit, reconfiguring the layout to a 3-bedroom and 2-bedroom, significantly increasing future rent potential. Just minutes from Tower Grove Park, major highways, top restaurants, and neighborhood amenities, this property benefits from strong rental demand and timeless Shaw appeal. A solid option for investors seeking stable cash flow today with clear upside through thoughtful improvements and future rent growth.

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3916 Nebraska Ave, St. Louis, MO 63118

This spacious 3-bedroom, 2-bathroom brick home offers 1,696 sq. ft. of living space on a 3,844 sq. ft. lot (.0882 acres) a great opportunity to own a well-maintained home in one of South St. Louis’s most vibrant areas.

Inside, the main level features vinyl plank flooring, while the upstairs bedrooms are carpeted for comfort. The kitchen and baths include tile or laminate finishes, and large windows fill the home with natural light. Built-in storage throughout adds both charm and functionality. The unfinished basement includes walkout access to the backyard and a detached storage area, offering plenty of room for projects or additional storage.

A newer back deck provides inviting outdoor space, and the home is equipped with updated systems including PEX plumbing, vinyl windows with aluminum capping, and a brick exterior in great condition. Heating and cooling are provided by a gas furnace, electric central air, and electric water heater.

Located near Marquette Park, Laclede Park, and Gravois Park, residents enjoy easy access to South Grand’s shops, cafes, and restaurants. Currently tenant-occupied on a monthly lease, this property offers flexibility for both investors and owner-occupants alike.

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Turnkey 16-Unit Multifamily in Desloge, MO

The Cedar Ridge Apartments offer an excellent opportunity for investors seeking stable cash flow, strong returns, and minimal management hassle just outside of St. Louis. This 16-unit community is spread across four well-maintained buildings in Desloge, Missouri, and is consistently fully leased and easy to operate. 

The building features 2 bedroom units with in unit laundry, all the units have their own porches. The apartments also have central air with mini splits, and there are detached storage units for the apartments on site.

With significantly lower expenses for taxes, insurance, and utilities compared to similar properties in the city, this asset stands out for its efficiency and profitability. Located in unincorporated St. Francois County, the property benefits from a landlord-friendly environment with low taxes, minimal red tape with no occupancy inspections.

Projected rents of up to $1,000 per unit offer immediate income potential and long-term upside. Whether you’re expanding your portfolio or looking for a low-maintenance investment, Cedar Ridge Apartments delivers dependable performance without the typical headaches.

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33-Unit Portfolio in Southeast Missouri

Rare opportunity to acquire a cash-flowing 33-unit turnkey investment portfolio in the heart of Cape Girardeau, Missouri. This diverse package includes 29 single-family homes and 2 multifamily buildings (totaling 4 units), offering a mix of 1- to 5-bedroom units—ideal for accommodating a broad tenant base.

Strategically located near downtown amenities, major employers, and Southeast Missouri State University, these properties offer strong rental demand, stable occupancy, and easy access to transportation and services.

Highlights:

  • 33 total units – strong unit mix for diversified income
  • Proximity to downtown, medical centers, and SEMO campus
  • Solid rental history with value-add potential
  • Professionally maintained and easy to manage
  • Ideal for both seasoned investors and 1031 exchange buyers

Unlock reliable cash flow with long-term growth potential in this well-located, easy-to-maintain portfolio. Opportunities like this are rare—schedule a review of the full package today!

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42 Unit Redevelopment Opportunity in Visitation Park

Investment Overview:

The Cabanne Castle is a striking Tudor style three-story brick apartment building built in 1925, totaling approximately 31,898 sq. ft.  

The building has distinct unique turrets and architectural features, and a large courtyard.

42 Units: (24) 1-bed / 1-bath units and (18) 2-bed / 1-bath units. There is a lower level with 24 underground parking spaces, and space for private storage for tenants. 

The building is located in the West End neighborhood:

  • .4 miles from the Central West End
  • .9 miles from Forest Park
  • 1.5 miles from The Loop
  • 1.6 miles from Barnes Medical Complex and Washington University Medical School
  • 2.5 miles from Washington University
  • 2.9 miles from Clayton, MO

Strong rental demand in the area supported by nearby institutions and entertainment hubs.

Ideal for developers or investors seeking a large-scale multi-family rehab project with key infrastructure already in place.

There is an adjacent lot to the west of the building included in the sale which can be used for additional parking.

Project Status & Improvements:

The building needs to be completed, but many plans and permits are already city-approved (some will need renewal).

Some of the completed improvements include: Demolition, a new roof, new windows on rear and sides, tuckpointing, framing, floors have been leveled, etc.

Ready for mechanical, electrical, and plumbing installation.

Value-Add Potential:

Historic tax credits are available for the project.

Opportunity to convert the underground lower level into 6 additional units which could possibly be added with additional egress added for the units. There is also potential to add a lounge and gym in the lower level. 

Approximate after repair value is $5,200,000 ($123,809 per unit).

Approximate cost to complete the project is $2,800,000 ($66,666 per unit).

Approximate purchase plus renovation costs are $3,899,000 ($92,833 per unit).

Potential 25% equity after completion of the project with a 10.7% cap rate.

With projected renovation costs of $2,800,000 with combined state and federal tax credits at 45% of qualified expenses there is the potential for tax credits in excess of $1,000,000.

There is also potential for property tax abatement through the city of St. Louis.

Potential Financing Once Stabilized: 

$3,750,000 30 year loan at 5.5% .

Debt service coverage ratio 1.2.

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Mixed-Use Property in Dogtown Near Clayton

Outstanding Location:

This highly visible mixed-use building in Dogtown offers a rare opportunity just a short walk from Forest Park. Conveniently located near DeMun, Washington University, The Loop, and Downtown Clayton, with easy access to Highway 40 / Interstate 64, this property sits in one of St. Louis’ most sought-after areas.

Property Overview:

Built in 1915 and meticulously maintained, this 3,240-square-foot brick building spans two floors, each measuring 1,620 square feet. The first floor is a commercial space currently leased as an office, with the tenant vacating in April 2025. The second floor is a spacious three-bedroom, two-bath residence with a variance allowing for commercial use, also occupied by the current tenant. The basement provides additional workspace, currently utilized by the same tenant.

Versatile Use Potential:

This property presents multiple opportunities:

  • Ideal for an owner-occupant seeking a live/work space.
  • Suitable for full commercial use.
  • The first-floor commercial space can continue as office space or be converted for retail use.

Parking & Additional Features:

A fenced parking lot at the rear of the building provides eight parking spaces. The building also features an attached enclosed porch on the second floor, adding functional space to the property.

Investment Potential:

  • The average rental income for three-bedroom, 1.5+ bath apartments within a two-mile radius is $2,737 per month. The estimated pro forma rent for the second-floor apartment is $2,200 per month.
  • The estimated pro forma rent for the commercial space is $2,265 per month, calculated at $16.78 per square foot.

Recent Updates & Improvements:

  • 2015: Laminate flooring installed on the first floor, tiling installed on the second floor.
  • 2016: The water heater and the east side gutter/downspout were both replaced.
  • 2017: New TPO roof (complete tear-off), new second-floor A/C unit, tuckpointing of parapets and roof-related brickwork, tuckpointing of the north and east walls, and exterior building painting.
  • 2018: Partial basement waterproofing with channels cut.
  • 2023: Interior painting of the first and second floors, new carpet installed on the second floor, and additional basement waterproofing and sealing.

A Virtual Tour of the Building is Available:

https://my.matterport.com/show/?m=rMptFBVh1mD&mls=1

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14-Unit Income Producing Apartment Complex

Built in 1960, this 14-unit apartment complex features recently updated 2-bedroom, 1-bathroom units across three buildings. With strong rental income and recent property upgrades including a new roof and parking lot, this investment offers immediate returns and future growth potential.

  • Property Details: Built in 1960, the property has a total of 11,536 square footage across three buildings on a 41,818 square foot lot.
  • Value-Add Potential: There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage.
  • Unit Details: All 2-bedroom, 1-bathroom units have been recently updated across three buildings.
  • Spacious Living: The total building square footage is 11,536, situated on a generous lot of 41,818 square feet or 0.96 acres.
  • Recent Upgrades: Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years.
  • Security Features: Safety is a priority, with onsite cameras located at the complex.
  • Basements & Laundry: The property includes seven basements, each basement is semi private, with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place).
  • Strong Rental Income: The current rents total $10,045/month, with potential for increases.
  • Comparable Sale: The nearby 2202 Hord recently sold for $60,000 per unit, with each unit rented at $605 per month. Hord had a gross income of $72,600, while Chambers currently generates $122,220 annually. Chambers benefits from more units, higher rents, and additional rental income potential.

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