High-Value Add Potential
Located in the heart of South St. Louis City, this property presents a rare investment opportunity.

Major Renovations Completed
Most of the heavy lifting is done—investors can add the finishing touches to maximize value.

Rare & Spacious Units
Large 3-bed, 2-bath townhome-style units are in high demand, commanding top market rents.

Built-In Equity & Strong Cash Flow
Priced competitively, offering investors the potential for immediate equity and significant monthly returns.

Strong Sales Comps
Similar townhome units are pending sale at $379,000, while smaller 2-bed, 1-bath duplexes have sold for up to $320,000.

Prime Location
Centrally located near major roads, public transit, shopping, dining, and just 10 minutes from downtown St. Louis—making tenant demand high.

High Rental Potential
Rental projections of up to $1,600/month per unit ensure a low-maintenance, high-yield investment for years to come.

Property Features:

• Well-maintained property with significant rental upside and steady income potential.
• Updated kitchens and bathrooms, electrical, and plumbing, beautiful hardwood floors, stained glass windows.
• Fenced backyard with brick garage and secure parking.
• Recently updated central HVAC systems.

Prime Location in The Grove:

• Rare and highly desirable opportunity in one of St. Louis’ most dynamic neighborhoods.
• Close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, The Cortex, restaurants, nightlife, major hospitals, and SLU campus.
• The Grove is a very desirable neighborhood to live in for the medical community, students, and professionals driving strong rental demand.

Rental Income Potential:

• Current rental rates: $1,095, $1,195, and $1,295 per month.
• Comparable units in the area lease for $1,400+ per month, leaving room for rental growth.
• 3 of the 4 generates over $3,500 in monthly income, an ideal for owner-occupants looking to house-hack.

Tenant Appeal:

• Thoughtfully designed 2-bedroom, 1-bathroom layouts with modern finishes.
• Low tenant turnover, thanks to the property’s charm and excellent location.
• Private backyard provides space for tenants to congregate and have an enclosed place for a pet.

Virtual Tours:

• 4501 Wichita – 1E: https://my.matterport.com/show/?m=EVFjh9eQJ1W&mls=1

This well-maintained apartment complex, built in 1989, features 10 buildings, including six four-family buildings, one triplex, and three duplexes. The property offers a total of 33 units, consisting of three 4-bedroom units, 24 3-bedroom units, and six 2-bedroom units. Each unit is all-electric with central air, thermal windows, and newer roofs.

Conveniently located near Highway 44 in a quiet cul-de-sac, the complex provides a peaceful living environment. Tenants are responsible for their own electric, water, and sewer utilities.

14-unit building featuring 10 two-bedroom units and 4 one-bedroom units.

This property is an excellent income-generating investment opportunity. Located within the Festus city limits, it is conveniently within walking distance of a school and a daycare next door.

The building includes coin-operated washers and dryers, private storage units for each tenant in the basement, and an office with a bathroom for added functionality.

This turnkey property features two buildings with a total of 24 units, located in a peaceful rural setting. The complex includes 12 one-bedroom units and 12 two-bedroom units, all equipped with central air and thermal windows. Residents enjoy the convenience of on-site coin-operated laundry, public sewer, and 36 parking spaces. The property fosters a strong sense of community with its playground, picnic area, and outdoor bonfire space. The roof and siding, both well-maintained, were updated 15 years ago.

Sought-After Soulard Opportunity:

Two renovated duplexes in St. Louis’ vibrant Soulard neighborhood, surrounded by bars, restaurants, the iconic Soulard Farmers Market, and the renowned Mardi Gras parade. Steps from Goshen Coffee (best in Soulard!), Chavas, and more.

Modernized Units in Historic Charm:

These brick buildings feature renovated units with all new interiors; new stainless steel appliances, new flooring, new in-unit laundry, new cabinets, new countertops, and so on. Three of the four units span two floors, offering flexible and unique layouts. Unit sizes range from 760 to 1,235 square feet, including two 1-bed 1-bath units, one 2-bed 1-bath unit, and one 2-bed, 2-bath unit. All units finished to the same standard with same fixtures, amenities, etc. Extensive exterior work completed as well, including roof, new deck, landscaping, painting, gutters, and more. Both on-street and off-street parking are available, with one unit showcasing a large deck overlooking a large fenced backyard and parking area large enough for ~six cars.

Rental Income & Development Potential:

Two units are currently vacant, one in each duplex. Remaining larger units will be left available for potential owner occupants.  Market rents range from $1,145 for the smallest and $1,795 (conservatively) for the largest with a projected income of $6,030/month or $74,160/year once fully rented.  Leases are on a great Summer cycle – they end on June 30th, 2024.  Additionally, the large lot leaves the possibility of an over garage unit(s) development at the rear/alley of the property.

A Virtual Tour is Available for All Units:

• Unit 1004 — https://bit.ly/1004_Geyer
• Unit 1004A — https://bit.ly/1004A_Geyer
• Unit 1006 — https://bit.ly/1006_Geyer
• Unit 1006A — https://bit.ly/1006A_Geyer