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Well-maintained property close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, Cortex, restaurants, nightlife, and SLU campus. The building features thoughtfully designed updated units featuring modern kitchens with stainless steel appliances, updated bathrooms, hardwood floors, and stained glass windows. The HVAC, plumbing, and electric is updated, including exterior service. The interior entry has beautiful marble walls and tile floors. There is a decorative clay tile roof, along with a brick garage and with private fenced backyard. Situated in a rapidly developing neighborhood driving strong rental demand and steady income potential. Rents are $1,095, $1,195, and $1,295. Comparable units in the area lease for $1,500+ per month, providing the ability to raise rents significantly. The average rent for 49 two bed apartments within 1.5 miles is $1,565. The property generates over $3,500 in monthly income from 3 units, ideal for owner-occupants. $649,000 Active

4501 Wichita Avenue St Louis, Missouri

0.146 Acres

Located in the heart of The Grove, one of St. Louis’ most vibrant and desirable neighborhoods. Close to Barnes Hospital, Wash U Medical School, SLU Campus, The Botanical Gardens, Forest Park. Building recently underwent a complete renovation that included tasteful owner occupant grade finishes throughout including new updated kitchens with sleek quartz countertops, stylish islands, modern bathrooms with walk-in tiled showers, in unit laundry, beautifully finished hardwood floors, all new doors, lighting, hardware. The systems were updated throughout and the roof was replaced. Central HVAC systems provide year-round comfort. Private fenced-in backyard creates a secure and serene outdoor oasis. New 2 story porch was added on the back of the property, and there is a detached garage. 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. Ideal for owner occupant or investor. $599,000 Pending

4414 Swan Avenue St Louis, Missouri

0.106 Acres

Four family in the Southwest Garden neighborhood close to the Missouri Botanical Garden, Barnes Hospital, WashU Medical School, Forest Park, and Tower Grove Park. This 3,536 sq ft building has units has 3 units occupied with one unit vacant for a potential owner occupant. Building features central heating and cooling for all units, laundry hookups in the basement for each unit. Four true 1-bedroom each around 750 sq. ft. (not shotgun). There is potential to be converted from one bedroom units to two bedroom units by creating a wall with bedroom at the front of the apartment, an open kitchen with island with connected living area setup is possible by removing the wall between the kitchen and the living room. Potential to raise rents as is and with updates. 2 bedroom apartments in the area rent from $1,500-$2,225. Recent sales of 4 fams in Shaw range from $565-$800k. 6-year-old TPO roof, mostly vinyl windows. PVC stacks, drains & lateral under basement slab. Parking pad at the rear. $529,000 Active

4614 Shenandoah Avenue St Louis, Missouri

0.11 Acres

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. 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. Both lots are already divided, making them perfect for the construction of side-by-side townhomes. The lot at 4328 Gibson measures 19 feet wide by 126 feet deep, while 4330 Gibson measures 16 feet wide by 126 feet deep. 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. $119,000 Pending

4328 Gibson Avenue St Louis, Missouri

4,443 SqFt 0.102 Acres

Located in The Grove, one of St. Louis’ most vibrant and growing neighborhoods, this property offers a rare opportunity to capitalize on the area’s ongoing revitalization. Surrounded by popular bars, restaurants, nightlife, major hospitals, SLU, Forest Park, and with convenient highway access. There is 6,000 total sq. ft. (3,000 sq. ft. main level + finished basement) of commercial space available to lease. This is a versatile space renovated within the last five years and ready for immediate use. Potential uses include offices, an event venue, a restaurant, a church, retail, etc. The current tenant is month to month. The terms of the lease are negotiable, a lease purchase is also a possibility. There is a virtual tour and footprint of the building available. $5,000 Active

4400 Swan Avenue St Louis, Missouri

0.297 Acres

This property has a total of 11,536 sq. ft. across three buildings. 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. All 2-bedroom, 1-bathroom of the units have been recently updated. Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years. Safety is a priority, with onsite cameras located at the complex. The property includes seven basements with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place). The current rents total $8,965/month, with potential for increases. The nearby 2202 Hord, 63136 recently sold for $60,000 per unit, with each unit rented at $605/month. $890,000 Active

1209 Chambers Road Ferguson, Missouri

0.96 Acres

 

 

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