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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,408 sqft
Price per Sqft $31
Subdivision Tower Grove Heights Add
MLS Listing ID 26055951
Sold Date 10/08/26
Style Traditional
Year Built 1910
Annual Tax Amount $1,818
Lot Size 5,436 Sqft
Acres 0.1248
Property Sub-Type 2-4 Units
Property Description
Unlock the potential of this substantial all-brick 4-family property offering nearly 4,500 square feet of living space and four spacious 2-bedroom, 1-bath units, each measuring over 1,000 square feet. With projected rents of approximately $1,000–$1,400 per unit, this property presents an exciting opportunity for investors seeking strong cash-flow potential and significant value-add upside. This is a true blank canvas ready for renovation and repositioning. Each unit features a desirable floor plan with a large living room, separate dining area, sectioned-off bedrooms, and a generously sized eat-in kitchen. The upper-level units also offer balcony access, adding additional appeal for future tenants. The property includes a full divided basement providing valuable storage and utility space, along with a detached rear garage. Some PVC plumbing is already present, offering a starting point for the renovation process. Situated in a nice neighborhood with convenient access to shops, restaurants, parks, grocery stores, and everyday amenities, the location provides a solid foundation for a successful rental investment. Whether you're an experienced multifamily investor, rehabber, or looking for your next value-add project, this property offers the scale and layout to bring your vision to life. Restore this property to its former glory and capitalize on the rental income potential. Property is being sold strictly AS-IS. Complete renovation is required. Buyers are encouraged to perform their own due diligence regarding projected rents, renovation costs, zoning, permits, and property condition.
Location
State MO
County St Louis City
Area 2 - Central East
Rooms
Basement Full, Unfinished
Interior
Interior Features Shower
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Wood
Fireplaces Number 4
Fireplaces Type Decorative
Fireplace Y
Appliance None
Laundry In Basement
Exterior
Parking Features true
Garage Spaces 3.0
Fence Chain Link, Wood
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Roof Type Architectural Shingle
Private Pool false
Building
Lot Description Level
Story 2
Water Public
Level or Stories Two
Structure Type Brick Veneer
Schools
Elementary Schools Froebel Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Listing As Is
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Bought with Anthony Schreiber
NEARBY SCHOOLS & BUSINESSES
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