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This exceptional investment opportunity offers both immediate cash flow and long-term value. Featuring a brand-new roof, the property eliminates one of the largest potential capital expenditures, giving investors peace of mind from day one. The property includes a spacious 3-bedroom, 3-bathroom unit, along with two additional 2-bedroom units, creating a highly desirable unit mix that appeals to a wide range of tenants. This rare configuration in South City supports strong occupancy, long-term tenancy, and consistent rental income. With nearly 4,500 square feet, the property boasts an incredibly low price per square foot"”creating a substantial equity cushion compared to replacement cost. Investors will appreciate the scale, efficiency, and upside potential this asset provides. Delivering an impressive 14.5% cap rate, this is a true high-performing asset with tremendous cash flow, ideal for investors looking to grow and scale their portfolio quickly. Don't miss this rare opportunity to secure a high-yield property in a strong rental market!
| DAYS ON MARKET | 1 | LAST UPDATED | 4/1/2026 |
|---|---|---|---|
| TRACT | Ameiss Sub | YEAR BUILT | 1922 |
| COMMUNITY | 3 - South City | COUNTY | St Louis City |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Meramec Elem. |
|---|---|
| Jr. High School | Fanning Middle Community Ed. |
| High School | Roosevelt High |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 3 - South City |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| LOT | 5689 sq ft |
| STYLE | Apartment Style, Other |
| SUBDIVISION | Ameiss Sub |
| TAXES | 1546 |
| UTILITIES | Electricity Connected, Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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