Maplewood Apartment Complex | 10 Units | 2106 Bellevue Avenue, St. Louis, MO 63143
Manor Real Estate is pleased to present the Maplewood Apartment Complex, a rare 10-unit multifamily value-add investment at 2106 Bellevue Avenue in Maplewood, Missouri. Offered at $1,100,000 ($110,000 per unit), the property gives investors a well-maintained masonry building in one of St. Louis County's most desirable inner-ring communities, with a clear opportunity to grow income.
Built in 1966, the two-story building contains approximately 7,437 square feet on a 7,841-square-foot parcel with 55 feet of frontage on Bellevue Avenue. Every unit is a one-bedroom, one-bath apartment, a consistently in-demand floor plan with broad renter appeal and efficient turnover. The property is zoned LR - Limited Residential District and is currently 60% occupied.
The building previously operated under a HUD Section 8 contract, which expired on July 31, 2026. With the contract behind it, a new owner can lease the remaining vacancies, reposition the units, and bring rents in line with the surrounding Maplewood market ($1,000 - $1,200/month for comparable units directly across the street). The property suits a value-add investor looking to stabilize and grow cash flow.
Much of the major capital work is already done. A new roof and gutters were installed in 2022, and a drain tile system with sump pump was added in 2021. That addresses two of the most significant concerns for an older masonry building. The building is all-electric, which streamlines building systems and maintenance. A six-car parking lot at the rear is an uncommon amenity for a property of this size in Maplewood, and building signage adds visibility.
Maplewood is known for its established, walkable residential neighborhoods and a thriving business district along Manchester Road, lined with local restaurants, shops, and entertainment. Residents enjoy quick access to I-44 and I-64, with Brentwood, Clayton, and Downtown St. Louis just minutes away. That location drives steady rental demand.
Properties of this size rarely come to market in Maplewood.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
10/27/2026
|
|
TRACT
|
Bellevue Place
|
YEAR BUILT
|
1966
|
|
COMMUNITY
|
3 - South City
|
COUNTY
|
St. Louis
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Mrh Early Childhood Center |
| Jr. High School |
Mrh Middle |
| High School |
Maplewood-Richmond Hgts. High |
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| AREA |
3 - South City |
| CONSTRUCTION |
Other |
| LOT |
7841 sq ft |
| STORIES |
2 |
| STYLE |
Other |
| SUBDIVISION |
Bellevue Place |
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