4,692 SqFt
4,692 SqFt
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,692 sqft
Price per Sqft $115
Subdivision Cabanne Walkers Add
MLS Listing ID 26029112
Style Historic
Year Built 1906
Annual Tax Amount $5,713
Lot Size 9,108 Sqft
Acres 0.2091
Property Sub-Type 2-4 Units
Property Description
5-unit property generating $4,225/mo ($50,700/yr) with 4 leases expiring late 2026–early 2027. Pro forma rents of $950–$1,050/unit support $57K–$63K gross income (12%–24% upside).
2025 NOI: $18,758 (includes $11,475 one-time HVAC expense). 2026 YTD NOI: $20,261. Professionally managed, low maintenance. Rent roll and financials available.
Stabilized, all units are nicely updated, fully occupied asset with immediate cash flow and defined rental upside through scheduled lease expirations. Current operations support strong occupancy stability, with measurable income growth available through market rent adjustments.
Location
State MO
County St Louis City
Area 2 - Central East
Rooms
Basement Dirt Floor, Exterior Entry, Storage Space, Unfinished
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Dining/Living Room Combo, High Ceilings, High Speed Internet
Heating Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood
Fireplace Y
Appliance Dishwasher, Disposal, Free-Standing Electric Oven
Laundry In Basement
Exterior
Exterior Feature Entry Steps/Stairs, Lighting
Parking Features false
Fence None
View Y/N No
Roof Type Flat,Membrane
Private Pool false
Building
Lot Description Near Public Transit
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Adams Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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