The #1 St. Louis Real Estate Search Tool

Multi Family Real Estate in St. Louis

Investment Properties in St. Louis

1034 S Kingshighway Blvd, St Louis
$3,950,000
26035349 MLS ⋅ ACTIVE Status
Rising prominently along South Kingshighway Boulevard, just moments from Forest Park, Central West End, and the Grove, this extraordinary early-1900s church has undergone a remarkable transformation into one of St. Louis’ most distinctive and inspiring properties. Once abandoned and forgotten, the building has been meticulously restored and reimagined by internationally recognized artist Nabil Mousa, creating a rare fusion of historic architecture, contemporary design, and limitless possibility. Rich in character and impossible to duplicate, the property offers an experience unlike anything else currently available on the market. At its heart is a breathtaking sanctuary crowned by soaring 25-foot ceilings, dramatic arched windows, preserved architectural details, and vibrant designer chandeliers. The expansive space evokes both grandeur and intimacy, providing an unforgettable setting for living, entertaining, creating, gathering, or showcasing a collection. Throughout the property, historic craftsmanship has been preserved while bold modern interventions create a dialogue between past and present. Custom iron and glass elements, hardwood flooring, refined finishes, dramatic lighting, and thoughtfully curated spaces transform the building into a true architectural statement. The residence includes a gourmet kitchen anchored by a stunning 20-foot island, multiple living areas, lounges, a library, loft spaces, and private guest retreats. Below, approximately 7,000 square feet of additional space offers exceptional flexibility for galleries, studios, offices, wellness facilities, creative enterprises, hospitality concepts, private collections, or future expansion. Outside, nearly 3,000 square feet of secluded courtyard space extends the experience beyond the walls of the building. Enclosed by a custom 9-foot ornamental iron fence, the grounds are being completed with elevated decking, lounge areas, spa accommodations, and two shipping-container structures that present endless possibilities for a future outdoor kitchen, bar, guest suite, studio, or creative workspace. Significant infrastructure improvements—including a new roof, structural restoration, eight HVAC systems, three-phase electrical service, new windows, flooring, plumbing, and extensive stone restoration—provide the confidence of modern systems within a building of historic significance. Whether envisioned as an extraordinary private residence, iconic live-work environment, creative campus, wellness retreat, boutique hospitality concept, event destination, medical or professional headquarters, or investment opportunity, this property offers something increasingly rare: a place with soul, history, and the ability to become whatever its next steward dares to imagine. This is more than real estate. It is a landmark. A conversation piece. A living work of art. And perhaps the most extraordinary adaptive reuse opportunity available in St. Louis today.

1034 S Kingshighway Blvd, St Louis

3530 Utah, St Louis
$3,595,000
26004323 MLS ⋅ ACTIVE Status
The La Maison apartments, located at 3530 Utah Street, the property presents a unique investment in a meticulously restored historic schoolhouse in Tower Grove East. This boutique-style building features a variety of floor plans, including studio, one-bedroom, and two-bedroom units, many of which offer high-demand loft-style layouts. Each apartment is finished with premium finishes, including quartz countertops, custom cabinetry, stainless steel appliances, and original hardwood flooring. The architectural integrity of the building is preserved through soaring ceilings and oversized windows that provide significant natural light. Historic details, such as original built-in bookshelves and vintage chalkboards in select units, offer a distinct character that differentiates this property from standard modern developments. La Maison presents immediate upside through rent growth and operational efficiencies. The current in-place average rents trail market by ~$275/unit/month, allowing a clear path to increasing cash flow through unit turnover and improved management. Comparable renovated units in the area support the proforma rent assumptions. Situated near Tower Grove Park, South Grand Retail, SLU Medical and close to Downtown St. Louis, La Maison has significant upside with strong rental demand. La Maison provides an opportunity to acquire a well located asset with income, growth and long term appreciation potential.

3530 Utah, St Louis

814 N 19th St, St Louis
$3,400,000
26050885 MLS ⋅ ACTIVE Status
The Franklin School Apartments, a 75-unit, four-story, 77,127 SF historic conversion — originally built in 1909 as a school designed by prominent architect William Ittner and fully redeveloped in 2006 through a Historic Tax Credit renovation executed by HBD Construction, including all-new plumbing, electrical, HVAC, windows, and much more. The property leased to full occupancy within four months of that delivery, and nearly two decades later its core building systems remain sound, giving a buyer a renovation plan focused on cosmetic updates and lease-up rather than deferred infrastructure risk. At 66.7% occupancy with a predominantly month-to-month rent roll, the 25 vacant units here allow for a new owner to begin renovating and leasing immediately. Average in-place rents of $618/unit sit $232 below the $850/unit market average across 74 one-bedroom units and one studio, putting substantial upside within reach on nearly the entire building. Historic Tax Credit eligibility at the state and federal level further offsets renovation capital, and two attached grass lots add optionality for future parking or amenity development. Franklin School Apartments sits in Downtown West, less than one mile from the new NGA West headquarters — the $1.7 billion National Geospatial-Intelligence Agency campus and the largest federal investment in St. Louis history, bringing approximately 3,150 employees directly into the submarket. Just to the south, the new MLS Stadium (Energizer Park) was recently completed for $457 million and is a huge attraction and development catalyst for the neighborhood. A structurally sound, systems-renovated historic asset at $45,333/unit, a $232/month rent delta with an immediate lease-up runway, tax credit upside, and a location benefiting from the largest federal investment St. Louis has ever seen — Franklin School Apartments delivers outsized value-add potential with minimal execution risk.

814 N 19th St, St Louis

1808 S 9th St, St Louis
$2,500,000
26032465 MLS ⋅ ACTIVE Status
9th Street Abbey is one of the premiere wedding and event facilities in St. Louis. Located in the heart of Historic Soulard, the Abbey was built in the 1850s as a church and schoolhouse. The property enables great flexibility in creativity as a rental space. The former church building can house up to 250 guests, with the former altar area now a stage. The dual commercial catering kitchen can easily accommodate catering events or restaurant meals. The spectacular garden area has an ivy-covered pergola, outside bar and patio for hosting unforgettable parties or events. Wedding events often take full use of the inside space for the ceremony, followed by cocktails in the garden and finally a seated dinner back inside. Two incredible short-term rental units are also in the building - or possibly used as a private residence for owner/operator. The Schoolhouse at 9th Street Abbey sleeps 14 guests – 4 bedrooms, 7 beds and 2 baths. The Rectory at 9th Street Abbey can accommodate 16+ guests - 5 bedrooms, 9 beds and 2.5 baths. Both units are popular rentals on their own, but are often combined by so the entire property is used for a magical event weekend. This very well maintained building has some newer A/C units, walk in freezers and coolers. A new roof on the church was done this year. All AirBnB furnishings, and most event space tables, chairs and other equipment included in the sale. Don’t miss this amazing opportunity. 1804 S 9th Street (Rectory) also included in sale. Parcel 0383-9-184.000

1808 S 9th St, St Louis

2315 Tennessee Ave, St Louis
$2,250,000
26056328 MLS ⋅ ACTIVE Status
One-of-a-kind investment opportunity! Own an entire 5-unit boutique townhome complex totaling nearly 12,000 SF in a historic former horse stable/carriage house serving the nearby Compton Heights mansions. Redeveloped in 2014 using state and federal historic tax credits, the property blends irreplaceable historic character—including original beams and soaring ceilings—with modern construction, systems, kitchens, baths, wood floors, windows, appliances and fixtures. Each of the five townhomes offers a unique floor plan and personality, ranging from 2,098 to 2,748 SF, with 2-3 bedrooms, 2.5 baths, and dramatic loft-like living spaces. Two end units offer an abundance of windows, while several units feature open lofts, dens and/or clerestory windows. Unit E is the largest and most traditionally finished, offering 2,748 SF, 3 large bedrooms, 2.5 baths and granite countertops. Significant income upside! Two units are currently being used by the owner. The remaining units include one long-term rental, one short-term rental and one recently vacated unit, providing immediate flexibility and the opportunity for an investor to implement and optimize their preferred rental strategy. Recently created condominium documents for the Compton Heights Stables Condominium Association further expand the potential ownership and future disposition strategies available to an investor. Gated entry, 10 covered parking spaces (2 per unit), great common space and a private interior setting with all units facing the parking/common area rather than the street. Extensive solar panels on both the roof and carport add to the property's environmentally conscious approach. An exceptionally rare opportunity to acquire a distinctive, income-producing asset with historic character, modern amenities, flexibility and tremendous potential to increase returns. Situated a few blocks from Tower Grove Park and the Botanical Gardens, and conveniently located within walking distance to many of the Tower Grove, Shaw, Fox Park and South Grand restaurants & shops.

2315 Tennessee Ave, St Louis

245 Chambers Rd, Riverview
$2,000,000
26045194 MLS ⋅ ACTIVE Status
Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.

245 Chambers Rd, Riverview

8404 Halls Ferry Rd, St Louis
$1,999,000
26052146 MLS ⋅ ACTIVE Status
Sandalwood Apartments is a 41-unit, garden-style multifamily community at 8404 Halls Ferry Road in the established Baden neighborhood of north St. Louis City. Built in 1964, the asset comprises five brick buildings on a 1.316-acre site with 25 surface parking spaces, offering an all one-bedroom/one-bathroom unit mix that appeals to the area’s steady renter base. Occupancy recovery – The offering represents a compelling occupancy-recovery story. Following a January 2025 fire and a substantial redevelopment of the affected units, the property has returned to stabilized performance: the June 2026 tenant roster documents 40 of 41 units leased – 97.6% occupancy – at in-place rents of $700 to $750 per month. That recovery reverses the 2022-2024 downtrend and re-establishes durable in-place cash flow, with in-place rents sitting at or slightly above the Baden submarket asking benchmark. At the proposed list price of $1,999,000, or $47,595 per unit, Sandalwood delivers an 10.95% in-place cap rate on a stabilized net operating income of $218,952.40 and a gross rent multiplier of 5.72x. The per-unit basis sits within the confirmed non-distressed comparable range of $30,952 to $66,500 in the submarket – below the recent high – and is supported by the property’s restored occupancy and demonstrated cash flow rather than a speculative turnaround. The Baden location offers strong fundamentals: frontage on Halls Ferry Road carries 18,787 vehicles per day on a primary north St. Louis City corridor, with roughly 15 minutes to Lambert International Airport and convenient access to regional commuter rail. Zoning is F – Neighborhood Commercial. Sandalwood is well-positioned for stabilized-income buyers, portfolio acquirers, and 1031 exchange investors seeking cash-flowing multifamily in the St. Louis market. The property is offered on an all-cash, 1031 exchange, or portfolio basis, providing acquisition flexibility across a range of buyer profiles. *Seller Financing NOT available*

8404 Halls Ferry Rd, St Louis

4 Bruce Dr, Florissant
$1,700,000
26013512 MLS ⋅ ACTIVE Status
This offering presents a 32-unit multifamily investment opportunity in Florissant, Missouri, consisting of four eight-family buildings located at 4–16 Bruce Drive. Built in the 1960s, the property features one-bedroom units and is part of a larger seven-building apartment community that has undergone extensive renovations between 2023 and 2026 totaling more than $1.6 million in capital improvements. Updates include electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 93% occupied, with rents positioned below market levels, creating a clear value-add opportunity as leases renew and units stabilize. Select units have been intentionally left vacant to accommodate showings. Market data indicates average rents of approximately $942 for comparable one-bedroom units within a three-mile radius. Additional property features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in each building, with the potential to add shared laundry facilities for additional income. The property is conveniently located minutes from Lambert International Airport and major employers such as Boeing and Amazon, with nearby land planned for future city park development. The property has a shared maintenance agreement with the 3 four families in the cul de sac, with control of the budget and vendors. It covers exterior common areas, landscaping, lawn care, snow removal, parking, and shared electric. Costs are split by unit count, with the 32 units responsible for 72.73% of shared costs across the 44 total units.

4 Bruce Dr, Florissant

1585-1599 Belleau Creek Rd Unit 1585,1589,1595,1599, O'Fallon
$1,567,600
26060801 MLS ⋅ ACTIVE Status
New Price! RARE MULTI-FAMILY INVESTMENT OPPORTUNITY! 4 brand new-construction luxury villa units sitting on 2 private acres. Discover an exceptional opportunity to own an exclusive 4 unit luxury villa community in the heart of O'Fallon. Ideally situated directly across from Ft Zumwalt S. High School, designed with privacy, quality and modern living in mind. This unique property offers the potential for strong rental income, multi-generational living or an extraordinary private family compound. The property consists of four beautifully appointed villa residences, each offering approximately 1809 sq. ft. of finished living space and it’s own 1/2 acre parcels. Collectively, the property offers approximately 2 acres w/ wooded privacy and individual outdoor spaces, an uncommon feature for multifamily investment in this location. Each residence features an open, sophisticated floor plan with three bedrooms and two baths, a spacious vaulted great room, luxury vinyl plank flooring, abundant natural light and upgraded finishes throughout. The designer kitchen includes custom cabinetry, elegant quartz countertops, tile backsplash, oversize island with Blanco sink/breakfast bar, coffee bar with glass front cabinetry. Stainless steel appliances, gas range, microwave, dishwasher and huge convenient storage pantry. The Private primary suite provides a true retreat with vaulted ceiling, double bay, primary bath w/adult-height double-sink vanities, easy entrance low step frameless glass door shower w/ onyx walls, shower seat, and convenient bath closet, and a generous primary walk-in closet. Two additional bedrooms share a beautifully finished hall bath. Each villa offers seamless indoor/outdoor living with a large patio, expansive rear yard and private wooded backdrop. Perimeter fencing behind the villas creates and defines private outdoor areas, while the deep woods provide a rare sense of space, scenic trees, privacy and nature. Additional features include upgraded lighting, recessed lighting, under-cabinet lighting, oversized garage space, and extra parking or an extended driveway in front of each unit, which makes it easier to come and go. Irrigation systems in front and back. From an investment standpoint, these new, individually designed residences offer an attractive opportunity to establish a high-quality multifamily rental profile in a desirable O'Fallon location. Based on the size, finishes, privacy and new construction quality, rents in the upper $2000s per unit may be worth evaluating, subject to market verification at approximately $2500 to $3000 per unit monthly, comparing other properties near by without basements. Whether your strategy is long-term rental investment, multigenerational living and extended family compound, or holding a unique 4 unit property in a growing Saint Charles County market, this offering provides flexibility rarely found in conventional multifamily properties. Where else can you get a new construction investment without building it yourself, if you can find the land, and build it w/o costing you more today! Must see!

1585-1599 Belleau Creek Rd Unit 1585,1589,1595,1599, O'Fallon

400 S Mcarthur, Salem
$1,200,000
26015177 MLS ⋅ ACTIVE Status
Turnkey Investment Opportunity – 4 Duplexes (8 Units) in Prime Salem Location Excellent opportunity to own four duplexes totaling eight 1,100 sq ft units, each offering 2 bedrooms, 2 bathrooms, and a 1-car garage. Ideally located in the heart of Salem on a high-traffic road, this property combines strong visibility with consistent demand. Four units have road frontage on S. McArthur Street, and four units have road frontage on S. Henderson Street, all sharing a common entrance off Dent Street, providing excellent access and circulation. Currently, four units are occupied by long-term tenants, while the remaining four units operate as successful short-term rentals with Super-host status on Airbnb. These short-term rentals enjoy strong, repeat annual occupancy from Road Rally participants and spectators, as well as fishermen, hunters, hikers, kayakers, and river adventurers. The property is also frequently utilized by contractors working with nearby mines and other large employers, further strengthening year-round demand. All units are equipped with refrigerators, stove, dishwasher, microwave with exhaust fan, and washer/dryer hookups in the laundry room. The Airbnb units are fully furnished, include washers and dryers, and are networked for wireless internet, allowing for seamless short-term rental operations. The location is exceptional—close to shopping, dining, and everyday necessities. The S. McArthur Street units provide front-row views of Salem’s holiday parades, creating added appeal for short-term guests. This central location makes the property ideal for Airbnb/VRBO guests and long-term tenants alike. Low-maintenance and income-producing, this property is a rare opportunity to own a diversified, turnkey investment in a high-demand area.

400 S Mcarthur, Salem

575 Southwest St, Van Buren
$1,159,000
26026254 MLS ⋅ ACTIVE Status
Rental Investment and Development Opportunity in Van Buren, Missouri - Strategically positioned in the heart of the Ozark National Scenic Riverways, this premium multi-unit complex at 575 Southwest Street offers an unrivaled turnkey investment opportunity in the Van Buren- area tourism market. The property features a total of six well-maintained structures, including two high-efficiency duplexes and four charming standalone cabins, providing a versatile mix of eight total living units to accommodate diverse guest needs. Every unit conveys fully furnished with a "rustic-luxury" aesthetic and comes equipped with a full suite of appliances, including in-unit washer and dryer combos, ensuring a seamless "Day One" operation for the next owner. While the current business is high-performing and meticulously maintained, the property offers incredible upside; currently, only half of the 2.66-acre unrestricted tract is developed, leaving ample room for the future construction of additional cabins, a central lodge, or even premium RV pads. Guests enjoy a curated outdoor experience anchored by a large community fire pit and individual grilling stations, all while being located just minutes from the crystal-clear Current River, Big Spring National Park, and the shops and dining of historic Van Buren. Whether you are looking for a high-yield short-term rental business, a corporate retreat, or a multi-family compound with significant room to grow, this property provides a rare, expandable foundation in one of The Ozark’s most iconic recreational corridor.

575 Southwest St, Van Buren

Start Your Search

Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


How much is your home worth?

Get instant property value now!