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1027 Caroline Dr, Washington
$10,500,000
26038016 MLS ⋅ ACTIVE UNDER CONTRACT Status
115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilized Strong unit mix - 80% of units are 2 beds Proven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upside Market rent spread of at least $137/unit/month across non-renovated units High growth submarket - Franklin County: 4% vacancy, 2.2% annual population growth Dual-asset structure: 89-unit flagship complex and 26-unit garden community Extremely supply-constrained submarket

1027 Caroline Dr, Washington
20 Arbor Village Ct, Ferguson
$7,200,000
26051474 MLS ⋅ ACTIVE Status
What an exceptional opportunity to acquire a 96-unit, five-building apartment complex with strong potential for an investor seeking to expand and build long-term wealth. This property offers a mixture of one and two-bedroom units and is strategically located near major transportation, employment, education, retail, and recreational amenities. Conveniently located just minutes from 1-70, North Hanley MetroLink, and St. Louis Lambert International Airport, providing easy access throughout the St. Louis metropolitan area. Nearby amenities include St. Louis Community College-Florissant Valley, Schnucks, Walgreens and other essential retail and services. Residents can also enjoy nearby January-Wabash Memorial Park, featuring a lake, walking trails, and outdoor recreational opportunities. This property represents a compelling opportunity to acquire an established multifamily asset in a strategic St. Louis County location. The property's scale, five-building configuration established residential community, and proximity to major transportation, retail, education, and recreational amenities create a strong foundation for long-term investment value and portfolio growth. An attractive acquisition for investors seeking a substantial multifamily asset with an established presence in the St. Louis market and the potential to generate lasting value through ownership.

20 Arbor Village Ct, Ferguson
9192 Vanity Fair Dr, Bel Ridge
$7,125,000
25078567 MLS ⋅ ACTIVE Status
Woodknoll Townhomes is a 150-unit apartment community located in St. Louis, Missouri. Built in 1971, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 2-bedroom and 3-bedroom units. Unit amenities include full basements with finished entertainment space and utility area with washer/dryer hookups, linen closets, updated flooring, and newer windows.

9192 Vanity Fair Dr, Bel Ridge
4318 Walker Ln, Normandy
$6,080,000
25068470 MLS ⋅ ACTIVE Status
76 units, fully renovated in 2015, with all roofs replaced in 2021. Currently 100% occupied. Monthly income is approximately $63,700 with an average rent of $838/unit. Mix of one and two-bedroom units with 53% two-bedrooms. Current rents are $43–$128 below market, providing immediate upside potential. The property is being offered free and clear of debt. The community offers gated parking, shared laundry in each building, and a well-maintained brick exterior. Located directly adjacent to the University of Missouri–St. Louis campus (14,000+ students, 1,000+ faculty), with quick access to I-70, MetroLink, Lambert International Airport, and major employers including Express Scripts.

4318 Walker Ln, Normandy
5522 Delmar Blvd, St Louis
$5,520,000
26065788 MLS ⋅ ACTIVE Status
The Tanjiers is a seven-story, 48-unit elevator building on Delmar Boulevard in DeBaliviere Place, offered at $115,000 per unit. Location is the headline: the WashU Delmar DivINe shuttle stops directly across Delmar, WashU's Danforth Campus and the WashU Medical Campus/Barnes-Jewish Hospital are each about 1.2 miles away, and Forest Park, the Forest Park-DeBaliviere MetroLink station and the Delmar Loop are all minutes from the front door. Units were renovated in 2019-2020 with LVP flooring, white shaker kitchens with subway-tile backsplashes and stainless appliances, tiled baths, central heating and cooling, and washer/dryer hookups in every unit. Common areas received capital improvements following the May 2025 storm, and a landscaped terrace frames the entrance. The mix of 20 studios, 21 one-bedrooms and 7 two-bedrooms is built for the steady renter demand around WashU and SLU. Per the October 7, 2026 rent roll, 45 of 48 units are leased or pending and every one sits below ownership's target rent, an $88,440 annual base-rent gap. With 41 of 45 leases ending by August 2027, including 16 in July, a new owner has a clear window to move rents toward target ahead of the 2027-28 school year. Annualized scheduled income against trailing-12 expenses indicates a 7.88% cap rate, with a 9.64% pro forma at target rents. Real estate tax abatement is reported through 2030. Buyer to verify all information.

5522 Delmar Blvd, St Louis
915 Olive St, St Louis
$5,250,000
26005305 MLS ⋅ ACTIVE Status
The Syndicate is a premier multifamily property in Downtown St. Louis. The sale includes 70 of the 172 units, across floors 4-8, and 19,152 square feet of ground level retail. Currently, 4,740 square feet of retail space is occupied by American Dental Partners of Missouri and Clarkson Eyecare. The remaining 14,412 square feet is vacant, providing new ownership potential for value-add through retail lease-up. Designed by Eames & Young and built in 1907, the property features a grand tower covered in ornate terra cotta ornaments. Converted in 2006, modern touches were added throughout the property, bringing new life to the building. The property was added to the National Registry of Historic Places in 2002.

915 Olive St, St Louis
7300 N Hanley Rd, Hazelwood
$5,000,000
25078652 MLS ⋅ ACTIVE Status
Morningside Condominiums is a 66-unit apartment community located in St. Louis, Missouri. Built in 1967, the Property offers an investor the rare opportunity to acquire a well-maintained stabilized asset with proven operating performance and tremendous upside potential. Most units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 1 bedroom, 1 bath and 2 bedroom, 1.5 bath apartment homes. Unit amenities include fully-equipped kitchens with double wall ovens, linen closets, newer windows, private patios, and full basements, each designed with finished entertainment space, and utility area with washer/dryer hookups.

7300 N Hanley Rd, Hazelwood
3600 Texas Ave, St Louis
$4,500,000
26009769 MLS ⋅ ACTIVE Status
The Lange (3600 Texas Ave.) and 3620 Texas Ave. is a two-property multifamily portfolio located in the historic neighborhood of Gravois Park in St. Louis, Missouri. The sale includes two contiguous properties totaling 27 units. 3600 Texas Ave. is a historic redevelopment containing 15 units, originally built in 1884 and completely renovated in 2018. 3620 Texas Ave. is a new construction property, built in 2022 and contains 12 units. Both properties are fully-renovated with thoughtfully designed finishes including updated kitchens with stainless steel appliances and quartz countertops. The properties enjoy a beautiful courtyard, controlled gated access, private outdoor terrace and off-street gated parking. Located on Texas Ave. between Cherokee Street and Chippewa Street, the Portfolio occupies a 0.64-acre site. The properties must be purchased together.

3600 Texas Ave, St Louis
2600 Tyrell Dr, Jennings
$4,100,000
26046458 MLS ⋅ ACTIVE Status
Sunnyland Apartments is a well-maintained 60-unit multifamily community offering a mix of 1- and 2-bedroom apartments and 3-bedroom townhomes. This stabilized asset presents significant value-add potential, with most units in classic or near-classic condition, providing opportunities for rent growth through unit renovations and market-rate adjustments. Conveniently located just 2.5 miles from I-70, 8 miles from Lambert-St. Louis International Airport, and 10 miles from Downtown St. Louis, the property offers residents easy access to major employment centers, transportation hubs, and area amenities. Excellent investment opportunity in the thriving St. Louis MSA.

2600 Tyrell Dr, Jennings
7201-05 Gravois Ave, St Louis
$4,000,000
26066598 MLS ⋅ ACTIVE Status
7201-05 Gravois Avenue presents a multifamily investment opportunity in South St. Louis' Princeton Heights neighborhood. The property consists of 1-bedroom, 1-bathroom apartment units and offers stable in-place cash flow supported by a strong occupancy history. Units feature updated interiors with stainless steel appliances, modern finishes, and in-unit laundry, while off-street parking enhances resident convenience and retention. Positioned along the highly visible Gravois Avenue corridor, the property benefits from excellent access to public transportation, neighborhood retail, dining, grocery, and everyday services. Residents enjoy convenient connectivity to Hampton Avenue, I-55, Downtown St. Louis, and major employment centers, as well as nearby recreational amenities including Willmore Park, Francis Park, and Carondelet Park. The property offers investors a well-located asset with the potential for continued rent growth and operational efficiencies, supported by strong rental demand and the diverse St. Louis regional economy.

7201-05 Gravois Ave, 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
5264 Old State Route 21, Imperial
$3,600,000
26063694 MLS ⋅ ACTIVE Status
Apartment complex with 4 Buildings - 6.25 Acres - 52 Units - 24, Two Bedroom Units - 28, 90% Occupancy Rate - One Bedroom Units - Two Bedroom Units easily rent for $825 / month - One Bedroom Units easily rent for $800 / month - Rents could be higher - On-Site Laundry facility - Multiple Large Storage Areas - 741' of Old State Route 21 Frontage - Desirable location, Easy highway access to Highway M and 21.

5264 Old State Route 21, Imperial
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
3725-41 Morganford Rd, St Louis
$3,400,000
26066809 MLS ⋅ ACTIVE Status
Morganford Plaza Apartments is a 40-unit, garden-style multifamily community located in the highly desirable Tower Grove South neighborhood of South St. Louis. Situated on approximately 1.02 acres across five buildings, this 29,600-square-foot property was originally constructed in 1965 and substantially renovated in 2016. Recent capital improvements include newer TPO roofing systems, updated HVAC components, electrical panel upgrades, and replacement copper plumbing stacks, providing investors with a well-maintained asset and reducing near-term capital expenditure needs. The Property offers a compelling value-add opportunity through continued interior unit renovations and strategic revenue growth initiatives while benefiting from established occupancy and strong underlying rental demand. Residents enjoy convenient access to Kingshighway Boulevard, Hampton Avenue, Chippewa Street, major transportation routes, employment centers, shopping, dining, and recreational amenities, including nearby Tower Grove Park. Morganford Plaza represents a rare opportunity to acquire a well-positioned South City multifamily asset with a proven operating history, significant recent capital investment, and long-term upside in one of St. Louis' most sought-after rental submarkets. Property is being offered free and clear of existing financing.

3725-41 Morganford Rd, 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
3801-11 Keokuk St, St Louis
$3,000,000
26039746 MLS ⋅ ACTIVE Status
There are 3 properties (50 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown – a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are: 3801-3811 Keokuk St. - 24 units 3858 Bamberger Ave. – 24 units 3763 Keokuk St. – 2 units Summary below: • Attractive unit mix – Studios, One-Bedroom, & Two-Bedroom floor plans. • Avg. in-place rents are significantly below market rate – offers immediate upside w/ rent increases. • Economies of Scale – owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses. • Asking Price of $3,300,000 ($66k per unit).

3801-11 Keokuk St, St Louis
6008 Southwest Ave, St Louis
$2,750,000
26048673 MLS ⋅ ACTIVE Status
Fully renovated 13-unit multifamily property in St. Louis' 63139 corridor, a few blocks from The Hill and near Forest Park, the Barnes hospital complex, local dining, with easy access to highway 40 and 44. The unit mix includes eleven 1 bed/1 bath apartments, one 2 bed/2 bath apartment, and one 2 bed/2.5 bath apartment. The property underwent an extensive gut renovation, including conversion of three former commercial spaces into residential units. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; renovated kitchens and bathrooms; refinished common areas and basements; new appliances and fixtures; redesigned layouts; and AT&T Fiber infrastructure to each residential unit. Stabilized cash flow with current annual income of $207,058, expenses of $39,980, and NOI of $167,078. Three off-street parking spaces. Can be purchased with 6201 Arsenal St, another fully renovated 13-unit building nearby.

6008 Southwest Ave, 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
221 William St., 225 William St., And 212 S. Lorimier, Cape Girardeau
$2,499,900
26067287 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in the heart of downtown Cape Girardeau! Perfectly situated just blocks from the Mississippi River, Main Street, and The River Campus, Lorimier Heights offers a diverse income-producing portfolio featuring 18 residential units across 3 properties, plus an additional vacant lot! Fully renovated and extensively remodeled, enjoy established rental income and multiple revenue streams. Detailed information available upon request. 212 S. Lorimier - 12 unit multifamily, 100% occupied, 2 bed/ 2baths apartments, dedicated laundry rooms, 9,360 total building square footage, outdoor living spaces including some patios and balconies, river views, dedicated parking spaces. 221 William St - 5 unit multifamily, 80% occupied, 1 bed/1 bath units, 2,456 total building square footage 225 William St - single family home, tenant occupied, 2 beds (possible 3rd) /1 bath, 1,175 sq ft above grade and unfinished basement

221 William St., 225 William St., And 212 S. Lorimier, Cape Girardeau
1449 S Vandeventer Ave, St Louis
$2,400,000
26028263 MLS ⋅ ACTIVE Status
A rare opportunity to acquire a multi-property portfolio in one of St. Louis's most dynamic and rapidly evolving neighborhoods — The Grove. Situated between Interstates I-44 and I-64 and along the highly anticipated Tower Grove Connector Route, this portfolio offers investors significant upside through value-add repositioning, renovation, or a combination of both strategies. 1433 S. Vandeventer — A 2-story mixed-use building totaling 6,400 SF on a 7,163 SF lot, currently at about a 40% occupancy with strong value-add potential. First floor commercial store fronts and second floor apartments. 1443 S. Vandeventer — A 2 building lot, mixed-use property with a duplex totaling approximately 6,400 SF of living space on a 5,952 SF lot. Currently totally vacant and partially renovated. Corner unit features a restaurant space, outdoor seating, built out kitchen, bar, and unfinished basement. 1435R S. Vandeventer — A 4,199 SF recently overlayed parking lot — a low-maintenance income or amenity parcel. 1322/1324 S. Boyle — A 2-story, partially renovated 4-family building at 50% occupancy with 3,384 SF on a 4,148 SF lot plus parking. Renovations are in progress.

1449 S Vandeventer Ave, St Louis
6201 Arsenal St, St Louis
$2,275,000
26048678 MLS ⋅ ACTIVE Status
6201 Arsenal Street is a fully renovated 13-unit multi family property in St. Louis' 63139 corridor, located near the The Hill, The Clayton Central Business District, Forest Park, The Botanical Gardens, with easy access to highway 40 and 44. The property consists of twelve one-bedroom/one-bath apartments and one larger one-bedroom/one-and-one-half-bath residence. Originally developed with mixed-use space, the property was comprehensively renovated and three former commercial spaces were converted into apartments. Improvements include new electrical, plumbing, sewer, HVAC, windows and roof; rebuilt rear decks; tuckpointing; refinished common areas and basements; renovated kitchens and bathrooms; new appliances and fixtures; modernized layouts; and AT&T Fiber infrastructure to every unit. Current base rent is $15,855 per month. All one-bedroom/one-bath apartments renting below $1,250 can be raised to the in place rent for similar apartments at $1,250, producing pro forma base rent of $17,015 per month, creating a measurable path to NOI growth. This property can be purchased with 6008 Southwest Ave. 63139, which was also fully renovated, located a few blocks from the property.

6201 Arsenal 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
233 Northport Hills Dr, Florissant
$2,100,000
25078645 MLS ⋅ ACTIVE Status
Seven Hills Forest Townhomes is a 26-unit condominium community located in Florissant, Missouri. Built in 1984, the Property offers an investor the rare opportunity to acquire a stabilized asset with proven operating performance and tremendous upside potential. Most of the units are in classic or near classic condition, allowing new ownership the opportunity to push rents through further continued unit upgrades or increasing in-place rents to market rate. The Property features a mix of 2 and 3 bedroom condominium homes with 2.5 baths. Unit amenities include three floors of living space with 2,400 square feet, fireplaces in most units, full basements with finished entertainment space and utility area with washer/dryer hookups, large closets with extra storage space, and dedicated surface and covered parking.

233 Northport Hills Dr, Florissant
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
2120 Switzer Ave, Jennings
$1,995,000
26056177 MLS ⋅ ACTIVE UNDER CONTRACT Status
This is a newer senior building, built in 2011 that was developed using Low Income Housing Tax Credits. There are some rental restrictions still in place. The new owner and manager must be approved by MHDC. There was a flood from a broken pipe a couple of years ago, so 24% of the units have been redone since then. There is a full sized refrigerator and stove and dishwashers and microwaves in each apartments. Each apartment has a walk in shower. There is a community room and an outside patio. 37 parking spaces. There are washer/dryer hookups in each unit plus a laundry room on each floor.

2120 Switzer Ave, Jennings
5024 Christy Blvd, St Louis
$1,950,000
26021171 MLS ⋅ ACTIVE Status
This classic 1920's English Tudor all brick apartment building houses 30 individual units and is an exceptional investment opportunity right in the heart of South City's Bevo Mill neighborhood! Inside, the property retains its historic soul featuring original hardwood flooring and beautiful woodwork throughout most units providing character that renters are looking for in their new home. This building located at the corner of Christy Blvd. and Wilcox Ave. has incredible walkability to local dining and shopping. Right across the street from the beautiful Christy Park.

5024 Christy Blvd, St Louis
5772 W Florissant Ave, St Louis
$1,925,000
26065580 MLS ⋅ ACTIVE Status
Great opportunity in North St. Louis, just across the street from historic Bellefontaine Cemetery and Arboretum, with quick access to I-70 and Downtown St. Louis. The property consists of three two-story red-brick apartment buildings on adjacent parcels along W Florissant Ave. 5772, 5780, and 5784. Each building has a glass-door entry vestibule and interior stairs serving the upper floor. Units are typically about 580 SF. Renovations completed since 2023 include new windows, remodeled kitchens and baths, refinished hardwood floors, redone entries and updated common stairs and mailboxes. New storage enclosures have also been built in the basements. With only 3 vacancies across 29 units, this package of properties is just waiting for its new owner!

5772 W Florissant Ave, St Louis
1265 Moorlands Dr, Richmond Heights
$1,895,000
26068527 MLS ⋅ ACTIVE Status
1265–1269 Moorlands Drive, a 17-unit multifamily investment opportunity located in the highly desirable Richmond Heights submarket of St. Louis County. Ideally positioned just minutes from Downtown Clayton, Washington University, Forest Park, and premier shopping and dining destinations, the property offers investors an attractive opportunity in a strong rental market. Buildings of this size in this area are extremely rare! The property features a mix of apartment layouts, including a two-bedroom, one-bathroom basement unit, along with six garages plus storage units that provide an additional income stream. With its desirable location, multiple sources of income, and potential for rental growth, 1265–1269 Moorlands presents an excellent opportunity for investors seeking long-term appreciation and increased cash flow. **Unit 69F – 2 Bed / 1 Bath: Requires renovations and updates to meet occupancy inspection requirements.

1265 Moorlands Dr, Richmond Heights
3717 Westminster Place, St Louis
$1,895,000
26066527 MLS ⋅ ACTIVE Status
3717 Westminster Place presents an opportunity to acquire a 17unit multifamily property offering strong in-place cash flow with additional upside in one of St. Louis’ most active urban corridors. The property is being offered at a 7.16% in-place cap rate with an 8.36% proforma cap rate, providing investors attractive current returns with the opportunity to further grow NOI. The property was fully redeveloped in 2008 and then underwent further updates in 2022/2023. Ideally positioned just minutes from Saint Louis University and City Foundry STL, the property benefits from proximity to some of the city’s largest education, employment, medical, dining, and entertainment destinations. Nearby anchors include Cortex Innovation Community, Washington University Medical Campus, Barnes-Jewish Hospital, and the Armory. With 17 units, strong in-place returns, additional rental upside, and a location near SLU and City Foundry, 3717 Westminster Place offers investors an opportunity to acquire meaningful scale in a well-established St. Louis rental corridor.

3717 Westminster Place, St Louis

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