Multifamily Residential Investments

1410 N Clark St, Mexico

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

$315,000

26055925 MLS ⋅ ACTIVE Status

Welcome to 4234 Dewey Ave located in the Dutchtown neighborhood. Great opportunity for savvy investors looking to expand their South City portfolio! This classic 1925 all-brick 4-family building offers immense upside potential. The property features expansive 1-bedroom, 1-bathroom floor plans with large eat-in kitchens, private decks/balconies, and a detached oversized 3-car garage. Retaining its historic charm with original wood moldings and built-in pantries, this building presents a blank canvas. Don't miss out on this high-yielding multi-family asset!

4234 Dewey Ave, St Louis

$215,000

26057561 MLS ⋅ ACTIVE Status

PRICED TO SELL + CASH FLOW FROM DAY ONE! This Dutchtown 4-family is an opportunity to add a solid income-producing property to your portfolio—or live in one unit and let the other three help offset your mortgage. Conveniently located near South Grand Ave, the property is being sold AS-IS and offers immediate rental income with room to grow. Three of the four units are currently rented at $700/month, while the fourth unit is vacant and ready to show. Each unit offers a straightforward layout with a living room, bedroom, kitchen and full bath. With market rents estimated at $700–$900/month, there is even more potential to increase income as units turn over. Four units. Three paying tenants. One vacant unit. Immediate cash flow. Built-in upside. Whether you're looking for your next investment property or an owner-occupant opportunity, this is a property worth putting on your radar.

3549 Delor St, St Louis

$264,900

26057476 MLS ⋅ ACTIVE Status

This fully updated duplex presents an excellent opportunity for both investors and owner-occupants. One unit is currently leased to a Section 8 tenant for $1,710 per month, providing immediate and dependable rental income. The second unit is vacant and move-in ready, making it ideal for an owner-occupant or an investor looking to lease it for an estimated $1,500–$1,600 per month. The occupied unit, located at 6000 Etzel, features four generously sized bedrooms and two full bathrooms. The vacant unit at 6002 Etzel offers three bedrooms and one-and-a-half bathrooms. Both units are thoughtfully designed for comfortable living and feature first-floor laundry, updated kitchens and bathrooms with modern finishes, and brand-new dishwashers. Recent improvements include new flooring in the kitchens and bathrooms, as well as newer central air-conditioning systems. The property’s desirable location places it just minutes from the Delmar Loop, Forest Park, and Washington University, providing convenient access to dining, shopping, entertainment, education, and major employment centers. The vacant unit at 6002 Etzel is available for showings. The occupied unit at 6000 Etzel may be viewed with an accepted contract. Financial information is available upon request.

6000 Etzel Ave, St Louis

$539,900

26056896 MLS ⋅ ACTIVE Status

Opportunity abounds on South 10th Street! Rarely does a property combine this much space, income, flexibility and lifestyle in historic Soulard. Tucked onto one of the neighborhood’s most coveted, quiet and tree-lined blocks, 1841 S 10th offers the comfort of a true single-family home, income from two existing apartments, hard-to-find off-street parking and one of St. Louis’s most social, historic and charming neighborhoods right outside the door. Formerly two apartments, the entire second floor was combined into an expansive 1,750+ SF owner’s residence. Large rooms, soaring ceilings, abundant natural light, a spacious kitchen, dedicated in-unit laundry and thoughtful updates create a comfortable home while preserving the historic character that makes Soulard special. Two updated first-floor apartments are occupied by long-term tenants paying $925 and $850 per month, providing $1,775 in day-one income. Market rents are estimated a$1,050–$1,100 per unit for long-term tradtional rentals and up to $1500 per unit for furnished or nightly rentals. Before becoming owner-occupied, the upper residence leased for $2,150 per month, creating multiple paths to income and long-term upside. First-floor tenants share laundry at the end of the main hallway. No basement stairs and no dark basement laundry room! Furnished, and / or nighlty rental rates coudl support $3,000/month income from this unit! What makes this exact location so special is the peace and quiet. The unusual street pattern around South 10th and tiny Emmet Street limits through traffic, creating a tucked-away residential pocket just blocks from Soulard’s busiest destinations. You can live close to everything without having everyone pass your front door. The membership-based Frenchtown Dog Park is also just steps from the rear alley, adding a rare and desireable neighborhood amenity for dog owners. In a neighborhood where parking is at a premium, the existing rear gravel pad, accommodating up to three cars, is a major advantage. Owners and tenants have dedicated off-street parking waiting at home, even during Mardi Gras and Soulard’s busiest event weekends, with additional on-street parking often available along this low-traffic block. Then, the Soulard lifestyle. Meet friends for drinks on Molly’s year-round patio, treat yourself to Asian-Fusion and craft cocktails steps away from your front door at Stews. Late-night weekend slices at Epic Pizza, karaoke at Carson’s, catch live music at The Hi-Hat, or start game day at Duke’s and ride its shuttle to a Cardinals or Blues home game. Host Mardi Gras, pick out your golf cart, wander through Soulard Market and enjoy the patios, architecture, festivals and unmistakable energy that make this neighborhood unlike anywhere else in St. Louis, then come home to the quiet of South 10th. Notable features and improvements include central air, updated electrical, PVC plumbing, more than $40,000 in updates and capital improvements since 2022, and a new roof in 2026. Move in and enjoy the amazing space today or unlock even more potential. The lofted attic features a dramatic vaulted ceiling, exposed brick walls and flexibility for many future uses. Prior architectural plans envisioned two additional bedrooms and two bathrooms, while the space could also become an office, studio, media room, fitness room or private retreat. The rear may offer additional possibilities for a private patio, enhanced parking or a future carriage-house concept. Owner-occupant, long-term investor, furnished-rental or second-home buyer, 1841 S 10th St. checks all the boxes. Minutes from Downtown with convenient access to I-44 and I-55, plus easy connections to I-64/40, I-70 and Gravois, the entire metro region remains within easy reach. Immediate income. A true owner’s home. Illusive off-street parking. Historic charm. The full Soulard lifestyle. Long-term upside. All at one unforgettable address. Opportunities like this do not come around often.

1841 S 10th St, St Louis

$179,900

26052371 MLS ⋅ ACTIVE Status

Hot investment property in South City! Operating at approximately 13% cap rate returns = Great cash flow!! This is a solid brick 4-family property with large units and great tenants in place! Each apartment has townhouse style separate entrance, a large living room with original decorative fireplace, a giant eat-in kitchen, a full bath, and a massive private bedroom. All units feature forced air heating (one w/ central a/c), 10ft high ceilings, original hardwood floors, massive pocket doors, circuit breaker panels, pvc stacks, 3 newer water heaters, and separate laundry hook-ups in the basement. Invest in your future with passive income, while you build equity fast! Very easy to rent. Close to parks, hospitals, restaurants, shopping, sporting events and downtown!

4742 S Broadway, St Louis

$410,000

26057875 MLS ⋅ ACTIVE Status

Welcome to this all-brick, two-story 4-family property located in the North Hampton neighborhood of St. Louis. This solid investment opportunity features four private 1-bedroom, 1-bath units, each with central air and forced-air heating. The property offers a newer roof, replaced in April 2024, providing an important recent capital improvement for the next owner. Each unit offers a functional layout and the privacy of its own living space, making this property well-suited for an investor looking to add a well-maintained multifamily asset to their portfolio. Additional income potential is available with four garage spaces, offering the opportunity for rental income beyond the residential units. Washer and dryer hookups are located in the basement, providing added convenience for tenants and potential for an additional amenity or income stream. Conveniently located in the North Hampton area, this property offers a combination of brick construction, updated major components, private units, garage parking, and multiple avenues for rental income. A great opportunity for both seasoned investors and those looking to enter the St. Louis multifamily market. Seller also has another 4-family for sale at 4936 Winona Ave, Saint louis, MO, 63109; MLS (26057837). Great opportunity to bundle up 8 total doors conveniently located near each other.

5036 Lindenwood Ave, St Louis

$410,000

26057837 MLS ⋅ ACTIVE Status

Well-maintained four-family property located in the desirable South Hampton neighborhood of St. Louis. Each unit features individually metered utilities and private bedroom accommodations, providing tenants with comfort and convenience while helping owners manage operating expenses. The property also includes garage spaces that offer an opportunity to generate additional rental income or provide valuable off-street parking. With below-market rents currently in place, this asset presents a compelling value-add opportunity for an investor seeking immediate upside. Seller also has another 4-family for sale at 5036 Lindenwood Ave, Saint Louis, MO, 63109; MLS (26057875). Great opportunity to bundle up 8 total doors conveniently located near each other.

4936 Winona Ave, St Louis

$895,000

26058112 MLS ⋅ ACTIVE Status

Incredible opportunity to own a fully updated, 6-family in the heart of Tower Grove East. The property consists of 6, 2 bed/1 bath units with off-street parking and a fenced in backyard plus large decks! Units have been completely updated throughout with high end finishes, new kitchens with new stainless steel appliances, in unit washer/dryer and central heating and cooling. Plumbing and electric have also been updated. Rents are below market with a proven concept of achieving over $1,500/mo with market rents being at $1,550/mo.

3521-3525 Utah St, St Louis

1 Year Old! Tax Abated! 3 Family in Central West End!

Interested in VRBO or AirBnB short term rentals? Check out our Short term rentals page!

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