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

This fantastic opportunity has great rents, fully occupied, and a great return!   Perfect for the owner occupant. 10 year tax abatement!   Click here for more information and an investment pro-forma.   Great Investment!

4380 Olive st st louis mo 63108 front facade4380 Olive owner occupant multifamily townhome

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

Latest Multifamily Properties For Sale

$265,000
26047857 MLS ⋅ ACTIVE Status
Great Investment Opportunity! Partially rented, large 2 story multi-family building with 4 units. 2 units with 2 bedroom and 1 bath. 2 units with 1 bedroom and 1 bathroom. Each unit has a living room, & eat-in kitchen. Buyer to verify all MLS data including but not limited to square feet, measurements, features, exemptions/taxes, schools, etc. No seller disclosures provided. Sold AS IS.

3603 Marcus Ave Unit 3-5, St Louis
$450,000
26046609 MLS ⋅ ACTIVE Status
WOW! Like New and Completely Updated! Don't miss this exceptional investment opportunity with this beautifully maintained 4-family brick building, where each spacious unit offers 2 bedrooms, 1 full bath, and an open-concept living, dining, and kitchen layout. Extensive improvements have already been completed (see attached updates list), making this a true turnkey property. The remodeled kitchens feature abundant cabinetry, generous counter space, modern appliances, and recessed lighting, while the updated bathrooms provide a fresh, contemporary feel. New laminate flooring flows throughout each unit, beautifully complemented by exposed brick walls and stunning stained-glass windows that add timeless character and charm. The clean, unfinished basement provides ample storage for tenants. Outside, enjoy a covered front porch, partially fenced yard, and a level concrete parking area with off-street parking for all units. Major mechanical systems are all approximately five years old or newer, offering peace of mind for investors. Conveniently located near Carondelet Park, schools, shopping, restaurants, and major highways. An outstanding opportunity to own a beautifully updated, low-maintenance income-producing property! Whether you're expanding your investment portfolio or seeking a turnkey multifamily property with strong rental appeal, this beautifully updated 4-family is ready to impress. Schedule your showing today!

3683 Montana St, St Louis
$429,000
26046597 MLS ⋅ COMING SOON Status
Well-maintained two family located on a corner lot in the highly sought after St. Louis Hills neighborhood. Spacious floor plans with 2 bedroom/1 bathroom units. The property has a fenced in backyard with a detached two-car garage.  Perfect for an owner/occupant or for investment purposes. Steps away from world famous Ted Drewes Frozen Custard, Francis Park, multiple restaurants, and shops along the Hampton commercial corridor.

6500 Devonshire Ave, St Louis
$274,900
26047216 MLS ⋅ ACTIVE Status
PRIME INVESTMENT OR HOUSE HACK OPPORTUNITY IN SOUTH CITY! Fantastic turnkey 4-unit quadplex located in the historic Carondelet neighborhood along South Grand Blvd. Perfect setup for an owner-occupant house hacker to live for free while tenants pay your mortgage, or for a savvy investor looking for immediate cash flow with upside potential! All 4 spacious 1 bed 1 bath units feature eat-in kitchens, bright living rooms, and bonus sunrooms. The units have all been recently updated with new kitchens and bathrooms, new appliances, and new LVP flooring. Major updates include a newer roof and new right-side plumbing stack, offering peace of mind for years to come. The electric panels are newer and the electric in basement has been updated along with PEX plumbing. Tenants enjoy comfortable updated living spaces, while owners benefit from strong cash flow and minimal maintenance. Tenants have access to laundry in the basement, along with a parking pad which provides off street parking. Unit 2S is vacant for showing purposes and is ready for a new tenant or owner occupant. The others are leases at $705, $800, and $700 per month. Close to Carondolet Park and everything South City has to offer! One unit and the basement can be shown, the occupied units can be seen with an accepted contract. Schedule your showing today!

5516 S Grand Blvd, St Louis
$195,000
26047503 MLS ⋅ ACTIVE Status
Looking for an easy low effort investment? Stop trading your weekends for renovation headaches and take a look at this fully occupied duplex with some highly desirable updates already done for you. I'm not your typical duplex ( whips hair ). This massive 2,600 sq ft, all-brick two family couldn't be easier with tenants already in place and generating $2500/month. Updates, mostly completed in 2024, include newer electric, tuck pointing, new water heaters, new kitchen cabinets and partially replaced roof. The upstairs unit has a newer HVAC, kitchen appliances, LVP flooring, and a bathroom remodel! The first floor is a 2 bed 1 bath renting for $1200/mth through December and the second floor unit is a 3 bed 1 bath renting for $1300/mth through June. Property is being sold "As-Is".

4510 Minnesota Ave, St Louis
$375,000
26047344 MLS ⋅ ACTIVE Status
Live in one, let the tenant pay the other! This charming brick duplex in The Grove is an owner-occupant's dream. Each of the two units offers a comfortable 1-bedroom, 1-bathroom layout, and both were fully rehabbed in 2015. Better yet, the first floor tenant just renewed through June 2027 at $1,254 a month, so income starts covering your mortgage from day one, while the second floor unit is vacant and ready for you to move right in at closing. With rent up to $1400 in the area, there is room for growth. The current owner has kept the property in great shape with a steady stream of upgrades: a 2022 sewer lateral replacement, 2025 DryLock waterproofing in the basement plus refinished floors, updated lighting, and fresh paint in Unit 1F, a brand-new gas water heater for Unit 2F in June 2026, and a new dryer for Unit 1F just last month. Add in gorgeous quartz counters in both units, private off street parking, and a shared fenced backyard, and you've got a truly turnkey opportunity. The location can't be beat - near Wash U, BJC, Cortex, and the buzzing restaurant scene on Manchester Ave, with easy highway access to downtown. And with the property's tax abatement still active, your carrying costs stay low while you enjoy it all. Don't miss this one!

4249 Chouteau Ave, St Louis
$225,000
26047530 MLS ⋅ ACTIVE Status
Monthly income of $2,090. Beloved, broker-owned 3-family with a duplex in front and a bonus house in back. Includes a vacant lot with boundary survey. All three 1-bedroom units are fully occupied by long-term tenants. Rear house rented for $795 (with Section 8 voucher). First floor in duplex rented for $700 (Section 8 voucher). Second floor rented for $595. Lots of original and vintage charm. Tuckpointing freshly done. Dry basement. Newer furnaces and newer water heaters. Newer ACs. No differed maintenance. Management can stay. Picturesque street, atop the neighborhood's tallest hill. Street is bookended by two active churches and a pre-school, and is anchored by Baden School, scheduled for rehab by Lutheran Development Group. Lots of potential at Broadway and Halls Ferry. Don't miss a nice investment opportunity.

1036 Theobald St, St Louis
$399,000
26046263 MLS ⋅ ACTIVE Status
This unique four-unit property offers exceptional versatility and outstanding potential for investors, developers, and owner-occupants alike. The two lower-level units are currently zoned for commercial use, making them ideal for office, retail, studio, or other business ventures. For those seeking to maximize residential income, the new owner has the opportunity to convert these spaces into two modern loft-style apartments upon taking ownership, significantly expanding the property's rental potential. The second floor features two spacious one-bedroom residential apartments with generous floor plans, abundant natural light, and strong tenant appeal. Whether you preserve the existing mixed-use configuration or pursue a full residential conversion, this property presents a rare value-add opportunity with multiple strategies for generating income. Its flexible layout, redevelopment potential, and prime investment appeal make it a standout opportunity for buyers looking to create long-term value. Don't miss your chance to unlock the full potential of this one-of-a-kind property!

7370 Dale Ave, St Louis
$370,000
26047375 MLS ⋅ ACTIVE Status
Welcome to this classic brick 4-family located in the Northampton neighborhood. Close to restaurants, public transportation, shopping, parks and more! You (and your tenants) will love being walking distance to so many south city favorites like Golden Hoosier, Bud's Pizza, Pipers Coffee & Uncle Bill's! Each unit features original hardwood floors and lots of windows. All layouts are similar with a living room that opens to a dining room, private bedroom, full bath, kitchen & a sunroom. The basement has laundry hook ups and plenty of storage. A fenced in backyard and 3 car garage are out back. Two leases are month-to-month with 2 on long term leases. The current rents are $945, $925, $900 and $875. This is a great building to owner occupy or add to your portfolio!

4932 Pernod Ave, St Louis
$275,000
26043844 MLS ⋅ ACTIVE Status
Beautifully updated all-brick duplex in the highly desirable Tower Grove South neighborhood! This income-producing property offers two spacious 1-bedroom, 1-bath units that blend classic South City character with tasteful modern updates. Each unit features hardwood floors, original stained-glass windows, updated kitchens and baths, generous room sizes, central air, separate gas and electric utilities, private basement storage, and shared laundry. The first-floor unit is vacant and move-in ready, offering flexibility for an owner-occupant or immediate leasing opportunity, while the second-floor unit is tenant occupied, providing immediate rental income with future upside potential. Whether you're looking to expand your investment portfolio, offset your mortgage through rental income, or add a quality property to your real estate holdings, this duplex offers exceptional versatility. Enjoy an unbeatable Tower Grove South location just blocks from Tower Grove Park and close to South Grand's award-winning restaurants, cafes, shopping, parks, and neighborhood favorites. Known for its historic charm, walkability, and strong rental demand, Tower Grove South continues to be one of St. Louis' most sought-after neighborhoods for both homeowners and investors. Property is being sold AS IS. Seller to make no inspections, repairs, warranties, or concessions.

3924 Miami St, St Louis
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