Multifamily Residential Investments

Check out this rare opportunity to own a quadplex in the heart of St. John! An extensive renovation was completed just a little over two years ago. Each of the four units are occupied at or above market rent, so cash flow starts the day after closing. All reasonable offers will be considered. No showings without an accepted contract. Please do not disturb tenants.

9216 Central Dr, St Louis

$100,000

26058822 MLS ⋅ ACTIVE Status

Versatile, income-producing opportunity in the heart of the Penrose neighborhood! Both the main and upper levels are currently tenant-occupied, providing rental income from the property from day one. Adding to its long-term flexibility, the property has a rare zoning variance allowing a daycare for up to 18 children on the main level, creating options for an investor or future owner with a variety of potential uses. The existing tenancy makes 4655 Farlin particularly appealing for an investor seeking a property with income already in place rather than starting with vacant units. Looking ahead, the property's distinctive configuration and daycare variance provide additional possibilities as leases and occupancy needs evolve, whether continuing its residential use or exploring the approved daycare use on the main level. Situated on a quieter one-way street, the property features a fenced yard that provides useful outdoor space, along with a garage accessed from the rear alley for convenient off-street parking and storage. The layout and exterior configuration lend themselves well to the property's flexible residential and permitted daycare uses. Located in the Penrose neighborhood, the property enjoys convenient access to public transportation, including multiple bus routes. Outdoor and community amenities include Penrose Park, WC Handy Park, Tink Bradley Playground, and nearby community gardens. Just minutes away, Fairground Park provides additional recreational opportunities with expansive green space, trails, and lakes. The area also offers convenient access to I-70, I-55, and downtown St. Louis, connecting the property with employment centers, hospitals, educational institutions, and other destinations throughout the city. Neighborhood schools, community organizations, churches, and everyday conveniences are also within the surrounding area. With tenants occupying both levels, existing rental income, a fenced yard, rear garage, and the unusual benefit of an approved daycare variance for up to 18 children on the main level, 4655 Farlin Avenue offers an investor a combination of current income and long-term flexibility that is difficult to replicate. Income potential, long-term ownership, and the ability to perform as a productive real estate asset are the reasons this property was selected as part of the Penthouse Portfolio Collection.

4655 Farlin Ave, St Louis

$159,000

26058519 MLS ⋅ ACTIVE Status

Great investment opportunity in Affton! Duplex features 3 bedrooms and a separate basement for each unit. West unit is currently rented and features new HVAC. East unit has a new furnace and water heater. Property offers excellent income potential and is ready for some TLC to make it your own. Great opportunity for an investor or owner occupant.

4833 Hannover Ave, St Louis

$415,000

26057370 MLS ⋅ ACTIVE Status

4448 Gibson Avenue presents an opportunity to acquire a fully renovated, income-producing duplex in the heart of The Grove. Both spacious 1-bedroom, 1-bathroom units are currently leased at $1,475 per month, generating $35,400 in annual gross rental income. The property has been extensively renovated and has proven to be an easy-to-manage asset with minimal ongoing repairs and maintenance. Each unit features tall ceilings, large windows with abundant natural light, hardwood floors, original pocket doors, quartz countertops, stainless steel appliances, and in-unit washer and dryer. The property also offers private outdoor space, a backyard, and off-street parking. Located in one of St. Louis’ most desirable urban neighborhoods, 4448 Gibson is within walking distance of The Grove’s restaurants, breweries, cafés, and entertainment and just minutes from Cortex, Barnes-Jewish Hospital, Washington University Medical Campus, and Forest Park. With strong in-place rents, quality renovations, and a highly desirable location, 4448 Gibson offers investors a turnkey opportunity with immediate cash flow and limited day-to-day management.

4448 Gibson Ave, St Louis

$115,000

26058739 MLS ⋅ ACTIVE Status

Investment opportunity in a spacious single-family brick home located just blocks from Tower Grove South. The property is currently tenant-occupied at $1,400 per month, providing immediate rental income. Cosmetic updates offer potential for added value and equity. Property is being sold as-is; seller will make no repairs. Please allow up to 24 hours for a response to all offers. Proof of funds or a preapproval letter is required before showing confirmation. Please do not disturb the tenants.

3645 Dunnica Ave, St Louis

$300,000

26058437 MLS ⋅ COMING SOON Status

Opportunity is knocking! DOGTOWN! 4-Family building located on highly sought-after Clayton Avenue! Price reflects that it is being sold in its current AS-IS condition. This property will be the perfect winter project for an investor looking to expand their portfolio. The prime location provides the potential for high rental income. Two-car garage. Make sure you check out the photos of the basement! Historians report that the very unique basement style provided a cold, cellar-like environment for food/fruit storage. The new owner could easily move into the current owner's unit, which is completely liveable, while rehabbing the rest of the building. Don’t miss out on your chance to restore this gem to its former glory! Showings to begin at the public open house on Monday, 9/14 from 4-6 p.m. No sight-unseen offers will be considered.

6704 Clayton Ave, St Louis

$260,000

26058445 MLS ⋅ ACTIVE Status

New construction duplex. 2 bed/1 bath each unit. Will be ready for tennants on October 1st.

1410 N Clark St, Mexico

$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

$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

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

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