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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

$499,500
26051468 MLS ACTIVE Status
TWO PROPERTIES FOR THE PRICE OF ONE! This Soulard three family is not a duplex with a shed out back. It is TWO SEPARATE BUILDINGS ON ONE PARCEL, a classic brick duplex fronting Allen Avenue plus a fully renovated single family house standing on its own in the rear, with a private courtyard in between. Setups like this almost never hit the market, and never at this price, in one of the most walkable and in demand neighborhoods in all of St. Louis! FULLY OCCUPIED AND PRODUCING 4,650 PER MONTH, or 55,800 annually. The front duplex holds a one bed one bath renting at 1,100 and a two bed two bath renting at 1,450. In the rear of the parcel sits a beautifully updated THREE STORY two bed two bath single family home leased at 2,100. The rear house is a TRUE ARCHITECTURAL SHOWPIECE! Three levels of modern design behind original brick, with a striking multi story window wall, white shaker cabinetry, granite counters, stainless appliances, light wood floors and a spa quality walk in shower finished in marble. This one lives like a private city retreat, not a rental! Between the two buildings is a fully fenced PRIVATE COURTYARD of brick pavers and white stone. Real outdoor living space is nearly impossible to find in a city investment property, and here it comes standard. NOW HERE IS THE BEST PART. ALL THREE LEASES EXPIRE ON AUGUST 30, 2026! That hands the next owner a completely clean slate. The seller will DELIVER ALL THREE UNITS VACANT at closing, or re lease any of them beforehand, entirely at the direction of the buyer. YOU PICK THE UNIT YOU WANT TO LIVE IN! Take the high end rear house and enjoy a private home with a yard in the middle of the city. Take the two bed two bath in the duplex. Or keep it simple in the one bed and MAXIMIZE YOUR INCOME. Then you decide what the other two units do. Lease them long term for steady predictable rent. Furnish them for traveling nurses and corporate stays. Or run them as SHORT TERM RENTALS in a neighborhood people specifically travel to visit! Mix and match in any combination, and change the plan whenever you want. HOUSE HACK IT! Live in the rear home while the front duplex throws off more than 2,500 per month toward your mortgage, and as a three unit this property is FHA ELIGIBLE. Prefer to stay hands off? Keep all three leased, mark rents to market, or explore short term rentals, where AirDNA projections for comparable Soulard units point to ROUGHLY 100,000 PER YEAR in gross Airbnb revenue across all three! LOCATION IS EVERYTHING, and this one delivers. Just steps from Dukes, which runs a FREE SHUTTLE to Cardinals, Blues and STL City SC games plus major downtown concerts, and surrounded by the restaurants, bars and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis! OFFERED AT 499,500! Property is fully occupied. Proof of funds or preapproval required to schedule a tour. Do not let this one get away!

1007 Allen Ave, St Louis

$500,000
26047017 MLS ACTIVE Status
Very Nice 4-Family Opportunity in the Princeton Heights Neighborhood. 3 of the 4 apartments have been completely renovated with newer Kitchens and Appliances, Updated Bathrooms, Refinished Hardwood floors, and lighting. Each of the four apartments offers a spacious apartments with an inclosed rear sunporches. Additional updates throughout the building include updated plumbing supply lines, stacks, and upgraded electrical panels. All 4 units have central air. An oversized detached brick four car garage provides off street parking plus potential additional income. This property is perfect for owner occupant or non-owner occupant investor. One unit left vacant for easy showings or owner occupant, see the rental property verification for more details. The property has one unit vacant for easy showings or for owner occupants. The rent roll and expenses are attached. Showings will need to be scheduled 24 hours in advance. Only 1 unit will be shown without an accepted offer. NOTE: 16-UNIT PACKAGE OPPORTUNITY - This property can be purchased individially for $500,000 or as part of a four-property package consisting of 16 units for $2,000,000. The package includes 4943 Winona 63109, 5428 Rhodes 63109, 5448-50 Rhodes 63109, and 4958-60 Parker 63139. As a 16 unit package 13 of 16 units have been renovated and listed for a total of 2 million dollars. These properties may be purchased individually or as a package. Package details available upon request.

5448 Rhodes Ave, St Louis

$399,900
26051157 MLS ACTIVE Status
Welcome to 4945 Sutherland Avenue, a charming two-family property offering spacious living, classic St. Louis character and excellent flexibility for an owner-occupant or investor. This well-maintained brick building features a 2-bedroom, 1-bath main-level unit and a 3-bedroom, 1-bath upper-level unit, each with generous room sizes, beautiful hardwood flooring and an abundance of natural light. The main-level unit offers two bedrooms, a full bath, kitchen, separate dining area, spacious living room with fireplace and a bright sunroom. Original hardwood floors and substantial millwork preserve the home's character, while fresh neutral finishes and an updated bath give the space a clean, move-in-ready feel. The upper unit offers three bedrooms and one full bath, along with a kitchen, family room, breakfast/dining area and its own sunroom. The flexible layout provides considerably more living space than typically expected in a multifamily property and makes the upper unit especially appealing for tenants needing an additional bedroom, home office or work-from-home space. 2026 HVAC and Roof with a large, clean unfinished basement provides abundant storage and utility space, while the backyard offers a fenced outdoor area with a fire-pit gathering space. A detached garage adds another desirable feature. With two distinct units, updated interiors, hardwood floors, generous living spaces and classic brick construction, 4945 Sutherland offers an attractive opportunity to live in one unit while generating income from the other, accommodate extended family, or add a versatile multifamily property to an investment portfolio.

4945 Sutherland Ave, St Louis

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