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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

$155,000
26042948 MLS ⋅ ACTIVE Status
Circa 1915. Attention investors and homeowner occupants alike! This 2 unit 1 bed/1bath duplex has options. Both units are tenant occupied, with the first-floor unit on a month-to-month lease, providing flexibility for future updates, an owner-occupant, or staying with the current long-term tenant. The second-floor unit has been well maintained and updated plus highlights the charm this property offers. The layout in both units are a classic 3 room shotgun, but the ceiling height and room sizes make these units seem so spacious with each floor having just over 1000 sq feet each. Bonus, each floor has its own balcony off the back of the kitchen plus there is a 1 car garage space allotted for 1 of the units. The shared basement space has a provided washer/dryer-no laundry mat needed! The location is in the bustling wedge of the Tower Grove South neighborhood-near to some of the most well traveled thoroughfares around the StL city. Whether you're looking to grow your investment portfolio or offset your mortgage by living in one unit while renting the other, this property makes sense! Are you ready to meet your new duplex? We can't wait to introduce you!

3630 Bamberger Ave, St Louis
$205,000
26044620 MLS ⋅ ACTIVE Status
Great opportunity whether you are looking for a cashflow producing asset or a home where you can house hack this one has all the updates you've been looking for! Each unit features 2 bedrooms and 1 bathroom. Both units have been recently updated with new kitchens, bathrooms, appliances, light fixtures and fresh paint. Top floor unit is occupied with a tenant currently paying $1,060 a month.

4637 Oregon Ave, St Louis
$245,000
26044151 MLS ⋅ ACTIVE Status
Move-in ready and full of opportunity! This beautifully updated all-brick two-family in the heart of Gravois Park is the perfect addition to an investor's portfolio or an ideal opportunity for an owner-occupant looking to offset their mortgage with rental income. Both units have been thoughtfully updated while maintaining the property's classic South City charm, offering a turnkey opportunity from day one. Each spacious unit features bright living spaces, updated finishes, and functional layouts that appeal to today's tenants and homeowners alike. Separate entrances and utilities add convenience, while the solid brick construction provides lasting value. Whether you're looking to house hack, expand your investment portfolio, or own a low-maintenance income-producing property, this duplex checks all the boxes. Conveniently located just minutes from Cherokee Street, Benton Park, Tower Grove Park, and major highways, you'll enjoy easy access to local restaurants, shopping, parks, and all that South St. Louis has to offer. Don't miss this fantastic opportunity to own a move-in ready duplex in one of the city's growing neighborhoods!

3515 Oregon Ave, St Louis
$1,190,000
26042841 MLS ⋅ ACTIVE Status
Amazing bundle package of 7 townhouses available in Park Charles South Condo! 27B ($1390), 27C ($1050), 27D ($1370), 33A ($1200), 33B ($1315), 33C ($1100), 33D ($1500). Offer includes (7) 2-3 bedroom, 1.5 - 2.5 bath townhouses. 1200 to 1280 sq ft. Units are on slab. Roof replaced in 2016-2017. Each townhouse has private laundry, spacious living rm w/frpl, kitchen w/breakfast rm, slider to fenced yard, 2 assigned parking space & ample guest parking; Tenants responsible for electric, gas, water & sewer. $260 condo fee includes trash, snow removal, lawn maintenance & all exterior maintenance (excl decks). Community amenities incl 3 stocked fishing lakes within walking distance. Prime location in a fast growing area with easy access S to hwy 70, 94 and 364; All units rent quickly with potential rent increase. Pet policy. $100/yr Park Charles Subdivision assessment. No sign in yard. No showings without accepted contract; All units rent quickly with potential rent increase. 2025 est expense see below; Property tax $13,794 Insurance $ 2,478 Maintenance & repairs $ 6,728 Condo fee $21,840 Annual subdivision master fee $ 700 ($100 per unit per year)

27 Park Charles Blvd Unit B, St Peters
$1,250,000
26043859 MLS ⋅ ACTIVE Status
Exceptional investment opportunity featuring a five-unit condo/townhome portfolio in highly sought-after Kirkwood. This fully leased, income-producing package offers immediate cash flow with all tenants on year-to-year leases. The current owner has maintained 100% occupancy throughout ownership, making this a truly turnkey investment. The portfolio consists of four 3-bedroom units, one 2-bedroom unit. Ideally situated in the heart of Kirkwood, these properties are close to popular attractions, including the Magic House Children's Museum, Powder Valley Conservation Nature Center, downtown Kirkwood's shops and restaurants, Kirkwood Park, and the Kirkwood Performing Arts Center. This rare offering is well-positioned to attract investors seeking stable rental income in a desirable location. Showings are available only for qualified buyers with approval from both the seller and the listing agent. Contact us today for additional details and the opportunity to add this long-term investment to your portfolio. The package includes the following five condos: 1025 Lacouer, 1030 Lacouer, 1032 Lacouer, 213 Charmers Ct, 224 Charmers

1030 Lacouer Dr, Kirkwood
$399,900
26043740 MLS ⋅ ACTIVE Status
Investment opportunity in St. Louis City’s Penrose neighborhood! This 24-unit multifamily building offers distinctive architectural character, substantial income-producing potential, and an opportunity for an investor to renovate and reposition a sizable asset. Portions of the building are in need of renovation, providing the opportunity to add value through strategic improvements and property management. Conveniently located near Interstate 70 with access to major thoroughfares and surrounding neighborhoods. Whether expanding an existing portfolio or seeking a larger-scale redevelopment opportunity, 2811 N. Kingshighway offers plenty of potential. Contact the listing agent for additional information or to schedule a private showing. Seller financing available.

2811 N Kingshighway Blvd, St Louis
$599,900
26043728 MLS ⋅ ACTIVE Status
Incredible value-add opportunity directly across from Fairground Park! This all-brick 12-family apartment building has been positioned for redevelopment, with interior demolition already completed, a new roof installed, and architectural drawings and floor plans available to help bring the project to life. The proposed layout features spacious true one-bedroom, one-bath apartments with four rooms per unit, including a separate dining room and kitchen. Each apartment also features a private balcony overlooking the park and individual furnaces located within the units. With much of the initial groundwork already completed, this property offers an investor or developer the opportunity to take over and transform a substantial multifamily asset with income-producing potential. Bring your vision, your contractor, and your plans to restore this building and unlock its full potential. Schedule your private showing today! Seller financing available.

3803 Fair Ave, St Louis
$2,650,000
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
$775,000
26041459 MLS ⋅ ACTIVE Status
Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract. 30 year loan with 25% down and a 6.65% rate is available! Ask your realtor for more information found in the supplements.

4615 Virginia Ave, St Louis
$472,000
26041998 MLS ⋅ ACTIVE Status
Check out 3743 Wisconsin which offers 6 glorious units of cash-flowing bliss for your rental portfolio with a Cap Rate of 9.11%. Gut-rehabbed in 2010, the units offer all the amenities that quality tenants want in a place to call home: updated kitchen and bathrooms, in-unit laundry, plenty of closet space, and a thoughtful floor-plan. This is a 2.5 story building with tall ceilings and lots of square footage which makes for spacious units. There are 2 units of each of the following: 3 bedroom/ 2 full baths; 2 bedrooms/ 1.5 baths; 1 bedroom/ 1 bath. There is 1 unit being held vacant for showings, which is representative of the same finishes that you'll find throughout the property. Out in back there is a new deck and privacy fence as well as off-street parking for at least 4 cars. Finally, check out those pics of the basement... all of those updated mechanicals will really turn you on! This is a nice one. Don't miss the chance to make it yours!

3743 Wisconsin Ave, St Louis
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