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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

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Latest Multifamily Properties For Sale

$499,500
26037176 MLS ACTIVE Status
Four-family investment opportunity in the highly desirable Southwest Garden neighborhood, just minutes from the Missouri Botanical Garden, Barnes-Jewish Hospital, Washington University Medical School, Forest Park, and Tower Grove Park. This 3,536 sq. ft. building features four true 1-bedroom units, each approximately 775 sq. ft. Two units are currently occupied, with one vacant unit offering an excellent opportunity for an owner-occupant or value-add investor. Each unit includes central heating and cooling, and the basement provides dedicated laundry hookups for each apartment. The building offers multiple paths to increase income. Rents may be raised with existing layouts, and there is potential to convert the units from 1-bedroom to 2-bedroom layouts by creating a front bedroom and opening the kitchen to the living area with a possible island-style layout. Recent rental data supports strong upside. Average 1-bedroom apartment rents are $1,378, based on 23 one-bedroom rentals within the past 6 months in a 1.5-mile radius. Average 2-bedroom rents are $1,578, based on 5 two-bedroom, one-bath rentals within the past 18 months in a 0.5-mile radius. Tenants are long term tenants that have not had a rent increase. Recent sales of four-family properties in nearby have ranged from the mid-$500,000s to $850,000. Major improvements include a 6-year-old TPO roof, mostly replaced vinyl windows, PVC plumbing stacks, drains, and lateral. Additional features include a fenced backyard and rear parking pad. Strong location, functional layouts, existing occupancy, and value-add upside make this a compelling opportunity in one of St. Louis’ most convenient and desirable rental corridors.

4614 Shenandoah Ave, St Louis

$3,950,000
26035349 MLS ACTIVE Status
Rising prominently along South Kingshighway Boulevard, just moments from Forest Park, Central West End, and the Grove, this extraordinary early-1900s church has undergone a remarkable transformation into one of St. Louis’ most distinctive and inspiring properties. Once abandoned and forgotten, the building has been meticulously restored and reimagined by internationally recognized artist Nabil Mousa, creating a rare fusion of historic architecture, contemporary design, and limitless possibility. Rich in character and impossible to duplicate, the property offers an experience unlike anything else currently available on the market. At its heart is a breathtaking sanctuary crowned by soaring 25-foot ceilings, dramatic arched windows, preserved architectural details, and vibrant designer chandeliers. The expansive space evokes both grandeur and intimacy, providing an unforgettable setting for living, entertaining, creating, gathering, or showcasing a collection. Throughout the property, historic craftsmanship has been preserved while bold modern interventions create a dialogue between past and present. Custom iron and glass elements, hardwood flooring, refined finishes, dramatic lighting, and thoughtfully curated spaces transform the building into a true architectural statement. The residence includes a gourmet kitchen anchored by a stunning 20-foot island, multiple living areas, lounges, a library, loft spaces, and private guest retreats. Below, approximately 7,000 square feet of additional space offers exceptional flexibility for galleries, studios, offices, wellness facilities, creative enterprises, hospitality concepts, private collections, or future expansion. Outside, nearly 3,000 square feet of secluded courtyard space extends the experience beyond the walls of the building. Enclosed by a custom 9-foot ornamental iron fence, the grounds are being completed with elevated decking, lounge areas, spa accommodations, and two shipping-container structures that present endless possibilities for a future outdoor kitchen, bar, guest suite, studio, or creative workspace. Significant infrastructure improvements—including a new roof, structural restoration, eight HVAC systems, three-phase electrical service, new windows, flooring, plumbing, and extensive stone restoration—provide the confidence of modern systems within a building of historic significance. Whether envisioned as an extraordinary private residence, iconic live-work environment, creative campus, wellness retreat, boutique hospitality concept, event destination, medical or professional headquarters, or investment opportunity, this property offers something increasingly rare: a place with soul, history, and the ability to become whatever its next steward dares to imagine. This is more than real estate. It is a landmark. A conversation piece. A living work of art. And perhaps the most extraordinary adaptive reuse opportunity available in St. Louis today.

1034 S Kingshighway Blvd, St Louis

$1,000,000
26036707 MLS ACTIVE UNDER CONTRACT Status
Rare opportunity to acquire a fully repositioned 6-unit multifamily building in the heart of St. Louis's historic West End — steps from the Central West End, Washington University, the Delmar Loop, and Forest Park. This classic 3-story brick walk-up has undergone a comprehensive $550,000 renovation, delivering six spacious 3-bedroom/2-bathroom units averaging 1,500 SF each — one of the largest unit configurations available in this submarket. All interior work is 100% complete, including premium new kitchens, updated bathrooms, modern flooring, and brand-new mechanical, electrical, and plumbing systems throughout. Four units are currently occupied with leases in place, and two turnkey-ready units are available for immediate lease-up at market rate. Current in-place income is $7,379/month with a stabilized annual income of $132,108 including utility reimbursements. At the $1,000,000 list price, the property delivers a 9.79% acquisition cap rate — significantly above the local market average of 7.40% — with an as-is appraised value of $1,040,000, providing immediate equity at closing. With all-new MEP systems in place, capital expenditure liability over the next 7–10 years is expected to be minimal. In-unit washer/dryer hookups in every unit support above-average rents and tenant retention. An ideal acquisition for investors seeking immediate cash flow, strong yield, and long-term appreciation in one of St. Louis's most supply-constrained rental corridors.

5909 Cates Ave, St Louis

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