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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

$4,450,000
25060505 MLS ACTIVE Status
PRICE REDUCED~ Oakview Apartments is a 36-unit value-add multifamily community situated in a thriving area of St. Louis’s Central Corridor. The property consists of three all-brick buildings featuring 36 1-bed, 1-bath units with a strong occupancy rate of 100%. Unit features include in-unit washers and dryers, hardwood floors, updated kitchens with quartz countertops and stainless-steel appliances, as well as rear balconies. Residents can enjoy off-street parking in the parking lot behind in the rear of the buildings. Oakview Apartments is ideally located just minutes from Forest Park. Its proximity to WashU ensures a steady influx of students, faculty, and staff, driving demand for rental properties. The vibrant Dogtown neighborhood, known for its lively atmosphere and local eateries, adds to the area’s appeal. Downtown Clayton, with its bustling business district and upscale shopping and dining, is also just a short drive away. Additionally, the property is conveniently located near major hospitals and employers in the Central West End, such as BJC Healthcare, attracting healthcare professionals and other workers. Current rents are below market rates, providing immediate upside potential for future ownership through rental increases. Furthermore, 5 units have not been updated with new kitchens, presenting additional opportunities for value enhancement. The property is being offered free-and-clear, allowing buyers the flexibility to secure new financing.

1014 Oakview Place, St Louis

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