323 Mott St, St Louis, MO 63111

$405,000

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Sold Price
$405,000
List Price
$499,900
Closing Date
Dec 19, 2025
Days on Market
165
MLS#
25045743
Status
CLOSED
Acres
0.09
Year Built
1966
Subdivision
Carondelet Park Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Fully occupied 8-unit multifamily in South St. Louis, offering strong tenant demand and stable returns. Monthly rental income of $5429/ mo, and annual NOI (before tax) of $39k. This well-maintained brick building features a mix of studio and 1-bed units, all separately metered and professionally managed. Recent updates and consistent rental history make this a hassle-free addition to any portfolio. Located just steps from Gravois Park with easy access to public transit, highways, and downtown. Excellent opportunity in a proven rental corridor. Property to be sold as-is, please use special sales contract.

Additional Information

School District
St. Louis City
Elementary School
Woodward Elem.
Jr. High School
Lyon-Blow Middle
Sr. High School
Roosevelt High
Parking Description
On Street, Parking Lot
Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Dan Lawless. Wood Brothers Realty

Selling Office: Coldwell Banker Realty - Gundaker.

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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