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

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Calculator source: Real Geeks

Listing courtesy of Wood Brothers Realty. Selling Office: Coldwell Banker Realty - Gundaker.

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