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$ 875,000
Est. payment /mo
Active
1337 Vandeventer AVE St Louis, MO 63110
4,314 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 4,314 sqft
Price per Sqft $202
Subdivision The Grove
MLS Listing ID 25052782
Year Built 1889
Property Sub-Type 5 Family or More
Property Description
Incredible opportunity to purchase a 5 unit, fully updated building located in the vibrant Grove Neighborhood and across from Rockwell Brewing. These spacious apartments blend modern updates with classic charm. Each unit features hardwood floors throughout, in-unit washer and dryer, central air, stainless steel appliances, quartz countertops, updated kitchens, built-in bookshelves, and an abundance of natural light from large updated windows. The property offers several amenities: shared lounge overlooking looking a private, walled courtyard and secured parking in the rear garage.
In-place rents are averaging ~$1,371/month with several units currently leased below market but have significant upside. The property has already proven the ability to command higher rents at $1,500/month. This is a low-lift value add opportunity for investors to purchase a stabilized, well-maintained asset with proven rent upside.
In-place rents are averaging ~$1,371/month with several units currently leased below market but have significant upside. The property has already proven the ability to command higher rents at $1,500/month. This is a low-lift value add opportunity for investors to purchase a stabilized, well-maintained asset with proven rent upside.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features true
Garage Spaces 4.0
Private Pool false
Building
Water Public
Architectural Style Historic
Structure Type Brick Veneer
Schools
Elementary Schools Adams Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Vashon High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Timothy McCarthy • Salient Realty Group, LLC
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