8440 N Broadway N
St Louis, MO 63147
Map
- – beds
- – baths
- 9,632 sqft
- ~1/2 acre lot
- $77 per sqft
- 1964 build
- – on site
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.
Last checked:
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Last updated Jun 10, 2025
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MLS# 25016792 —
The Building
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Year Built:1964
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Number Of Buildings:2
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New Construction:false
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Construction Materials:Brick, Brick Veneer, Stone Veneer
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Architectural Style:Low/1-2
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Number Of Units Total:18
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Exterior Features:Balcony
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Basement:false
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Above Grade Finished Area:9,632 Sqft
Interior
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Fireplace:false
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Living Area Source:Other
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Living Area:9632
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Laundry Features:Common Area, Washer Hookup
Financial & Terms
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Listing Terms:Cash, Conventional
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Ownership Type:Private
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Possession:Close Of Escrow
Location
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Longitude:-90.229233
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Latitude:38.716454
The Property
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Property Type:Residential Income
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Parcel Number:4293-00-0050-0
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Lot Size Acres:0.5568
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Lot Size Area:0.56
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Lot Size Units:Acres
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Lot Size Square Feet:24,254 Sqft
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Lot Size Dimensions:201X121
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Lot Size Source:Public Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (314) 222-0065
- Office phone:
- (314) 222-0065
Taxes
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Tax Year:2024
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Tax Annual Amount:$7,210
Heating & Cooling
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Cooling:Central Air, Electric, Window Unit(s)
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Heating:Forced Air, Electric
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Water Heater
Schools
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Elementary School:Herzog Elem.
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Middle School:Yeatman Liddell Middle School
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High School:Vashon High
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High School District:St. Louis City
The Community
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Subdivision Name:Hornsby Addition
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Neighborhood:Baden
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Pool:No
Parking
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Parking Features:On Street, Open, Parking Lot, Unassigned
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/14/25
May 14, 2025
|
Listed / Active | MARIS | $750,000 | |
|
5/5/25
May 5, 2025
|
Sold Subject To Contingencies | MARIS | $750,000 | |
|
5/2/25
May 2, 2025
|
Listed / Active | MARIS | $750,000 | 67.4% (7.2% / YR) |
