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4156 Folsom Avenue

St Louis, MO 63110

– beds
– baths
13,216 sqft
12,798 sqft lot
$81 per sqft
1957 build
– on site

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Rare opportunity to purchase under-rented 10 and 8 unit multi-family buildings next door to each other in the Botanical Heights neighborhood. 18 total units across 3 buildings. 15 of 18 units are occupied, with current rents below market. 11 units have been updated with 1 in process which will be completed prior to closing. There is the potential to add value and raise rents significantly in the future both as-is and with additional updates. Updated apartments are now leasing for $725, this would yield $13,050 of gross rental income a month, $156,600 annually based on all tenants as $725. Rent comps for similar size apartments range from $750-$1,350 depending on amenities and updates. Located in close proximity to Forest Park, Washington University School Of Medicine, St. Louis University, University Of Health Science And Pharmacy In St. Louis, Botanical Gardens and Tower Grove Park. Addresses are 4156 Folsom (10 units) and 4164 Folsom 63110 (8 units). Price Reduced $100,000.

Listing courtesy of MARIS / Invest St. Louis

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 22068561 —

The Building

Year Built:

1957
Number Of Buildings:

3
Construction Materials:

Brick
Architectural Style:

Low/1-2
Number Of Units Total:

18
Security Features:

Smoke Detector(s)
Basement:

false
Above Grade Finished Area:

13,216 Sqft

Interior

Laundry Features:

Other, Common Area
Fireplace:

false
Living Area:

13216

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Cash, Conventional, 1031 Exchange, Private Financing Available, Other

Location

Longitude:

-90.252112
Latitude:

38.620832

The Property

Property Condition:

Updated/Remodeled
Property Sub Type:

5 Family or More
Property Type:

Residential Income
Parcel Number:

4969-00-0060-0
Lot Size Acres:

0.294
Lot Size Area:

0.29
Lot Size Units:

Acres
Lot Size Square Feet:

12,798 Sqft
Lot Size Dimensions:

150' x 128'
Lot Size Source:

Public Records
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

$2,801

Heating & Cooling

Cooling:

Window Unit(s)
Heating:

Forced Air, Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Water Heater, Gas Water Heater

Schools

Elementary School:

Adams Elem.
Middle School:

Fanning Middle Community Ed.
High School:

Vashon High
High School District:

St. Louis City

The Community

Subdivision Name:

Dundee Add
Neighborhood:

Botanical Heights
Association Fee Frequency:

None
Pool:

No

Parking

Parking Features:

On Street, Unpaved
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/5/23 Jun 5, 2023	Sold	MARIS	$1,075,000	386.4% (40.1% / YR)
10/16/13 Oct 16, 2013		MARIS	$221,000

Multifamily Sold on 6/5/2023

$1,075,000

Listing provided by broker:

Jordan Schoen

Invest St. Louis

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Listing Courtesy of: MARIS and Invest St. Louis.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.

4156 Folsom Avenue

St Louis, MO 63110