- – beds
- – baths
- 2,552 sqft
- 4,561 sqft lot
- $127 per sqft
- 1942 build
- – on site
Turnkey, Fully Occupied 4-Family Investment Opportunity in Bevo Mill, located just blocks from Carondelet Park and Christy Park, this well-maintained 4-family building offers an excellent opportunity to grow your investment portfolio. Each unit features a true bedroom in the rear and one full bathroom. The property is currently generating a Net Operating Income (NOI) of $25,331, with rents currently below market, offering upside potential. Three of the four units present an opportunity for value-add upgrades to achieve market-rate rents this fall. Key Updates and Features: All four units have brand-new HVAC systems installed in December 2024. Sewer lines under the building were upgraded to PVC in 2024, including both stacks and partial replacement to the yard vent (connection to the city main is unknown). Three of the four water heaters have been replaced within the past six years. The rear parking pad provides off-street parking for all four tenants. All units are currently leased. This is a low-maintenance property that has been well-maintained. Tenants will not be disturbed without an accepted contract. Viewings of the basement may be arranged for serious buyers with proof of funds and listing agent accompanied. Please note: Seller's won't consider offers involving seller creative financing. However, we welcome offers that are cash or backed by Conventional, FHA, or VA financing.
Last checked:
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Last updated Jul 12, 2025
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MLS# 25046831 —
The Building
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Year Built:1942
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Year Built Source:Assessor
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Number Of Buildings:1
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Apartment Style
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Unit Count:4
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Number Of Units Total:4
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Roof:Flat
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Foundation Details:Stone
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Exterior Features:Entry Steps/Stairs
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Basement:true
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Basement:Full, Unfinished
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Above Grade Finished Area:2,552 Sqft
Interior
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Levels:Two
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Fireplace:false
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Fireplace Features:None
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Living Area Source:Assessor
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Living Area:2552
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Laundry Features:In Basement, Common Area, Electric Dryer Hookup, Washer Hookup
Financial & Terms
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Listing Terms:Cash, Conventional, FHA, Private, VA Loan
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Ownership Type:Private
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Possession:Close Of Escrow
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Lease Considered:false
Location
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Longitude:-90.272221
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Latitude:38.571005
The Property
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Property Sub Type:2-4 Units
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Property Type:Residential Income
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Parcel Number:6057-00-0060-0
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Lot Size Acres:0.1047
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Lot Size Source:Public Records
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Waterfront:false
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Structure Type:Apartment Building
Listing Agent
- Contact info:
- Agent phone:
- (573) 520-3099
- Office phone:
- (573) 520-3099
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,931
Heating & Cooling
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Cooling:Central Air
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Heating:Forced Air, Natural Gas
Utilities
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Water Source:Public
Appliances
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Appliances:Gas Cooktop, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
Schools
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Elementary School:Woerner Elem.
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Middle School:Long Middle Community Ed. Center
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High School:Roosevelt High
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High School District:St. Louis City
The Community
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Community Features:Park, Playground, Restaurant, Sidewalks, Street Lights, Public Bus
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Neighborhood:Bevo Mill
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Subdivision Name:Carondelet Parkview Add
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Number Of Units In Community:4
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Association:false
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Senior Community:false
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Pool Private:false
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Pool:No
Parking
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Parking Features:Off Street, Parking Pad, Paved
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Garage:false
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Attached 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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/11/25
Jul 11, 2025
|
Coming Soon | MARIS | $325,000 | 8.4% (7.6% / YR) |
6/6/24
Jun 6, 2024
|
MARIS | $299,900 | 114.7% (11.3% / YR) | |
4/25/14
Apr 25, 2014
|
MARIS | $139,700 |