1402 Granville Pl - Apartments FOR SALE


Saint Louis, MO 63112- Hamilton Heights
$224,900 USD
314-913-7598
1402 Granville Pl, Saint Louis, MO for Sale
$224,900 USD
Apartments - FOR SALE
1/53
null | Request Cap Rate

1402 Granville Pl
Saint Louis, MO 63112
Hamilton Heights


OVERVIEW

1402 Granville – Fully Rehabbed Four-Plex Income Property | $224,900 | $2,800 Monthly Gross Income Turnkey Cash Flow in the Heart of St. Louis Welcome to 1402 Granville Ave, a solid-brick four-unit multifamily property that blends classic architecture with a complete modern makeover. Every detail has been refreshed — top to bottom — creating a plug-and-play investment that’s already bringing in $2,800 per month across four spacious 2-bed / 1-bath units. Whether you’re a seasoned investor or first-time buyer looking for dependable returns, this is your chance to own a performing four-plex at a price point rarely seen in today’s market. Before & After – A Transformation That Sells Itself The rehab tells the story: • Modern Kitchens: New cabinets, countertops, flooring, stainless appliances, and lighting. • Updated Bathrooms: Clean finishes, new fixtures, and bright paint for that fresh, move-in-ready feel. • New Flooring & Carpet: Warm, neutral tones that appeal to tenants and reduce turnover. • Fresh Paint Throughout: Light-gray walls and crisp trim create an open, airy vibe. • Exterior Improvements: Classic brick exterior refreshed for long-term durability and curb appeal. Each “before” and “after” photo captures the pride and effort behind this transformation — a building once tired, now fully revived and ready to deliver steady monthly income for years to come. Investment Highlights • Price: $224,900 • Monthly Income: $2,800 ($700 per unit) • Unit Mix: 4 × 2 Bed / 1 Bath • Building Type: All-Brick Four-Plex • Condition: Fully Renovated – Turnkey • Occupancy: Ready for tenants / Already producing income • Projected Cap Rate: ˜ 13–14% based on current rents Low maintenance, strong rental demand, and instant returns — this property is the definition of cash-flow confidence. Why Investors Love This Asset Strong ROI from day one Rehabbed units attract long-term tenants Brick construction minimizes maintenance Ideal for Section 8 or private rental strategies Future equity growth as the area continues to improve That Feel-Good Factor When you step inside, you can feel the care that went into every detail — clean, bright, and welcoming spaces where tenants instantly feel at home. Investors feel it too: the satisfaction of owning a property that’s been transformed from worn-out to winning.

FOR SALE DETAILS

PRICE

$224,900 USD

PRICE/SF

$61 USD /SF

# OF UNITS

4

PRICE/UNIT

$56,225

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,931 SF

ZONING

C

APN/PARCEL ID

3806-08-0020-0

ASK ABOUT THIS PROPERTY

Tony MorganBaz Investments LLCMore Info
314-913-7598

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Tony MorganBaz Investments LLCMore Info
314-913-7598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.