1817 Thurman Avenue Ave - Apartments FOR SALE


Saint Louis, MO 63110- Shaw
$650,000 USD
314-208-2395
1817 Thurman Avenue Ave, Saint Louis, MO for Sale
$650,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

1817 Thurman Avenue Ave
Saint Louis, MO 63110
Shaw


HIGHLIGHTS

  • Updated Historic Building in Shaw
  • Great Floor Plans w/ Large Units (1,193 SF)
  • Highly Walkable Neighborhood
  • In-Unit Laundry, Updated Electric & Plumbing
  • Perfect for Investors or Owner Occupants (House Hack)

OVERVIEW

1817-19 Thurman Ave is a beautifully maintained four-family apartment building nestled in the heart of St. Louis' coveted Shaw neighborhood. This property offers an exceptional opportunity for investors or owner-occupants looking to capitalize on the area's strong rental demand and vibrant community. Just blocks from Tower Grove Park and across the street from Sasha's on Shaw, this property is surrounded by local eateries, shops, and cultural attractions, providing tenants with an unparalleled lifestyle. The units are updated and all have in-unit laundry. All units are large (1,200 SF) 2 bd / 1 ba. The building's electrical and plumbing have all been updated as well. Current rents for the building are $1,315 per unit. With some minor updates, rents can be raised closer to $1,500/mo. This opportunity is perfect for investors or owner occupants looking to house hack. In place rents are strong but have plenty of room to be raised.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1817-1819 Thurman Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1914

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,756 SF

ZONING

F

APN/PARCEL ID

531000-02101

ASK ABOUT THIS PROPERTY

Matthew MillslagleSalient Realty Group LLCMore Info
314-208-2395

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Matthew MillslagleSalient Realty Group LLCMore Info
314-208-2395

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