2013 S 11th St - Apartments FOR SALE


Saint Louis, MO 63104- Soulard
$500,000 USD
314-292-9080
2013 S 11th St, Saint Louis, MO for Sale
$500,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

2013 S 11th St
Saint Louis, MO 63104
Soulard


OVERVIEW

Investment Opportunity – 4-Unit Historic Brick Multifamily | Soulard | St. Louis, MO 2013 S 11th Street presents a solid 4-unit multifamily investment located in the heart of Soulard, one of St. Louis’ most established and in-demand rental submarkets. Constructed in 1885, the property features classic late-19th-century red-brick masonry construction typical of South City urban flats. The building consists of four (4) residential units with a favorable unit mix of three (3) 1-bedroom/1-bath units and one (1) 1-bedroom/1.5-bath unit, producing a current gross monthly rent of $4,654 (subject to rent roll verification). Unit sizes and layouts align well with strong tenant demand in the immediate area. Recent capital improvements include tuckpointing on the front façade and key exterior areas, along with replacement of the rear fence, supporting long-term building integrity and curb appeal. Furnace systems have been replaced over time and are of varying ages. An unfinished basement provides access to mechanical systems and potential shared tenant storage. The property is two blocks from Soulard Market and benefits from exceptional walkability to restaurants, nightlife, retail, and public transit. Street parking is readily available. This asset offers stable in-place income with future upside potential through continued rent growth, operational efficiencies, or targeted improvements. Well-suited for investors seeking a smaller multifamily property in a proven South City rental corridor.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

4

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2013 S 11th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,982 SF

ZONING

-

APN/PARCEL ID

0680-00-0170-0

ASK ABOUT THIS PROPERTY

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314-292-9080

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Igal AlonSmart RentalsMore Info
314-292-9080

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