807 Clara Ave - Apartments FOR SALE


Saint Louis, MO 63112- West End St Louis
$1,595,000 USD
314-451-7145
807 Clara Ave, Saint Louis, MO for Sale
$1,595,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

807 Clara Ave
Saint Louis, MO 63112
West End St Louis


HIGHLIGHTS

  • 24 Units - Near Forest Park, Delmar Loop, CWE & Washington University
  • $1M of CapEx Recently Completed
  • All Units Updated
  • Below Market Rents with Upside

OVERVIEW

807 Clara Avenue presents the opportunity to acquire a well-maintained multifamily asset in the City of St. Louis. The property features a classic brick exterior with strong curb appeal, spacious unit layouts, and a proven rental history, making it an attractive investment for both local and out-of-market buyers. Situated on a sizable lot with ample street parking and convenient access to major highways, the property benefits from strong connectivity to Downtown St. Louis, employment centers, educational institutions, and neighborhood amenities. Investors will appreciate the property's durable construction, operational stability, and potential for continued income growth through strategic management and future rent optimization. The surrounding area continues to experience public and private investment, creating long-term upside while providing residents with convenient access to shopping, dining, transportation, and recreational opportunities.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$61 USD /SF

# OF UNITS

25

PRICE/UNIT

$63,800

CAP RATE

Request Cap Rate

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clara Heights Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C

APN/PARCEL ID

4546-00-0250-0

ASK ABOUT THIS PROPERTY

Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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Tim McCarthySalient Realty Group LLCMore Info
314-451-7145

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