6 apartment units in beautiful Benton Park, fully leased and currently generating $6,925/month in income. This property brings in $83,100/annually and with the expenses being $16,532/annually, this makes the in-place cap rate an attractive 8.21%. Every unit is fully updated with in-unit laundry, hardwood floors & nice finishes throughout. The Benton Park location is walking distance to Benton Park Cafe, Venice Cafe, Blue City Deli, Saturn Lounge Record Bar, Gus’s Pretzel, Peacemaker Lobster & Crab, Frazier’s Restaurant, Imos Pizza, Station #3 Vegan Food, & many more. This sale includes 6 units among 2 buildings with a shared courtyard. All units are 1bed/1bath and rents range from $1025-$1250/month. Amazing investment opportunity to own 6 units in one of the best areas of St Louis City, fully leased with great rents. Brings in $6,925/month currently or $83,100/annually Expenses are $1377/month or $16,532/annually The in-place cap rate is 8.21%
Mls | 24073702 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1890 |
Days On Site | 10 |
Listing Provided By | The Agency | Anthony Klier |
Units | 6 |
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Acreage | 0.07 |
Date | Sales | Average Price Per Sqft | Average Min Sale Price | Average Max Sale Price | Average Median Sale Price |
---|---|---|---|---|---|
Date: Nov 2024 | Sales: 4 | Average Price Per Sqft: $69.48 | Average Min Sale Price: $1,495 | Average Max Sale Price: $195,000 | Average Median Sale Price: $142,500 |
Date: Oct 2024 | Sales: 13 | Average Price Per Sqft: $102.3 | Average Min Sale Price: $1,300 | Average Max Sale Price: $375,000 | Average Median Sale Price: $250,000 |
Date: Sep 2024 | Sales: 21 | Average Price Per Sqft: $101.79 | Average Min Sale Price: $1,450 | Average Max Sale Price: $570,000 | Average Median Sale Price: $195,000 |
Date: Aug 2024 | Sales: 9 | Average Price Per Sqft: $96.73 | Average Min Sale Price: $775 | Average Max Sale Price: $429,000 | Average Median Sale Price: $210,000 |
Date: Jul 2024 | Sales: 6 | Average Price Per Sqft: $83.97 | Average Min Sale Price: $800 | Average Max Sale Price: $484,900 | Average Median Sale Price: $176,000 |
Date: Jun 2024 | Sales: 1 | Average Price Per Sqft: $115.29 | Average Min Sale Price: $279,000 | Average Max Sale Price: $279,000 | Average Median Sale Price: $279,000 |
Date: May 2024 | Sales: 2 | Average Price Per Sqft: $47.07 | Average Min Sale Price: $100,000 | Average Max Sale Price: $425,000 | Average Median Sale Price: $262,500 |
Date: Apr 2024 | Sales: 1 | Average Price Per Sqft: $152.37 | Average Min Sale Price: $115,500 | Average Max Sale Price: $115,500 | Average Median Sale Price: $115,500 |
Date: Mar 2024 | Sales: 1 | Average Price Per Sqft: $96.12 | Average Min Sale Price: $218,000 | Average Max Sale Price: $218,000 | Average Median Sale Price: $218,000 |
Date: Dec 2023 | Sales: 1 | Average Price Per Sqft: $78.53 | Average Min Sale Price: $165,700 | Average Max Sale Price: $165,700 | Average Median Sale Price: $165,700 |
Nov 2024 | |
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Sales: | 4 |
Average Price Per Sqft: | $69.48 |
Average Min Sale Price: | $1,495 |
Average Max Sale Price: | $195,000 |
Average Median Sale Price: | $142,500 |
Oct 2024 | |
Sales: | 13 |
Average Price Per Sqft: | $102.3 |
Average Min Sale Price: | $1,300 |
Average Max Sale Price: | $375,000 |
Average Median Sale Price: | $250,000 |
Sep 2024 | |
Sales: | 21 |
Average Price Per Sqft: | $101.79 |
Average Min Sale Price: | $1,450 |
Average Max Sale Price: | $570,000 |
Average Median Sale Price: | $195,000 |
Aug 2024 | |
Sales: | 9 |
Average Price Per Sqft: | $96.73 |
Average Min Sale Price: | $775 |
Average Max Sale Price: | $429,000 |
Average Median Sale Price: | $210,000 |
Jul 2024 | |
Sales: | 6 |
Average Price Per Sqft: | $83.97 |
Average Min Sale Price: | $800 |
Average Max Sale Price: | $484,900 |
Average Median Sale Price: | $176,000 |
Jun 2024 | |
Sales: | 1 |
Average Price Per Sqft: | $115.29 |
Average Min Sale Price: | $279,000 |
Average Max Sale Price: | $279,000 |
Average Median Sale Price: | $279,000 |
May 2024 | |
Sales: | 2 |
Average Price Per Sqft: | $47.07 |
Average Min Sale Price: | $100,000 |
Average Max Sale Price: | $425,000 |
Average Median Sale Price: | $262,500 |
Apr 2024 | |
Sales: | 1 |
Average Price Per Sqft: | $152.37 |
Average Min Sale Price: | $115,500 |
Average Max Sale Price: | $115,500 |
Average Median Sale Price: | $115,500 |
Mar 2024 | |
Sales: | 1 |
Average Price Per Sqft: | $96.12 |
Average Min Sale Price: | $218,000 |
Average Max Sale Price: | $218,000 |
Average Median Sale Price: | $218,000 |
Dec 2023 | |
Sales: | 1 |
Average Price Per Sqft: | $78.53 |
Average Min Sale Price: | $165,700 |
Average Max Sale Price: | $165,700 |
Average Median Sale Price: | $165,700 |
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of December 7, 2024 at 5:21:45 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Attachments | |
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State | MO |
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County | St Louis City |
City | St Louis |
Zip Code | 63118 |
Area | Central East |
Community Name | Julia C Soulards Add 02 |
School District | Roosevelt High |
Elementary School | Monroe Elem. |
Middle School | Fanning Middle Community Ed. |
High School | Roosevelt High |
Listing VS Median (in Julia C Soulards Add 02) | |
Price: $760,000 low | high Med: $0 On Site: 10 low | high Med: |
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and the firm stated above do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
Listings courtesy of Kansas City Regional Association of REALTORS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.