4343 Manchester, St Louis, MO 63110 – 25066882

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Nancho Rodriguez

nancho@stlhometown.com +1(314) 297-6494

$2,375,000

Est. payment - /mo

13,824 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 13,824 sqft

Price per Sqft $171

Subdivision Mcree Place

MLS Listing ID 25066882

Style Apartment Style

Year Built 1899

Annual Tax Amount $18,751

Property Sub-Type 5 Family or More

Property Description

Welcome to a one-of-a-kind investment opportunity in the heart of The Grove, one of St. Louis' most vibrant and sought-after neighborhoods. This 19-unit building offers the perfect mix of residential and retail income, with tremendous value-add potential for the next owner. The property consists of 17-1bd/1ba, 1-2bd/1ba, and a retail space which is a successful restaurant. The units have in-unit washer and dryer and the property has modern systems and finishes throughout. With below-market rents, an established retail tenant, and continued demand in this high-growth corridor, this asset is primed for long-term appreciation and improved cash flow. Whether you're looking to stabilize a solid asset or reposition for maximum return, this property delivers on both fronts. Just minutes from Barnes-Jewish Hospital, Washington University, and Saint Louis University, this property sits at the center of major employment hubs and student populations. Don't miss your chance!

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Gas

Fireplace N

Appliance Dishwasher, Microwave, Oven, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

View Y/N No

Private Pool false

Building

Story 2

Water Public

Level or Stories Two

Structure Type Brick Veneer

Schools

Elementary Schools Adams Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Vashon High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

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Listed by James Anderson • Salient Realty Group, LLC

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Nancho Rodriguez

+1(314) 297-6494

Agent | License ID: 2018006602

Agent License ID: 2018006602

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4343 Manchester St Louis, MO 63110

Nancho Rodriguez

Key Details

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