UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 7,112 sqft
Price per Sqft $91
Subdivision Cherokee Place Add
MLS Listing ID 26009836
Style Traditional
Year Built 1898
Annual Tax Amount $2,054
Lot Size 7,679 Sqft
Acres 0.1763
Property Sub-Type 5 Family or More
Property Description
Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage.
Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy.
Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city's most active and culturally vibrant corridors, known for its retail, dining, and arts district.
Whether you're an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.
Location
State MO
County St Louis City
Area 2 - Central East
Rooms
Basement Concrete, Dirt Floor, Unfinished
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Fireplaces Number 6
Fireplaces Type Decorative
Fireplace Y
Exterior
Parking Features false
Fence Back Yard
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Roof Type Flat
Building
Lot Description Back Yard, Level
Story 2
Water Public
Level or Stories Two
Structure Type Stone
Schools
Elementary Schools Froebel Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby School & Business
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477