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5516 S Grand Boulevard

5516 S Grand Boulevard

St Louis, MO 63111

For Sale MLS# 25076144 181 days on market

$290,000

$274,900

$76 / sq ft

3,627

Sq Ft Above Grade

0.137

Acres

About This Home

Investor’s Dream in South City! Fully occupied 4-family in Carondelet generating $2,900 per month in gross rent and professionally managed for true turnkey convenience. Each unit has been fully renovated—featuring modern kitchens, updated bathrooms, and durable LVP flooring throughout. Photos were taken prior to tenants move in, and are of unit 1N and 2S. All units are identical in layout and finishes. Major updates include a new roof and new right-side plumbing stack, offering peace of mind for years to come. Electric panels are newer and electric in basement has been updated along with PEX plumbing. Tenants enjoy comfortable updated living spaces, while owners benefit from strong cash flow and minimal maintenance. Leases all expire in May of 2026 giving you immediate cash flow and flexibility. Off street parking in the back for the tenants. Conveniently located off Grand for easy access to all the great things South City has to offer, and public transportation. This would be perfect for a "house hacker", or make perfect addition to any investment portfolio! Showing an accepted contract. Could be bought in a package deal with 4127 Virginia (MLS# 26016314) and 4617 Broadway (MLS # 26005828). Sewer lateral needs repairs. Seller willing to credit a buyer for repairs with a reasonable offer. **NO SELLER FINANCING OFFERS**

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Property Details

MLS#25076144
StatusFor Sale
Property TypeResidential Income
Property Sub-Type2-4 Units
Year Built1924
LevelsTwo
Sq Ft Above Grade3, 627
Lot Size Acres0.137
SubdivisionEilers Add
BasementUnfinished, Walk-Out Access
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
Annual Taxes$1, 698 (2024)
Elementary SchoolWoodward Elem.
Middle SchoolLyon-Blow Middle
High SchoolRoosevelt High

Listing History

Listed: November 13, 2025 (181 days on market)

Viewed 1,110 times on this site.

Brokered by Mogul Realty Broker Reciprocity MARIS