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St Louis, MO 63111
$225,000
$81 / sq ft
2,780
Sq Ft Above Grade
0.111
Acres
We are out of hold status while we were waiting for a few bids to come back. Fantastic value in this well maintained four family in Mount Pleasant featuring two renovated vacant units that are rent ready and ideal for investors looking to add immediate income. The other two units are occupied and professionally managed, currently generating $650 and $645 per month. Rents in the area are in the $700-$750 range so there is a lot of upside for the new buyer. The units boast original hard wood flooring, living rooms, and private bedrooms with an attached sunroom. Clean basement with updated electrical panels, PVC stacks, and some PEX plumbing. Perfect for 1031 exchanges, growing investment portfolios, or first-time multi-family buyers. Can be purchased in a package with three other four families 5516 S Grand (MLS# 25076144), 4127 Virginia (26016314), and 4124 Virginia Ave (25076198). Seller is selling as is. No seller financing deals will be considered. Video walk throughs of the occupied units are linked on the listing. The roof is being coated and re-flashed this week. There is a sewer lateral issue that the seller is willing to credit for with a reasonable offer. Those were taken prior to the tenants move in. Two vacant units and the basement can be shown. Occupied unit can be shown with an accepted contract. Schedule this one today!
Listed: February 4, 2026 (96 days on market)
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