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St Louis, MO 63118
$375,000
0.294
Acres
Picture the possibilities with this historic 14-unit building in the heart of Benton Park West. Built in 1931, this property is rich with original character and timeless architectural details, offering the perfect canvas for a full restoration. This is a true value-add opportunity for the seasoned investor or developer ready to take on a full-scale rehabilitation. While one unit is currently rented and two others are rent-ready, the majority of units require full interior renovation, with varying levels of work needed throughout. Some units have experienced water damage due to roof leaks, and the building will require major improvements including a new roof and updated systems. The classic U-shaped layout with a central courtyard offers strong future appeal for tenants and long-term income potential once restored. Off-street parking for 12 located in the rear of the building. Whether you’re looking to rehab and hold for cash flow or reposition and resell, the upside here is significant. Projects like this don’t come along often: bring your vision, your contractor and your ambition to restore this property to its former glory and unlock its full potential.
Listed: March 31, 2026 (46 days on market)
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