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St Louis, MO 63139
$799,500
$213 / sq ft
3,750
Sq Ft Above Grade
0.139
Acres
2223–2225 Benton Terrace presents a rare opportunity to acquire a fully renovated 4-family property in the heart of DOGTOWN, one of St. Louis’ most desirable and walkable neighborhoods. This is a true turnkey asset, meaning all major renovations have already been completed, allowing a new owner to step in immediately without the need for additional work or capital expenditures. The property consists of three 2-bedroom units and one 1-bedroom unit, all updated with modern finishes and highly attractive to today’s renters . Each unit includes IN-UNIT LAUNDRY, central air, and updated systems, features that significantly reduce vacancy risk and support strong rental demand. What makes this opportunity especially unique is its flexibility. For an owner occupant, one unit is currently vacant and ready for immediate move-in, allowing you to live in the property while the other three units generate income. The existing tenants are already producing approximately $4,395 per month, which can offset a substantial portion of your monthly mortgage. In simple terms, this allows you to live in a fully renovated property in a prime location at a significantly reduced out-of-pocket cost compared to a traditional single-family home. For investors, the property offers a clear and straightforward path to stabilization. Once the vacant unit is leased, the total projected rental income reaches $5,945 per month, or over $71,000 annually . With minimal ongoing maintenance needs and strong in-place rents, this creates a stable, income-producing asset in a high-demand rental corridor. The location further enhances the long-term value of the investment. Situated just steps from Forest Park and within walking distance to Tamm Avenue, residents have easy access to some of the city’s best restaurants, bars, and outdoor amenities. The property is also minutes from Washington University, BJC Hospital, Clayton, and major highways, making it highly attractive to students, medical professionals, and young professionals alike. Whether you are looking to house hack your way into real estate ownership or acquire a stabilized, low-maintenance rental property, 2223–2225 Benton Terrace offers a rare combination of location, condition, and income potential that is difficult to find in today’s market.
Listed: April 16, 2026 (27 days on market)
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