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St Louis, MO 63104
$595,000
0.209
Acres
Turnkey 5-Unit Investment in the Heart of Soulard This fully occupied, 5-unit multifamily property offers immediate cash flow and strong rental stability in one of St. Louis’ most desirable historic neighborhoods. Located on Shenandoah Avenue, close to Soulard Farmers Market, restaurants, bars, and entertainment. This prime location consistently attracts quality tenants who want to live in a walkable neighborhood with easy access to downtown St. Louis and highways. Key Highlights: Fully Occupied with $4,225 in total monthly rent ($50,700 annually); Long-term tenants providing excellent payment history and rental stability; Low-maintenance ownership; Units are clean and bright; Off street parking; two basements one with tenant laundry and storage. Great value-add opportunity with built-in upside through future rent growth
Listed: May 11, 2026 (1 days on market)
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