Discover this prime investment opportunity in St. Louis's vibrant Grove neighborhood (Forest Park Southeast): a 2-building multi-family portfolio. Spanning 0.25 acres on a hard corner at Vandeventer and Sarah St, the site features a partially occupied 2,400 SF 2-family building on 0.11 acres (currently generating rental income, with units like a renovated 1-bed/1-bath listed at $1,195/month) and an adjacent long-vacant 3,308 SF 4-family building on 0.15 acres ready for full rehab—totaling 5,708 SF and 6 units with strong upside potential for value-add investors. Positioned at the planned signalized crossing for the Tower Grove Connector, a 1.8-mile protected cycle track (under construction, with Phase 1 along Vandeventer and Tower Grove Ave connecting to Tower Grove Park, and Phase 2 linking to the Brickline Greenway at Cortex MetroLink by summer/fall 2026), this location promises enhanced accessibility, foot and bike traffic, and connectivity to key destinations like the Cortex innovation district, Forest Park, and Missouri Botanical Garden. Surrounded by popular spots such as Urban Chestnut Grove, Rockwell Beer Co., Grace Meat + Three, Beast BBQ, Seoul Taco, and Serendipity Ice Cream, the property benefits from The Grove's bustling entertainment district, high visibility, and ongoing revitalization—ideal for residential redevelopment or mixed-use potential in an Opportunity Zone. This is a portion of a larger portfolio, all located off of Vandeventer. Call or text for additional information.
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Zillow last checked:
Listing updated:
Listed by:
Jay Q Rios314-486-0231,
Rivers Realty
Source: MARIS,MLS#: 26006708Originating MLS: St. Louis Association of REALTORS
Parking features: Detached, On Site, Oversized, Parking Lot
Garage spaces: 2
Features
Levels: Two
Frontage length: 80
Lot
Size: 0.25 Acres
Features: Corner Lot, Infill Lot, Level
Details
Parcel number: 39932101500
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Apartment Style
Property subtype: Multi Family, Apartment
Materials
Brick
Foundation: Stone
Condition
Fixer
New construction: No
Year built: 1910
Utilities & green energy
Electric: Ameren
Water: Public
Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Connected
Community & HOA
Community
Subdivision: Mcree City Add
HOA
Has HOA: No
Location
Region: Saint Louis
Financial & listing details
Price per square foot: $373/sqft
Annual tax amount: $262
Date on market: 2/7/2026
Cumulative days on market: 12 days
Listing terms: 1031 Exchange,Cash,Conventional,Private,Sell as Entity