3119 Morganford Road is a 12-unit multifamily investment opportunity located in the highly desirable Tower Grove South neighborhood of St. Louis. This well-maintained property features all 1-bedroom/1-bathroom units and is currently 100% occupied, providing stable in-place cash flow from day one. Originally constructed in the 1960s, the building has been thoughtfully updated with modern finishes, including renovated units featuring stainless steel appliances, contemporary cabinetry, and in-unit washers and dryers. Residents benefit from off-street parking and immediate proximity to Tower Grove Park, neighborhood shopping, dining, public transportation, and major employment centers. Convenient access to I-44, Downtown St. Louis, and the broader metro area supports continued tenant demand. Strong occupancy history, proven South City location, and the potential for future revenue growth through strategic rent increases and operational efficiencies make this an attractive investment opportunity.
Active
Listed by: CBRE • Matt Bukhshtaber • 314-632-6685
$1,650,000
3119 Morganford Rd, Saint Louis, MO 63116
1beds
1baths
9,000sqft
Multi Family, Apartment
Built in 1962
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Off-street parkingContemporary cabinetryStainless steel appliancesRenovated unitsIn-unit washers and dryers
- 27 days
- 400
- 25
Zillow last checked:
Listing updated:
Listed by:
Matt Bukhshtaber 314-632-6685,
CBRE,
Max P Barron 314-655-5862,
CBRE
Source: MARIS,MLS#: 26066780
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Has fireplace: No
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 9,374 Square Feet
Details
- Parcel number: 50540001700
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style,Low/1-2
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Roof: Flat
Condition
- Year built: 1962
Community & HOA
Community
- Subdivision: Scullins Add
HOA
- Has HOA: No
Location
- Region: Saint Louis
Financial & listing details
- Price per square foot: $183/sqft
- Annual tax amount: $7,622
- Date on market: 10/16/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $1,650,000$183/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Tower Grove South
Nearby schools
Schools provided by the listing agent
- Elementary: Mason Elem.
- Middle: Long Middle Community Ed. Center
- High: Roosevelt High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







