Rare opportunity to acquire an 8-unit mixed-use property with prime exposure along Grand Blvd. This property consists of 7 residential 1 bed/1 bath units and 1 storefront commercial space, offering a diverse income stream and strong long-term upside. Spanning over 5,000 square feet, the building features a full basement for additional storage, a fenced-in backyard, and a 5-car detached garage with a newer roof—adding both functionality and potential additional income opportunities. Located within walking distance to local shops, grocery stores, restaurants, and with easy access to public transportation, this property benefits from strong rental demand and a highly accessible location. This is a true value-add opportunity, ideal for investors looking to reposition and maximize returns. With projected rents of approximately $800 per residential unit, the property offers excellent cash flow potential once renovated and stabilized. Property is being sold as-is and presents a great opportunity for the right buyer to restore and unlock its full income-producing potential.
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Zillow last checked:
Listing updated:
Listed by:
Richie T Fisher314-277-1424,
Keller Williams Chesterfield
Source: MARIS,MLS#: 26020836Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Cooling
None
Appliances
Included: None
Features
Flooring: Ceramic Tile
Basement: Full,Unfinished
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 5,410
Total interior livable area: 5,410 sqft
Finished area above ground: 5,410
Property
Parking
Total spaces: 5
Parking features: Alley Access, Detached
Garage spaces: 5
Features
Levels: Two
Patio & porch: Deck
Exterior features: Private Yard
Fencing: Fenced,Wood
Lot
Size: 7,000 Square Feet
Features: City Lot, Level, Near Public Transit
Details
Parcel number: 15950001600
Special conditions: Listing As Is
Construction
Type & style
Home type: MultiFamily
Architectural style: Apartment Style,Traditional
Property subtype: Multi Family, Apartment
Materials
Brick
Foundation: Concrete Perimeter
Condition
Year built: 1912
Utilities & green energy
Electric: Ameren
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected