Multi-Family for Sale: 1916 Menard Street, St Louis, MO 63104

1916 Menard Street, St Louis, MO 63104
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Type: Multi-Family
Lot Size: 0.10 acres
Year Built: 1896

City: St Louis
County: St Louis City
School District: St. Louis City
Subdivision: Allnes/Russell

MLS: 23021442
Status: Active
DOM: 49 days
Lucrative investment opportunity to own 8 apartment units in the most prominent Soulard location of St Louis, offering the best walkability in town. Soulard is not only home of the #2 largest Mardi Gras celebration in the US, but also where Anheuser Busch (top employer) is headquartered, the most popular location for Saint Louis University students to live and features the best food + nightlife in St Louis. From their front doors, your tenants will be able to walk to endless destinations or take a 5 minute Uber (free shuttle next door as well) to a Cardinals, Blues, Battlehawks, STL FC game and everything else downtown STL offers. This property features two 2b2b units, two 2b1.5b units, and four 1b1b units. Currently this property brings in $7550/m but by raising the rents to market rent, you should be able to get at least $9000/m. Renovate the units to get +$11,500/m. Tenants love the large fenced in yard (very uncommon in Soulard), being right next to Dukes, and basement storage.

Lot & Building Features

Construction: Brick
Cooling: Electric
Heat Source: Gas
Heating: Forced Air
Parking Description: On Street
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $5,077
Water: Public
Lot Dimensions: 60 x 75 ft

Community and Schools

Elementary School: Sigel Elem. Comm. Ed. Center
Junior High School: Long Middle Community Ed. Center
Senior High School: Roosevelt High

Price History of 1916 Menard Street, St Louis, MO

Date Name Price Difference
04/19/2023 Listing Price $1,280,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1916 Menard Street, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Wayne Failoni
Direct: 314-772-8407
2242 Thurman Ave
Saint Louis, MO 63110
Listed by The Agency, Anthony Klier
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Agency

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