Multi-Family for Sale: 1916 Menard Street, St Louis, MO 63104
1916 Menard Street, St Louis, MO 63104
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Est. payment: Skip to Mortgage Calculator
Lot Size: 0.10 acres
Year Built: 1896
City: St Louis
County: St Louis City
School District: St. Louis City
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
Heat Source: Gas
Heating: Forced Air
Parking Description: On Street
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $5,077
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
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1916 Menard Street, St Louis, MO
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Listed by The Agency, Anthony Klier
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