Rare opportunity in the heart of WEBSTER GROVES — a turnkey, income-producing FIVE-UNIT brick multifamily compound just steps from the shops, restaurants and charm of OLD WEBSTER. Two solid, well-built mid-century brick buildings deliver a smart mix of four one-bedroom homes and one spacious two-bedroom, and the property lives large… Read More with FIVE PRIVATE GARAGE SPACES across two detached garages, private yards and patios, and generous off-street parking — a genuinely rare find in this walkable neighborhood. This is a true VALUE-ADD play with income already in place. TWO units — the spacious two-bedroom and one of the one-bedrooms — are already beautifully renovated to the same high standard, featuring quartz countertops, stainless appliances, in-unit washer and dryer, tiled baths and wide-plank flooring. At market, the renovated two-bedroom commands roughly $1,695 and the renovated one-bedroom about $1,395. The remaining THREE one-bedrooms are leased month-to-month at just $995 each, leaving clear and immediate upside to simply raise rents or renovate to the same proven finishes for an estimated $1,395 per unit. Best of all, every unit is SEPARATELY METERED — electric, gas, water, sewer and trash bill directly to tenants — so essentially only taxes and insurance fall to ownership, driving a strong stabilized return. Location is everything, and this one delivers: top-rated WEBSTER GROVES schools, an 80-plus walk score, and roughly nine miles to downtown St. Louis. See the MLS SUPPLEMENTS for the full Offering Memorandum with additional detail, or ask the listing agent. SHOWINGS ARE EXPECTED TO START 7/16. A property like this in a location like this does not last — schedule your showingbefore it is GONE FOREVER! Read Less
Listing courtesy of The Agency, 314-677-1477.
Listing Snapshot
Days Online
4
Last Updated
Property Type
5 Family Or More
Lot Size
0.44 Acres
Year Built
1950
MLS Number
26043885
Additional Details
Building
Architectural Style: "Ranch", Construction Materials: "Brick", Living Area: 2991 Sq. Ft., Year Built: 1950
Community
Number Of Units In Community: 5
Cooling
Cooling: "Central Air"
Disclosures
Disclosures: "None"
Garage
5 garage spaces, Garage Included
Heating
Heating: "Forced Air"
Lot
Lot Size Acres: 0.437, Lot Size Source: Public Records, Lot Size Square Feet: 19035.72 Sq.Ft.
Property
Property Sub Type: 5 Family or More
Taxes
Annual Tax Amount: 9233, Tax Year: 2025
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