Map
Link Copied
Listed price in listed location currency (USD).
$760,000

000

MLS® 26028452

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 7056 sqft
Garage 
Taxes $5,255
Days Active 17
Lot Size 
Approx. Age 1880
Avg. Price Per Sqft $107
MLS® Number 26028452

Property Address: 2419 Menard St, Saint Louis, MO, 63104-4329

Average square foot calculated using Size range provided by listing agent.

Description

2417-23 Menard Street presents a rare opportunity to acquire a fully occupied, all-brick historic six-family property in the heart of Soulard — one of St. Louis’ most walkable and highest-demand rental neighborhoods, listed at a in-place 7.19% cap rate with a proforma stabilized cap rate of 10.21%. The property consists of five 1-bedroom units and one oversized 3-bedroom / 2-bath unit, currently generating $7, 044/month ($84, 528 annually) in in-place rental income with additional upside through future lease rollovers and value-add potential. Unit rents are as follows: 2419 ($1, 060/mo), 2419-A ($980/mo), 2421 ($1, 200/mo), 2421-A ($910/mo), 2423 ($1, 120/mo), and 2423-A ($1, 774/mo). The property features hardwood floors, exposed brick, soaring ceilings, updated interiors, and in-unit laundry in select units. Recent improvements include a new roof (2020) and new concrete patio (2022), while the massive gated rear yard offers potential for off-street parking or additional outdoor amenities. The building also features a large unfinished attic that provides the opportunity to convert one of the existing 1BR/1BA units into a 3BR/2BA unit by expanding into the attic space, with projected market rent of approximately $2, 250/month after completion. Located less than half a mile from Anheuser-Busch and just minutes from Downtown St. Louis, tenants enjoy walking-distance access to Soulard’s bars, restaurants, coffee shops, and the historic Soulard Farmers Market — making this one of the most desirable rental locations in the city. This property is currently fully occupied, call agent to schedule a showing, must have preapproval or proof of funds to show. Ask listing agent for additional photos, rent roll, expenses, system ages, etc.
MLS® Number26028452
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 7, 2026List Date
$760,000List Price
  • Commute

Commute

Starting Address
Destination Address
2419 Menard St, Saint Louis, MO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties