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Listed price in listed location currency (USD).
$4,300,000

0016

MLS® 25057527

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 51640 sqft
Garage No
Maintenance Fees 
Taxes $17,632
Days Active 110
Approx. Age 1930
Avg. Price Per Sqft $83
MLS® Number 25057527

Property Address: 3801 Keokuk St, Saint Louis, MO, 63116-4976

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

Description

There are 4 properties (74 units total) being offered as a package. All are beautiful, historic buildings with timeless brick exteriors located in Dutchtown – a historic & vibrant South City STL neighborhood experiencing significant revitalization. Addresses are: 3801-3811 Keokuk St. - 24 units 3858 Bamberger Ave. – 24 units 3763 Keokuk St. – 2 units 4054-4064 S. Grand Blvd. – 24 units Summary below: • Attractive unit mix – Studios, One-Bedroom, & Two-Bedroom floor plans. • Avg. In-place rents are significantly below market rate – offers immediate upside w/ rent increases. • Economies of Scale – owning multiple properties w/in close proximity allows for centralized management, shared maintenance resources, & reduced operational expenses. • Asking Price of $4, 300, 000 ($58k per unit). • Projected Year 1 NOI of $346, 367 w/ reserves, so 8% cap on proforma year one.
MLS® Number25057527
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1930
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2025List Date
$4,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
3801 Keokuk St, Saint Louis, MO

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