00000 Street Name,
St. Louis, Missouri, 63116

Locked Content

St. Louis, Missouri, 63116

Locked Content

Sold

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00000 Street Name,
St. Louis, Missouri, 63116

Locked Content

St. Louis, Missouri, 63116

Asking price$169,900
Property TypeMulti family home
Showing dateNot set yet

Property Sold - Contact Us

- Bedrooms
  4
- Bathrooms
  4
- sqft
  -

Property details

# A Great Investment Opportunity in St. Louis, Missouri

## Property Details

A classic brick quadruplex featuring 4 bedrooms, 4 bathrooms, and 3,216 sqft of living space on a 5,625 sqft lot with a 4-car detached garage.
• Roof: Not specified
• Furnace: Not specified
• AC: Not specified
• Plumbing: Requires essential repairs (cast iron stack replacement and water service work)
• Electrical Panel: Requires basic upgrades for code compliance
• Water Heater: Not specified

The property is currently rented with 3 out of 4 units occupied. Seller will provide leases, applications with tenant social security numbers, and rent ledgers within 5 business days of execution.

## Investment Highlights
• **Income-Producing Multi-Family Property** - Currently generating rental income with 3 occupied units at $500/month per apartment
• **Strong Rent Growth Potential** - Market rents range from $800-$1,100/month per unit; potential monthly gross income of $3,600 after repositioning
• **Hot Market Conditions** - The 63116 ZIP code shows 8.6% year-over-year appreciation with positive multifamily absorption and projected 3.6% rent growth through 2025
• **Proven Comparable Sales** - Recent as-is comp sold for $160k in just 16 days (September 2025), demonstrating strong market demand
• **Strong Track Record in Area** - This ZIP code has seen 41 closed deals with a 59% sales success rate and average buyer interest of 14 investors per property
• **Bottom of Market Entry Point** - Contract price of $164,000 with ARV potential of $290k-$300k when renovated to rental standard

## Financial Summary
• ARV (After Repair Value): $290,000 - $300,000

**A Wonderful Rental Investment Opportunity!**

Click here to view the full gallery.

Locked Content

Year Built: 1939
Above Ground Area: -
Bedrooms: 4
Bathrooms: 4
Basement: Unfinished Basement
Garage: Detached Garage

This is an assignable contract for sale. All properties are sold As-Is for cash or hard money, which shall be verified by Seller. Minimum of $5,000 or a 3% of the sale price, which ever is higher, non-refundable earnest deposit is required along with a 21 day or less closing period. Opinions of value / rents / repairs are given as a courtesy and no guarantees are expressed or implied. All properties subject to errors, omissions, deletions, additions, cancellation. All properties sold in as-is conditions, where is with absolutely no warranty, no disclosure and no representations written or oral. Buyer is to do their own independent inspections and due diligence. Property will not be considered under contract until signed contract and earnest money is received, with all contingencies removed.

Location

St. Louis, Missouri 63116

Buying Process

We've simplified the buying process so you can focus on what matters: growing your portfolio or securing your very first property.

Here's how we work together to get you the keys.

We Scout the Best Deals: Our team constantly uncovers discounted properties and secures them under contract so you don't have to.
Explore Your Options: Visit 7minuteshousedeals to browse property specs, high-res photos, and walk-through videos of our latest finds.
See It for Yourself: Spot something you like? Book a showing through the site, and we'll send you a personalized viewing time.
Share Your Thoughts: After the tour, let us know your feedback. We're here to answer any questions you have.
Easy Paperwork: Ready to move forward? Just say the word, and we'll send over our straightforward contract.
Secure the Deal: Once your offer is accepted, you'll have 24 hours to deposit the Earnest Money Deposit (EMD) to lock it in.
Support to the Finish Line: Our dedicated transaction coordinator will stay by your side, guiding you through every step toward closing.
Welcome Home: Once the title is clear and the docs are signed, the property is officially yours. Congratulations!

Frequently Asked Questions

Notify us as soon as possible. Wholesale properties often move quickly, so responding quickly ensures you have a better chance of securing the deal.

Absolutely. Due to the delicate nature of the situation, we typically allow one walk-through before making an offer. This one-hour visit is intended to confirm the property's condition, as all key details are already provided in the marketing materials.

Simply head over to our Contact Us page and send us an email or give us a call. The telephone tends to be the quickest way to reach out to us. Once you connect with us and you want to purchase the property, we will send you our contract with all the details you need to know, including our title company, Earnest Money amount, and closing date.