3530 Utah , St Louis, MO 63118
- $3,700,000
Description
The La Maison apartments, located at 3530 Utah Street, the property presents a unique investment in a meticulously restored historic schoolhouse in Tower Grove East. This boutique-style building features a variety of floor plans, including studio, one-bedroom, and two-bedroom units, many of which offer high-demand loft-style layouts. Each apartment is finished with premium finishes, including quartz countertops, custom cabinetry, stainless steel appliances, and original hardwood flooring. The architectural integrity of the building is preserved through soaring ceilings and oversized windows that provide significant natural light. Historic details, such as original built-in bookshelves and vintage chalkboards in select units, offer a distinct character that differentiates this property from standard modern developments.
La Maison presents immediate upside through rent growth and operational efficiencies. The current in-place average rents trail market by ~$275/unit/month, allowing a clear path to increasing cash flow through unit turnover and improved management. Comparable renovated units in the area support the proforma rent assumptions.
Situated near Tower Grove Park, South Grand Retail, SLU Medical and close to Downtown St. Louis, La Maison has significant upside with strong rental demand. La Maison provides an opportunity to acquire a well located asset with income, growth and long term appreciation potential.
Address
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Address: 3530 Utah
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City: St Louis
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State/county: MO
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Zip/Postal Code: 63118
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Area: La Maison
Details
Updated on March 3, 2026 at 11:43 pm-
Property ID 26004323
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Price $3,700,000
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Land Area 0.46 Acres
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Garage Size x x
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Year Built 1905
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Type 5 Family or More, Residential Income
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Property Status Active
Additional details
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Listing Terms Conventional
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Cooling Central Air
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Heating Forced Air
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Flooring Hardwood
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County St Louis City
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Property Type Residential Income
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Parking Additional Parking
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Elementary School Froebel Elem.
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Middle School Fanning Middle Community Ed.
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High School Roosevelt High
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Community Features Gated
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Architectural Style Historic
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