4223 Ellenwood Avenue, St Louis, MO 63116
- $1,375,000
4223 Ellenwood Avenue, St Louis, MO 63116
- $1,375,000
Description
Here is an opportunity to own a newly renovated solid brick building with long-term tenants. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4219-21 Ellenwood (8 units) and 4223-25 Ellenwood (8 units). About 3/4th of the units are renovated and updated with newer bathrooms, kitchens, appliances etc. leaving some room for further renovations and upside. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long-term happy tenants, steady and reliable cash flow with some leases going into 2027. Solid investment in a great rental area with upside potential. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8.6% CAP rate.
Address
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Address: 4223 Ellenwood Avenue
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City: St Louis
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State/county: MO
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Zip/Postal Code: 63116
Details
Updated on February 20, 2026 at 8:00 pm-
Property ID 26009714
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Price $1,375,000
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Land Area 0.27 Acres
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Garage Size x x
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Year Built 1927
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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 1031 Exchange,Cash,Conventional
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Roof Flat
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Utilities Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
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Cooling Central Air
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Heating Forced Air
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Flooring Ceramic Tile,Hardwood,Luxury Vinyl
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County St Louis City
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Property Type Residential Income
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Parking Off Street
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Elementary School Buder 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 Sidewalks
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Architectural Style Apartment Style
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