Properties

Commercial Sale For Sale

711 Decatur Street, St Charles, Missouri 63301

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Property Description

Rare opportunity to acquire an updated 7-family property with a 2-car garage in St. Charles. The main building includes five units, while two additional units are located in a separate building at the rear of the property. Tenants enjoy access to a fenced backyard and a covered front porch. The main building offers approximately 2,415 sq ft of living space, with an estimated 1,100 sq ft in the rear building, totaling roughly 3,515 sq ft. Currently, six units are occupied. Once fully leased—including the seventh unit and the second garage space (which rents for $50/month)—the property is projected to generate $4,335 per month in gross rental income. There is solid potential for rent increases. The average rent for studio apartments within a 10-mile radius over the past year is $1,207, while one-bedroom units within a 3-mile radius averaged $1,309. Over the past 12 months, the property generated $47,531 in income, with operating expenses totaling $20,540.

Basic Details
Property Type : Commercial Sale
Listing ID : 25028942
Price : $420,000
Year Built : 1930
Lot Area : 0.12 Acre
Status : Active
Property Sub Type : Multi-Family 5+
Features
Heating System : None
Cooling System : Wall Unit(s)
Parking : On Street, Parking Garage
SchoolDistrict : St. Charles R-VI
Taxes Paid : $0
Sewer : Public Sewer
Address Map
Mls Area Major : St. Charles
Neighborhood
Elementary School : Blackhurst Elementary
High School : St. Charles High
High School District : St. Charles R-VI
Middle School : Jefferson / Hardin
Additional Information
Lot Size Dimensions : 39x133
Number Of Units Total : 7
Water Source : Public
Construction Materials : Other, Brick
Financial
Tax Annual Amount : 3614
Listing Information
List Agent Mls Id : JSCHOEN
List Office Mls Id : INVS01
Modification Timestamp : 2025-05-06T16:02:10Z
Originating System Name : MARIS
Special Listing Conditions : None, Other
Status Change Timestamp : 2025-05-02T21:05:43Z
Commercial Sale
  • Listing ID : 25028942
  • Lot Area : 0.12 Acre
$420,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent