Properties

Residential Income For Sale

1000 Danwood Lane Lane Unit 65, Fenton, Missouri 63026

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Property Description

Pinetree Apartments is a 65-unit multifamily property located in the sought-after Fenton area of Jefferson County. Constructed from 1981-1992 and situated on 3.2 acres, the property has been owned and managed by the same family for over 40 years, reflecting strong long-term care and consistent performance. Each unit is all-electric and includes in-unit washer and dryer, with 28 units recently upgraded with new kitchens. The property also features new roofs and an on-site laundry facility. Pinetree offers a rare value-add opportunity with below-market rents and significant upside potential through continued renovations and professional management. The
expansive land provides future flexibility for added amenities or potential expansion.
This is an ideal acquisition for investors seeking stable cash flow with long-term growth
in a strong suburban market.

Basic Details
Property Type : Residential Income
Listing ID : 25051957
Price : $4,800,000
Square Footage : 39,000
Year Built : 1988
Lot Area : 3.21 Acre
Status : Active
Property Sub Type : 5 Family or More
Roof : Pitched/Sloped
Features
Heating System : Baseboard
Cooling System : Wall Unit(s)
Parking : Concrete
Taxes Paid : $0
Architectural Style : Low/1-2
Address Map
Mls Area Major : 389 - Jefferson Co. R-7
Unit Number : 65
Additional Information
Levels : Two
Number Of Units Total : 65
On Market Date : 2025-07-30
Previous Price : 5000000
Water Source : Public
Financial
Tax Annual Amount : 20514
Listing Information
List Agent Mls Id : MZANGARA
List Office Mls Id : AAOA01
Listing Term : 1031 Exchange,Cash,Conventional,Other
Mls Status : Active
Modification Timestamp : 2025-09-11T13:05:38Z
Originating System Name : MARIS
Status Change Timestamp : 2025-07-29T06:30:21Z
Residential Income
  • Listing ID : 25051957
  • Square Footage : 39,000
$4,800,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent