Incredible opportunity to purchase a 5 unit, fully updated building located in the vibrant Grove Neighborhood and across from Rockwell Brewing. These spacious apartments blend modern updates with classic charm. Each unit features hardwood floors throughout, in-unit washer and dryer, central air, stainless steel appliances, quartz countertops, updated kitchens, built-in bookshelves, and an abundance of natural light from large updated windows. The property offers several amenities: shared lounge overlooking looking a private, walled courtyard and secured parking in the rear garage.
In-place rents are averaging ~$1,371/month with several units currently leased below market but have significant upside. The property has already proven the ability to command higher rents at $1,500/month. This is a low-lift value add opportunity for investors to purchase a stabilized, well-maintained asset with proven rent upside.
Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#2838 +post_id: "25726" +post_author: 1 +"ListingKey": "MIS204018281" +"ListingId": "25052782" +"PropertyType": "Residential Income" +"PropertySubType": "5 Family or More" +"StandardStatus": "Active" +"ModificationTimestamp": "2025-07-31T17:19:38Z" +"RFModificationTimestamp": "2025-07-31T17:21:49Z" +"ListPrice": 875000.0 +"BathroomsTotalInteger": 0 +"BathroomsHalf": 0 +"BedroomsTotal": 0 +"LotSizeArea": 0 +"LivingArea": 4314.0 +"BuildingAreaTotal": 0 +"City": "St Louis" +"PostalCode": "63110" +"UnparsedAddress": "1337 Vandeventer Avenue, St Louis, Missouri 63110" +"Coordinates": array:2 [ 0 => -90.25202696 1 => 38.62565081 ] +"Latitude": 38.62565081 +"Longitude": -90.25202696 +"YearBuilt": 1889 +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListAgentFullName": "Timothy McCarthy" +"ListOfficeName": "Salient Realty Group, LLC" +"ListAgentMlsId": "TMCCARTH" +"ListOfficeMlsId": "SLRG01" +"OriginatingSystemName": "MARIS" +"PublicRemarks": """ Incredible opportunity to purchase a 5 unit, fully updated building located in the vibrant Grove Neighborhood and across from Rockwell Brewing. These spacious apartments blend modern updates with classic charm. Each unit features hardwood floors throughout, in-unit washer and dryer, central air, stainless steel appliances, quartz countertops, updated kitchens, built-in bookshelves, and an abundance of natural light from large updated windows. The property offers several amenities: shared lounge overlooking looking a private, walled courtyard and secured parking in the rear garage. \n \n In-place rents are averaging ~$1,371/month with several units currently leased below market but have significant upside. The property has already proven the ability to command higher rents at $1,500/month. This is a low-lift value add opportunity for investors to purchase a stabilized, well-maintained asset with proven rent upside. 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These spacious apartments blend modern updates with classic charm. Each unit features hardwood floors throughout, in-unit washer and dryer, central air, stainless steel appliances, quartz countertops, updated kitchens, built-in bookshelves, and an abundance of natural light from large updated windows. The property offers several amenities: shared lounge overlooking looking a private, walled courtyard and secured parking in the rear garage. \n \n In-place rents are averaging ~$1,371/month with several units currently leased below market but have significant upside. The property has already proven the ability to command higher rents at $1,500/month. This is a low-lift value add opportunity for investors to purchase a stabilized, well-maintained asset with proven rent upside. 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