Properties

Residential Income For Sale

4731-4737 Alaska, St Louis, Missouri 63111

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Property Description

8 Unit Package in 2 separate 4 family buildings, being sold at a 9.4% cap rate. 100% turnkey and generating a NOI of $72k, these buildings have a little something for anyone seeking cashflow! Two 2 bedroom Units, 6 1 bedroom units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Full photos are linked in the downloadable supporting documentation.

Agent has a relationship with ownership, and they are ready to buy thier next building! Will not separate. No showings without an agreed contract, however showings may be available for a short period in September after a tenant move out. Seller will not finance

Video tour available is of the furnished unit. Some furnishings may have changed slightly.

Basic Details
Property Type : Residential Income
Listing ID : 25057610
Price : $775,000
Square Footage : 8,000
Year Built : 1916
Lot Area : 0.30 Acre
Status : Active
Property Sub Type : 5 Family or More
Roof : Flat
Features
Heating System : Forced Air, Electric
Cooling System : Central Air, Ceiling Fan(s)
Basement : Unfinished, Walk-Up Access
Fence : Fenced, Back Yard, Wood
Patio : Deck, Rear Porch
Parking : On Street, Off Street, Additional Parking, Garage Door Opener, Alley Access, Garage, Parking Pad
SchoolDistrict : St. Louis City
Taxes Paid : $0
Flooring : Wood, Ceramic Tile
Laundry Features : Washer Hookup, In Basement, Electric Dryer Hookup
Utilities : Cable Available
Architectural Style : Traditional
Appliances
Appliances : Dishwasher, Refrigerator, Built-In Electric Oven
Address Map
Directions : Use GPS please. Delor to North on Alaska.
Mls Area Major : 3 - South City
Neighborhood
Elementary School : Woodward Elem.
High School : Roosevelt High
High School District : St. Louis City
Middle School : Long Middle Community Ed. Center
Additional Information
Electric : Ameren
Foundation Details : Stone
Garage : 2
Levels : Two
Lot Features : Front Yard, Back Yard, Many Trees
Number Of Units Total : 8
On Market Date : 2025-09-02
Virtual Tour : https://youtu.be/gUUC6Eed_hU?si=1El9NpI9vDdZsHHl
Water Source : Public
Community Features : Street Lights, Park, Sidewalks, Public Bus
Construction Materials : Brick
Financial
Tax Annual Amount : 3478
Listing Information
List Agent Mls Id : LHHERRER
List Office Mls Id : RLBR01
Listing Term : 1031 Exchange,Cash,Conventional
Mls Status : Active
Modification Timestamp : 2025-09-02T16:02:41Z
Originating System Name : MARIS
Special Listing Conditions : Package
Status Change Timestamp : 2025-09-02T06:30:22Z
Residential Income
  • Listing ID : 25057610
  • Square Footage : 8,000
$775,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent