The Excellence of living in Wrapche

Other

2221-2223 Rutger Street

St Louis, MO 63104

MLS#: 26026848

$799,900

Status: Pending
Listing number: 26026848
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 13 days ago
On site: 20 days ago
Browse Properties
Moulton Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1887

Sq.Footage

4,672

Turnkey 6-family investment opportunity at 2221–23 Rutger, 4 units occupied and generating immediate cash flow. This well-performing asset features a strong rent roll with current rents ranging from of $895 to $1,295. When fully occupied the gross rent income was $7,035, offering solid income with room for future growth. This property is deal addition to any investor’s portfolio. Whether you are looking to expand your holdings or secure a stabilized asset with reliable returns, this property checks the boxes. It comes with a bonus lot as well, the vacant lot at 2225 Rutger will be included in the sale at no monetary value.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1286

  • Lot Size(square feet)

    5601.82

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $799,900

  • Tax Amount

    $9,518

  • Sq. Footage

    4, 672

  • Price/SqFt

    $171

HOA

  • Association

    No

School District

  • Elementary School

    Sigel Elem. Comm. Ed. Center

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Vashon High

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

St Louis City

Elementary School

Sigel Elem. Comm. Ed. Center

Middle School

Fanning Middle Community Ed.

High School

Vashon High

Listing Courtesy of Dalton Nicholls , EXP Realty, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent seatle wash2

AGENT

seatle wash2

Call seatle today to schedule a private showing.

(980) 555-5555

ivan.sviben+seatle@init.hr


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey 6-family investment opportunity at 2221–23 Rutger, 4 units occupied and generating immediate cash flow. This well-performing asset features a strong rent roll with current rents ranging from of $895 to $1,295. When fully occupied the gross rent income was $7,035, offering solid income with room for future growth. This property is deal addition to any investor’s portfolio. Whether you are looking to expand your holdings or secure a stabilized asset with reliable returns, this property checks the boxes. It comes with a bonus lot as well, the vacant lot at 2225 Rutger will be included in the sale at no monetary value.

2221-2223 Rutger Street

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

6114 Waterman Blvd offers investors or owner occupants the opportunity to acquire a large, well-located two-family asset in one of St. Louis’ strongest rental corridors. Located on one of Skinker-DeBaliviere’s premier streets, just blocks from Washington University and the Delmar Loop, the property is ideally positioned for student renters, roommate groups, graduate students, and professionals seeking proximity to Wash U, and Forest Park. The building contains 2,884 square feet, with each unit offering a spacious three bedroom, one-bath layout. The property is currently vacant, giving a new owner immediate control over the leasing strategy. A buyer can lease both units at market rent, occupy one unit while renting the other, or make additional improvements to further increase rental income over time. The most recent rental history demonstrates strong tenant demand. The units were previously furnished and leased for $3,000 per month and $2,695 per month. If both units were leased at $3,000 per month, the property would generate $72,000 in annual gross rent. The units feature a blend of original character and practical updates, including hardwood floors, large bedrooms, built-in bookshelves and cabinetry, original fireplaces, bay windows, and kitchens that open to rear screened-in porches. Additional features include a private fenced backyard with patio area, updated plumbing, HVAC, and electric systems, and ample basement storage. Both apartments were also recently painted, allowing a new owner to move quickly toward leasing or occupancy. Additional rent upside supported by nearby two-family properties on the same block achieving $4,500/month per unit for more updated units. This property also offers strong projected income for a student occupying the property while generating income and equity at the same time.
#26039288

St Louis

6114 Waterman Boulevard

None Beds

None Baths

2,884 Sq.Ft.

$650,000

MLS#: 26039288

Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood. Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer. The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy. Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres). Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space. All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout. Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof. Investment highlights Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood. Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer. The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy. Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres). Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space. All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout. Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof.
#26038514

St Louis

2901 Nebraska Avenue

None Beds

None Baths

6,400 Sq.Ft.

$745,000

MLS#: 26038514

Price reduced
2417-23 Menard Street is a rare opportunity to own a fully occupied, all-brick historic six-family in the heart of Soulard — one of St. Louis' most walkable and highest-demand rental neighborhoods. Freshly repriced to $752,500, the building offers an in-place cap rate of roughly 7.26% with a proforma stabilized cap rate north of 10.3%. The unit mix features five 1-bedroom units and one oversized 3-bedroom / 2-bath, together generating $7,044/month ($84,528 annually) in in-place rent, with additional upside through lease rollovers and value-add execution. Current rents: 2419 ($1,060), 2419-A ($980), 2421 ($1,200), 2421-A ($910), 2423 ($1,120), and 2423-A ($1,774). Inside you'll find hardwood floors, exposed brick, soaring ceilings, updated interiors, and in-unit laundry in select units. Recent capital improvements include a new roof (2020) and new concrete patio (2022). The massive gated rear yard opens the door to off-street parking or additional outdoor amenities, and a large unfinished attic creates a clear value-add path: convert one of the existing 1BR/1BA units into a 3BR/2BA by expanding into the attic, with projected market rent of approximately $2,250/month upon completion. Seller is motivated to make a deal — and strongly prefers to sell alongside the adjacent lot at 2417 Menard Street. Both are available to package together, offering a buyer added flexibility for parking, expansion, or future development on a single contiguous footprint. Located less than half a mile from Anheuser-Busch and minutes from Downtown St. Louis, tenants enjoy walking-distance access to Soulard's bars, restaurants, coffee shops, and the historic Soulard Farmers Market — one of the most desirable rental locations in the city. Property is currently fully occupied. Call the listing agent to schedule a showing; preapproval or proof of funds required. Ask the listing agent for additional photos, rent roll, expenses, and system ages.
#26028452

St Louis

2419 Menard Street

None Beds

None Baths

7,056 Sq.Ft.

$752,500

MLS#: 26028452

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
#26025368

St Louis

4102 McRee Avenue

None Beds

None Baths

3,780 Sq.Ft.

$675,000

MLS#: 26025368

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after neighborhoods known as "Southwest Garden Neighborhood". The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including quartz/granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.
#26024491

St Louis

4955 Magnolia Avenue

None Beds

None Baths

3,060 Sq.Ft.

$650,000

MLS#: 26024491

Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.
#26023306

St Louis

5001 S Grand Boulevard

None Beds

None Baths

14,000 Sq.Ft.

$895,000

MLS#: 26023306

Price reduced
Motivated seller — he's closing on another property and wants to align closing dates for a 1031 exchange, so schedule your tour and submit your offer ASAP! 2223–2225 Benton Terrace presents a rare opportunity to acquire a fully renovated 4-family property in the heart of DOGTOWN, one of St. Louis’ most desirable and walkable neighborhoods. This is a true turnkey asset, meaning all major renovations have already been completed, allowing a new owner to step in immediately without the need for additional work or capital expenditures. The property consists of three 2-bedroom units and one 1-bedroom unit, all updated with modern finishes and highly attractive to today’s renters . Each unit includes IN-UNIT LAUNDRY, central air, and updated systems, features that significantly reduce vacancy risk and support strong rental demand. What makes this opportunity especially unique is its flexibility. For an owner occupant, one unit is currently vacant and ready for immediate move-in, allowing you to live in the property while the other three units generate income. The existing tenants are already producing approximately $4,395 per month, which can offset a substantial portion of your monthly mortgage. In simple terms, this allows you to live in a fully renovated property in a prime location at a significantly reduced out-of-pocket cost compared to a traditional single-family home. For investors, the property offers a clear and straightforward path to stabilization. Once the vacant unit is leased, the total projected rental income reaches $5,945 per month, or over $71,000 annually . With minimal ongoing maintenance needs and strong in-place rents, this creates a stable, income-producing asset in a high-demand rental corridor. The location further enhances the long-term value of the investment. Situated just steps from Forest Park and within walking distance to Tamm Avenue, residents have easy access to some of the city’s best restaurants, bars, and outdoor amenities. The property is also minutes from Washington University, BJC Hospital, Clayton, and major highways, making it highly attractive to students, medical professionals, and young professionals alike. Whether you are looking to house hack your way into real estate ownership or acquire a stabilized, low-maintenance rental property, 2223–2225 Benton Terrace offers a rare combination of location, condition, and income potential that is difficult to find in today’s market.
#26022282

St Louis

2223 Benton Terrace

None Beds

None Baths

3,750 Sq.Ft.

$750,000

MLS#: 26022282

Price reduced
New Price! Here's your chance to own a quality all-brick four-family in the highly sought after Southwest Garden neighborhood. Close to the Missouri Botanical Gardens, The Hill, Barnes Hospital, WashU Medical School, Forest Park and Tower Grove Park makes for an ideal location. This 4,148 sq ft property has 4 spacious units, with a current vacancy for potential owner/occupant or the perfect "house hacking" opportunity. Building features central heating and cooling throughout, and its high ceilings, refinished hardwood floors and original stain glass windows add to its historic charm. Some newer vinyl windows. Each tenant enjoys dedicated laundry access with washers and dryers provided in the clean, freshly painted basement along with extra storage. Sewer/ lateral lines under basement have been fully replaced. Brand new concrete parking pad with newly replace retaining wall completed in March 2026. New roof 2025. Updated electric. Check out the pictures of each apt and basement.
#26021317

St Louis

4626 Shenandoah Avenue

None Beds

None Baths

4,148 Sq.Ft.

$650,000

MLS#: 26021317

Presenting 3656–3660 Bates Street, a fully leased 8-unit brick apartment building located in South St. Louis. Situated along a residential corridor, the property offers investors a stabilized asset in an established neighborhood with strong rental demand and low tenant turnover. The property consists of eight two-bedroom, one-bathroom units, all of which have been updated in recent years. Units feature efficient layouts, hardwood flooring, ample natural light, and both front and rear private entrances. The building is secured by an electronic entry system and offers off-street parking, new concrete patio and walkways, and newly constructed decks and stairways. Significant capital improvements include a new roof (2021), new foundation (2022), tuckpointing, four new HVAC systems, and four new hot water heaters, positioning the property for minimal near-term capital needs. Conveniently located near public transportation, major highways, shopping, dining, Carondelet Park, and the YMCA.
#26017866

St Louis

3656 Bates Street

None Beds

None Baths

10,584 Sq.Ft.

$840,000

MLS#: 26017866

Turnkey investment opportunity in the heart of historic Soulard. This classic late-19th-century brick 6-unit multifamily property features a well-balanced unit mix of two 2BR/1BA units, two 1BR/1BA units, and two studio apartments—all fully leased, providing immediate and stable cash flow. Showcasing timeless masonry architecture emblematic of the Soulard neighborhood, the property blends historic character with strong tenant appeal. Each unit benefits from dedicated surface parking (one space per unit), a highly desirable amenity in this walkable urban setting. Additional features include convenient access to building systems and the potential to create shared tenant storage, offering further opportunities to enhance functionality and tenant satisfaction. Ideally located within walking distance to Soulard’s vibrant dining scene, cafes, nightlife, and community amenities, this asset is well-positioned for long-term rental demand and future appreciation. A rare chance to acquire a fully occupied, character-rich property in one of St. Louis’ most sought-after historic neighborhoods.
#26017487

St Louis

1711 S 8th Street

None Beds

None Baths

5,048 Sq.Ft.

$849,900

MLS#: 26017487

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Kornelije Josić via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service