The Excellence of living in Wrapche

Apartment Style

4048 Giles Avenue

St Louis, MO 63116

MLS#: 26036804

$550,000

Status: Active
Listing number: 26036804
Listing provided by: Realty Exchange
Listing agent phone: None
Last update: 9 days ago
On site: 9 days ago
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Grand Blvd Park Add - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1928

Sq.Footage

5,282

Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Brick Veneer

  • Pool

    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

    Apartment Style

Price

  • Sales Price

    $550,000

  • Tax Amount

    $3,178

  • Sq. Footage

    5, 282

  • Price/SqFt

    $104

HOA

  • Association

    No

School District

  • Elementary School

    Meramec Elem.

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Meramec Elem.

Middle School

Fanning Middle Community Ed.

High School

Roosevelt High

Listing Courtesy of Tyler Schwartz , Realty Exchange

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Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.

4048 Giles Avenue

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