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    2722 Miami St St Louis, MO 63118

    Under Contract
    For Sale
    $680,000

    Apartment Style,Mid-rise 3or4 Story, 5 Family or More - St Louis, MO

    Property size:
    6,828 SF
    Lot size:
    0.05 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 2722 Miami St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    APN
    1641-00-0190-0
    Basement Y/N
    1
    Size
    6,828 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    6
    Building materials
    Brick
    Architectural style
    Other

    Salient Realty Group, LLC (314) 374-3687 [email protected]

    Listing agent Timothy McCarthy (314) 374-3687 License #2019034093

    Listing date Nov 11, 2025

    MLS# 25069073 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Building in St. Louis

    The property at 2722 Miami Street is a fully renovated 6-unit multifamily building located in St. Louis. Each unit features 2 bedrooms and 2 bathrooms. A full gut rehabilitation was completed in 2020, which included new plumbing, electrical systems, water heaters, a new roof, new flooring, modern kitchens with updated appliances, and in-unit washer/dryers. The property delivers a 9.70% gross cap rate when fully occupied. Currently, 5 of the 6 units are rented, with a pro forma of $7,200 monthly income and approximately $65,860 annual net operating income. Each renovated unit earns above-market rents, offering investors a turnkey, high-return asset with immediate cash flow. The building has a total size of 6,828 square feet and is situated on a lot of 0.0488 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.22941611
    Latitude
    38.59031979

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 6-unit building with immediate cash flow potential.
    Where is this apartment building located?
    The property is located at 2722 Miami St St Louis, MO.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Fully renovated in 2020 with new plumbing, electrical, water heaters, roof, flooring, and modern kitchens.; - High-return asset with a **9.70% gross cap rate** when fully occupied.; - **Turnkey investment property** with immediate cash flow.
    (314) 374-3687
    Request Owner's contact information
    2722 Miami St St Louis, MO 63118
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    2722 Miami St St
    Louis, MO 63118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2722 Miami St St Louis, MO 63118
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