Six-Unit Apartment
For Sale
$650,000
2902-2906 Cherokee Street St, Louis, MO 63118
MULTI_FAMILY - Other - St Louis, MO
Property Size7,112 SF
Lot Size0.18 Acres
Price / SF$91.39
Days on Market44
Property Features for 2902-2906 Cherokee Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Patio and Porch features
Patio
Fireplace
1
Basement
Dirt Floor, Unfinished, Concrete
Subdivision
Cherokee Place Add
Lot features
Back Yard, Level
Elementary school
Froebel Elem.
Middle school
Long Middle Community Ed. Center
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
Well-positioned 6-family opportunity with great exposure on Cherokee. This 7,000+ sq. ft. property consists of six units each with consistent true 2 bd, 1 ba floorplans (no walkthrough bedrooms) that support stable, long-term leasing. Each unit offers both front and rear access, w/ covered rear porches overlooking a fenced in backyard. Modern amenities include double pane windows, forced air heat & central AC throughout along with a NEW ROOF in '26, two off-street parking spaces & three separate basements providing options for laundry and tenant storage. Projected rental performance is above the 1% rule, presenting compelling fundamentals for cashflow focused investors. The property benefits from proximity to one of the city's most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you're an owner-occupant or seasoned investor, this income-oriented asset offers scale and simplicity for the disciplined investor looking to grow their portfolio!
Standard status
Active
APN
1576-00-0240-0
Size
7,112 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2054
Utilities
Heating system
Natural Gas, Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
double pane windows
forced air heat
central AC
covered porches
fenced in backyard
laundry capability
Building Details
Year built
1898
Floors in Building
2
Building materials
Stone
Roof type
Flat
Architectural style
Other
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Lance Appleby · License #2016000902
(800) 991-6092
Added: Jun 30
Changed: Aug 1
Last Checked: Aug 12 at 10:06AM
MLS# 26009836
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This six-unit apartment building offers consistent true two-bedroom, one-bath layouts with no walkthrough bedrooms. The property is approximately 7,112 square feet and was built in 1898 with stone construction. Units include front and rear access, plus covered porches overlooking a fenced backyard. Interior finishes and systems include double pane windows, forced air heating, and central air. There is a flat roof and a fireplace feature is indicated.
Each unit also benefits from a dedicated basement/laundry option, with three separate basements providing flexibility for tenant storage. Off-street parking is available with two parking spaces.
The property sits at 2902-2906 Cherokee Street in St. Louis, Missouri, in a rental corridor with exposure on Cherokee. A new roof is planned for 2026. Water is provided by a public source.
Each unit also benefits from a dedicated basement/laundry option, with three separate basements providing flexibility for tenant storage. Off-street parking is available with two parking spaces.
The property sits at 2902-2906 Cherokee Street in St. Louis, Missouri, in a rental corridor with exposure on Cherokee. A new roof is planned for 2026. Water is provided by a public source.
Key Highlights
- Six units with consistent true two‑bedroom, one‑bath layouts
- Approximately 7,112 SF apartment building with stone construction and flat roof
- Front and rear access plus covered porches overlooking a fenced backyard
Property Analytics
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
Explore this area
Business Placement
Demographics for 63118, MO
25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building with six units, central air, and off-street parking.
Where is this apartment building located?
The property is located at 2902-2906 Cherokee Street St Louis, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six units with consistent true two‑bedroom, one‑bath layouts; Approximately 7,112 SF apartment building with stone construction and flat roof; Front and rear access plus covered porches overlooking a fenced backyard
