32-Unit Multifamily Investment
4 Bruce Drive, Florissant, MO 63031
Traditional, 2-4 Units - Florissant, MO
Property size:
8,379 SFLot size:
1.48 AcresPrice / SF:
$283/SF- Added:
- Mar 31, 2026
- Days on Market:
- 43
- Last Refresh:
- May 12 at 10:06 pm
Property Features for 4 Bruce Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 08K-61-0627
- Size
- 8,379 SF
- Lot size
- 1.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20168
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Building materials
- Brick
- Architectural style
- New Traditional
Listing agent Jordan Schoen License #2009024331 (314) 255-5117
Listing office Invest St. Louis 2309 Thurman, St. Louis, MO (314) 325-6201
Listing date Mar 31, 2026
MLS# 26013512
Listing URL
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.
HighLights
- Significant value‑add opportunity: below‑market rents with potential to increase.
- Extensive recent renovations: $2.2 million in capital improvements between 2023 and 2026, including electrical system upgrades and central air installation.
- High occupancy with upside: currently 87.5% occupied and in lease‑up.
- Option to purchase entire complex: opportunity to acquire 32 one‑bedroom units for $2,375,000 or the entire 44‑unit complex for $3,500,000.
- Desirable amenities: washer/dryer hookups in units, ample off‑street parking, and spacious common areas.
- Prime location: minutes from Lambert International Airport, major employers, and planned future city park development.
Overview
This offering presents a 32-unit multifamily investment opportunity in Florissant, Missouri, consisting of four eight-family buildings located at 4–16 Bruce Drive. Constructed in the 1960s, the property features one-bedroom units and is part of a larger seven-building apartment community. The property has undergone extensive renovations between 2023 and 2026 totaling more than $2.2 million in capital improvements, including electrical system upgrades, central air installation, and modernization of building infrastructure. The property is currently 87.5% occupied and in lease-up, with rents positioned below market levels, creating a value-add opportunity as leases renew and units stabilize. Select units have been intentionally left vacant to accommodate showings. Investors may acquire the 32-unit one-bedroom portfolio. The seller plans to deliver the property 90% occupied. Additional property features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in units with the potential to add shared laundry facilities for additional income. The property is conveniently located minutes from Lambert International Airport and major employers such as Boeing and Amazon, with nearby land planned for future city park development. The property size is 8379 square feet on a 1.475-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bruce Court
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Florissant
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.340422
- Latitude
- 38.793509
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 32-unit multifamily property in Florissant, MO with value-add potential.
Where is this apartment building located?
The property is located at 4 Bruce Drive Florissant, MO.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Significant value‑add opportunity: below‑market rents with potential to increase.; Extensive recent renovations: $2.2 million in capital improvements between 2023 and 2026, including electrical system upgrades and central air installation.; High occupancy with upside: currently 87.5% occupied and in lease‑up.
