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8-Unit Brick Apartment Building
For Sale
$499,900

4048 Giles Avenue St, Louis, MO 63116

Residential Income, St Louis, MO

Property Size5,282 SF
Lot Size0.13 Acres
Price / SF$94.64
Days on Market31

Property Features for 4048 Giles Avenue St

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Basement Concrete
Subdivision Grand Blvd Park Add
Elementary school Meramec Elem.
Middle school Fanning Middle Community Ed.
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Standard status Active
APN 2587-00-0550-0
Size 5,282 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3178

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s), Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1928
Floors in Building 2
Number of units 8
Building materials Brick Veneer
Architectural style Other
Listing Agency: Realty Exchange · Coldwell Banker Real Estate
Listed By: Tyler Schwartz · License #2023045052
Added: Jul 22 Changed: Aug 19 Last Checked: Aug 21 at 6:06AM
MLS# 26036804

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 8-unit apartment property at 4048 Giles Avenue in St. Louis contains eight 1-bedroom, 1-bathroom residences within a 5,282-square-foot brick veneer building constructed in 1928. Two apartments have received extensive renovations and include central air conditioning. The property also offers forced-air heating, public water service, and basement space.

An attached 4-car garage provides dedicated parking and the potential for separate garage or parking rentals. Ownership installed eight new furnaces and upgraded the electrical services in May 2026, addressing major building infrastructure. The property occupies 0.1286 acres in St. Louis City, within ZIP Code 63116.

Key Highlights

  • 8 units, each configured as a 1‑bedroom, 1‑bathroom apartment
  • 5,282 square feet on 0.1286 acres
  • Two renovated units include central air conditioning

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

803
Businesses Nearby

Demographics for 63116, MO

41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recent capital improvements include renovated units, new furnaces, and upgraded electrical service.
Where is this apartment building located?
The property is located at 4048 Giles Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8 units, each configured as a 1‑bedroom, 1‑bathroom apartment; 5,282 square feet on 0.1286 acres; Two renovated units include central air conditioning
More about this property
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