16-Unit Apartment Complex in St.
4981 Rosalie Street St, Louis, MO 63115
- Added:
- Apr 20, 2026
- Days on Market:
- 32
- Last Refresh:
- May 21 at 2:06 pm
Property Features for 4981 Rosalie Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Security features
- Smoke Detector(s)
- Standard status
- Pending
- APN
- 5493-00-0150-0
- Size
- 11,548 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5054
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Electric, Multi Units, Window Unit(s)
Building Details
- Year built
- 1928
- Building materials
- Brick
- Architectural style
- Other
Listing agent Jordan Schoen License #2009024331 (314) 255-5117
Listing office Invest St. Louis 2309 Thurman, St. Louis, MO (314) 325-6201
Listing date Apr 20, 2026
MLS# 26003058
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
- Value‑add opportunity: Increase rents from $540 to market rates ($756) after renovations.
- Potential for a 10% cap rate after stabilization with current market rents.
- Sixteen 1‑bedroom, 1‑bathroom units.
- Section 8 option with potential HUD market rent of $984 per unit.
- Pro‑forma cap rate of 13.7% based on $984 rents after renovations.
- Motivated seller.
Overview
This 16-unit apartment complex in St. Louis, MO, presents a value-add opportunity with existing income and significant potential for increased returns. The property features sixteen 1-bedroom, 1-bathroom units, a layout supported by consistent local rental demand. The building encompasses approximately 11,548 square feet and is situated on a 0.372-acre lot. Currently, five units are occupied, and there is an opportunity to renovate the vacant units. The average rent is currently $540. Strategic renovations and rent repositioning to align with current market averages can increase rents. Area rental data indicates average market rents of approximately $756 for comparable 1-bedroom units within a 3-mile radius. The property is well-suited for an investor prepared to execute a thoughtful rehab plan and unlock long-term cash flow. The building would benefit from comprehensive electrical and plumbing upgrades, along with renovations and updates to the vacant units. Section 8 is also an option, with HUD market rent for 1-bedroom units in St. Louis at $984 per month. Additional value can be created through improved property management efficiencies and stabilization. With targeted improvements, the property offers the opportunity for increased cash flow and long-term appreciation.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.236904
- Latitude
- 38.69072
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add opportunity with in-place income and strong upside potential.
Where is this apartment building located?
The property is located at 4981 Rosalie Street St Louis, MO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Value‑add opportunity: Increase rents from $540 to market rates ($756) after renovations.; Potential for a 10% cap rate after stabilization with current market rents.; Sixteen 1‑bedroom, 1‑bathroom units.
