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    8440 N Broadway St Louis, MO 63147

    New
    For Sale
    $700,000

    5 Family or More, Low/1-2 - St Louis, MO

    Property size:
    9,632 SF
    Lot size:
    0.56 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 12 at 6:06 am

    Property Features for 8440 N Broadway St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Closed Circuit Camera(s), Fire Alarm, Gated Community
    Rooms
    Basement
    APN
    4293-00-0050-0
    Parking features
    On Street, Open, Parking Lot, Unassigned
    Exterior features
    Fencing, Balcony
    Fencing
    Fenced, Gate
    Basement Y/N
    1
    Size
    9,632 SF
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Electric, Multi Units, Window Unit(s)

    Building Details

    Year built
    1964
    Number of units
    18
    Building materials
    Brick, Brick Veneer, Stone, Stone Veneer
    Architectural style
    Other

    Worth Clark, Inc. (800) 991-6092 [email protected]

    Listing agent Julie Carter (314) 222-0065 License #2023023218

    Listing date Dec 6, 2025

    MLS# 25016792 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

    Turnkey Multi-Family Investment Opportunity

    This is a 100% occupied complex with value-add opportunity. The property consists of 18 units in two buildings, generating cashflow with a 2024 NOI of $100,000+++. There is an opportunity to convert the existing 18-unit complex into a 24-unit complex. The four 4-bed / 2 bath units could be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. The complex is gated and includes parking. New roofs have been installed on both buildings, along with a new sewer lateral line. The units have been renovated. A fire a couple of years ago affected 2 units; both have been fully remedied and renovated, with proper permits. The property is situated on a 0.5568-acre lot. The building size totals 9,632 square feet. The landlord is responsible for trash, water, and sewer expenses, while tenants cover their power usage. The property is located in St. Louis, MO 63147.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Building Supply Hotel & Motel Clothing Store Wholesale Shop Storage Facility Accounting Firm Grocery Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.229233
    Latitude
    38.716454

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    FAQs

    What type of property is this?
    Apartment building - 18-unit complex with potential to expand to 24 units.
    Where is this apartment building located?
    The property is located at 8440 N Broadway St Louis, MO.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Turnkey, 100% occupied complex generating excellent cashflow (2024 NOI was $100,000+++).; - Value-add opportunity to convert 18 units into 24 units.; - New roofs on both buildings and new sewer lateral line.
    (314) 222-0065
    Request Owner's contact information
    8440 N Broadway St Louis, MO 63147
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    Louis, MO 63147
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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
    8440 N Broadway St Louis, MO 63147
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