Apartment Building with Private
New
For Sale
$999,000
1916 Menard St, Saint Louis, MO 63104
Eight-unit Soulard property with brick construction, central air, individual utility metering, and shared basement laundry.
Property Size10,080 SF
Price / SF$99.11
Days on Market4
Property Features for 1916 Menard St
General Information
Standard status
Active
Size
10,080 SF
Property subtype
Residential Income
Occupancy
100%
Net Operating Income
$75,009
Financials
Cap Rate
7.5%
Gross Income
$109,680
Units
Unit Mix
4 x 1015 sqft 2BR/1.5BA, 4 x 1BR/1BA
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$5,077
Amenities
shared laundry
central air
private backyard
Building Details
Construction
brick
Listing Agency:
The Agency
(314) 677-1477
Listed By:
Anthony Klier · License #2022012991
(314) 517-1925
Source:
Exprealty
Added: Sep 8
Changed: Sep 10
Last Checked: Sep 10 at 3:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency
Investment Insights
Based on property information with market context.
This 8-unit multifamily property in Soulard contains four two-level 2-bedroom, 1.5-bath units measuring 1,015 square feet each, along with four 1-bedroom, 1-bath units. The 10,080-square-foot property has a brick exterior, central air, individual electric and gas meters, and shared washers and dryers in the basement. Rear windows are brand new, and most of the backyard deck has also been replaced. A large private backyard adds outdoor space that is uncommon among nearby properties.
The property is currently 100% occupied and sits between Dukes and Great Grizzly. Anheuser-Busch headquarters is less than a 20-minute walk away, while Soulard Farmers Market, restaurants, bars, and entertainment venues are located within the surrounding neighborhood. The property also offers a potential operational improvement through the addition of in-unit laundry, subject to planning and execution.
The property is currently 100% occupied and sits between Dukes and Great Grizzly. Anheuser-Busch headquarters is less than a 20-minute walk away, while Soulard Farmers Market, restaurants, bars, and entertainment venues are located within the surrounding neighborhood. The property also offers a potential operational improvement through the addition of in-unit laundry, subject to planning and execution.
Key Highlights
- 8‑unit multifamily property in Soulard
- 10,080‑square‑foot property with four 2‑bedroom and four 1‑bedroom units
- Four 2‑bedroom units are two‑level and measure 1,015 square feet each
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Explore this area
Business Placement
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit Soulard property with brick construction, central air, individual utility metering, and shared basement laundry.
Where is this apartment building located?
The property is located at 1916 Menard St Saint Louis, MO.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 8‑unit multifamily property in Soulard; 10,080‑square‑foot property with four 2‑bedroom and four 1‑bedroom units; Four 2‑bedroom units are two‑level and measure 1,015 square feet each
