Downtown St. Louis Multifamily
For Sale
Contact for pricing
Pending
315 N 10th St St., Louis, MO 63101
Value-add multifamily investment opportunity in downtown St. Louis.
Property SizeContact for details
Days on Market157
Property Features for 315 N 10th St St.
General Information
Standard status
Pending
Class
B
Property subtype
Multifamily
Occupancy
95%
Investment Type
Stabilized
Net Operating Income
$243,641
Building Details
Stories
5
Units
20
Listing Agency:
Keys Realty
(314) 809-8541
Listed By:
Ben Riley · License #MO 2016002029
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 21 at 1:54PM
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 Keys Realty
Investment Insights
Based on property information with market context.
Located in downtown St. Louis, 315 N. 10th Street, also known as 315 Lofts, is a 20-unit loft-style apartment building. It features a mix of one-bedroom and two-bedroom units. The property is positioned as a value-add multifamily investment opportunity with potential for rent stabilization, operational improvements, and short-term rental strategies. The property offers approximately $54,000 in annual upside to both revenue and NOI upon stabilization, based on current rent roll versus target rents. The building is situated in a walkable downtown location near Washington Avenue, Saint Louis University School of Law, and courthouse complexes, including the Old Courthouse and federal and civil courts. This location supports demand from law students, attorneys, and government professionals. The property's layout, unit sizes, and location make it suitable for short-term rental or hybrid leasing strategies. The adjacent Bell Lofts (24 units) and the parking lot at 1001 Olive Street can be combined with this property, allowing investors to acquire a scaled downtown portfolio with operational efficiencies and diversified income streams.
Key Highlights
- Significant Rent Upside: Approximately $54,000 in annual revenue and NOI increase possible.
- Prime Downtown Location: Highly walkable area near Washington Avenue, law school, and courthouse complexes.
- Value‑Add Opportunity: Potential for operational improvements and increased profitability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,302
Businesses Nearby
Explore this area
Business Placement
Demographics for 63101, MO
4,171
Population
2,457
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
10,428
Density / Sq Mi
$92,708
Median Household Income
$68,079
Median Earnings
$1,295
Median Rent
$228,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily investment opportunity in downtown St. Louis.
Where is this apartment building located?
The property is located at 315 N 10th St St. Louis, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Significant Rent Upside: Approximately $54,000 in annual revenue and NOI increase possible.; Prime Downtown Location: Highly walkable area near Washington Avenue, law school, and courthouse complexes.; Value‑Add Opportunity: Potential for operational improvements and increased profitability.
