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Mixed-Use Property with Courtyard

3401 Chippewa Street, Saint Louis, MO 63118

For Sale
New
$495,000

Six occupied units combine residential apartments and a leased daycare space, with off-street parking and shared outdoor space.

Property Size12,360 SF
Price / SF$40.05
Days on Market2

Property Features for 3401 Chippewa Street

General Information

Standard status Active
Size 12,360 SF
Total Parking Spaces 5
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x efficiency, 1 x 1BR lofted, 1 x 2BR townhome, 2 x 2BR townhouse
Multifamily Units 5

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,593

Amenities

courtyard
central air
forced air heat
w/d hook-up
fireplaces
Unfinished
Carpet,Ceramic Tile,Combination,Vinyl
No
Yes
In Unit
Other
Back Yard,Privacy,Wire,Wood
City Lot,Near Park,Near Public Transit
Public
0.0674
Assigned,Parking Lot
Courtyard,Lighting,Private Entrance,Private Yard,Uncovered Courtyard
Brick/Mortar,Combination,Concrete Perimeter

Building Details

Year Built 1904
Tenancy Multi
Listing Agency: RE Source PM, LLC
Listed By: Ashley Hampton
Source: Scotthickinbotham
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 9 at 1:16AM

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 RE Source PM, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1904, this 12,360-square-foot mixed-use property contains five residential units and one commercial space occupied by a daycare. The residential mix includes an efficiency, a lofted one-bedroom, and three two-bedroom townhome-style units. All six spaces are occupied, and the residential tenants are described as long-term. Central air conditioning and forced-air heat serve the units; each has washer and dryer hookups, and some include fireplaces.

A landscaped brick courtyard provides shared outdoor space. The property also has five off-street parking spaces, with additional on-street parking in the surrounding area.

Key Highlights

  • 12,360‑square‑foot property with five residential units and one commercial space
  • Residential mix: one efficiency, one lofted one‑bedroom, and three two‑bedroom townhome‑style units
  • Commercial space is occupied by a daycare tenant

Property Analytics

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Current Use

Day care centers

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby

Demographics for 63118, MO

25,194
Population
14,770
Households
1.7
Avg Household Size
34
Median Age
38%
College-Educated
87%
High-School Grad
3.4 sq mi
ZIP Area
7,410
Density / Sq Mi
$57,268
Median Household Income
$44,717
Median Earnings
$952
Median Rent
$210,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Saint Louis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Six occupied units combine residential apartments and a leased daycare space, with off-street parking and shared outdoor space.
Where is this mixed-use property located?
The property is located at 3401 Chippewa Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 12,360‑square‑foot property with five residential units and one commercial space; Residential mix: one efficiency, one lofted one‑bedroom, and three two‑bedroom townhome‑style units; Commercial space is occupied by a daycare tenant
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