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Mixed-Use Property with Courtyard
New
For Sale
$495,000

3401 Chippewa Street, Saint Louis, MO 63118

Residential Income, St Louis, MO

Property Size12,360 SF
Lot Size0.07 Acres
Price / SF$40.05
Days on Market2

Property Features for 3401 Chippewa Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 7, Basement, Bedroom 4, Bedroom 8
Parking features Assigned, Parking Lot
Exterior features Courtyard, Lighting, Private Entrance, Private Yard, Uncovered Courtyard
Fencing Privacy
Basement Unfinished
Appliances Gas Water Heater
Subdivision Bells Add
Lot features City Lot, Near Park, Near Public Transit
Elementary school Froebel Elem.
Middle school Long Middle Community Ed. Center
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Directions Grand (south) to Chippewa(left)(east), property on left side of street at Louisiana.
Standard status Active
APN 1613-00-0300-7
Size 12,360 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3593

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

courtyard
central air
forced air heat
w/d hook-up
fireplaces

Building Details

Year built 1904
Floors in Building 2
Number of units 5
Flooring type Tile - Ceramic, Carpet, Combination, Vinyl
Building materials Asphalt, Brick
Architectural style Other
Listing Agency: RE Source PM, LLC
Listed By: Jaymes Dearing
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 22 at 11:06AM
MLS# 26032559

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.

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Investment Insights

Based on property information with market context.

The 12,360-square-foot mixed-use building, constructed in 1904, contains five residential units and one commercial space occupied by a daycare. The residential mix includes an efficiency, a lofted one-bedroom, a two-bedroom townhome spanning the upper two floors, and two additional two-bedroom townhomes. All units are occupied. Central air conditioning and forced-air heat serve the building; each unit has washer and dryer hookups, and some include fireplaces.

A brick courtyard with landscaping provides shared outdoor space. The property includes five off-street parking spaces, with on-street parking also available. The parcel measures 0.0674 acres.

Key Highlights

  • 12,360‑square‑foot mixed‑use property with five residential units and one commercial space
  • Residential mix includes an efficiency, a lofted one‑bedroom, and three two‑bedroom townhomes
  • Commercial space is occupied by a daycare

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

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 - Five apartments and a leased daycare space share a building with a landscaped courtyard and off-street parking.
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 mixed‑use property with five residential units and one commercial space; Residential mix includes an efficiency, a lofted one‑bedroom, and three two‑bedroom townhomes; Commercial space is occupied by a daycare
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