32-Unit Multifamily Investment
4 Bruce Drive, Florissant, MO 63031
New
Traditional, 2-4 Units - Florissant, MO
Property size:
8,379 SFLot size:
1.48 AcresPrice / SF:
$256/SF- Added:
- May 19, 2026
- Days on Market:
- 3
- Last Refresh:
- May 21 at 4:06 pm
Property Features for 4 Bruce Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 08K-61-0627
- Size
- 8,379 SF
- Lot size
- 1.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20168
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Building materials
- Brick
- Architectural style
- New Traditional
Listing agent Jordan Schoen License #2009024331 (314) 255-5117
Listing office Invest St. Louis 2309 Thurman, St. Louis, MO (314) 325-6201
Listing date May 19, 2026
MLS# 26013512
Listing URL
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.
HighLights
- Extensive renovations totaling over $2.2 million between 2023 and 2026, including electrical system upgrades and central air installation.
- Value‑add opportunity through rent increases as current rents are below market levels, with comparable units averaging $942.
- High occupancy rate of 90% and in lease‑up.
- Convenient location minutes from Lambert International Airport and major employers like Boeing and Amazon.
- Washer/dryer hookups in each building and potential for additional income through shared laundry facilities.
- Ample off‑street parking and spacious common areas.
Overview
This 32-unit multifamily property in Florissant, Missouri, comprises four eight-family buildings constructed in the 1960s. The property features one-bedroom units and is part of a larger seven-building apartment community. Extensive renovations are underway between 2023 and 2026, with over $2.2 million in capital improvements planned, including electrical system upgrades, central air installation, and modernization of building infrastructure. Currently 90% occupied and in lease-up, the property offers a value-add opportunity due to rents being below market levels. Select units have been intentionally left vacant to accommodate showings. Market data indicates average rents of approximately $942 for comparable one-bedroom units within a three-mile radius. Additional features include pitched roofs, spacious common areas, ample off-street parking, and washer/dryer hookups in each building, with the potential to add shared laundry facilities for additional income. The property is conveniently located minutes from Lambert International Airport and major employers such as Boeing and Amazon. Nearby land is planned for future city park development. The lot size is 1.475 acres and the property size is 8379 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bruce Court
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Florissant
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.340422
- Latitude
- 38.793509
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 32 units in Florissant, MO with value-add potential.
Where is this apartment building located?
The property is located at 4 Bruce Drive Florissant, MO.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Extensive renovations totaling over $2.2 million between 2023 and 2026, including electrical system upgrades and central air installation.; Value‑add opportunity through rent increases as current rents are below market levels, with comparable units averaging $942.; High occupancy rate of 90% and in lease‑up.
