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29-Unit Apartment Building

4244 Chouteau Avenue, Saint Louis, MO 63110

For Sale
Contact for pricing

A comprehensive redevelopment modernized building systems, and the apartments have since received updates.

Property Size40,880 SF
Price / SF$96.62
Days on Market11

Property Features for 4244 Chouteau Avenue

General Information

Standard status Active
Size 40,880 SF
Property subtype Multifamily
Occupancy 95%

Units

Unit Mix 4 x studio, 13 x 1BR/1BA, 2 x 2BR/1BA, 1 x 2BR/1.5BA, 9 x 2BR/2BA
Multifamily Units 29

Additional Details

Average Monthly Rent $1,234
Public Transit Yes
Tenant in Place Yes

Building Details

Year Built 1896
Buildings 1
Listing Agency: Salient Realty Group
Listed By: Garen Lafser · License MO #2015014613
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 4:33PM

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 Salient Realty Group

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Investment Insights

Based on property information with market context.

This 29-unit apartment building contains 40,880 square feet and was originally constructed in 1896. A full redevelopment between 2007 and 2009 brought its building systems up to date, and each apartment has been updated. The unit mix comprises four studios, thirteen one-bedroom/one-bath units, two two-bedroom/one-bath units, one two-bedroom/one-and-a-half-bath unit, and nine two-bedroom/two-bath units. Occupancy is 95%.

The property is within one mile of BJC HealthCare, Barnes-Jewish Hospital, and the Washington University Medical Campus. Other nearby destinations include the 200-acre Cortex Innovation Community, Forest Park, and Saint Louis University. MetroLink service is available at Cortex Station.

Key Highlights

  • 29 units across 40,880 square feet
  • 95% occupied
  • Unit mix: 4 studios, 13 one‑bedroom/one‑bath, 2 two‑bedroom/one‑bath, 1 two‑bedroom/one‑and‑a‑half‑bath, and 9 two‑bedroom/two‑bath

Property Analytics

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Lease Details

29
Residential units
95%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,937
Businesses Nearby

Demographics for 63110, MO

18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in St. Louis County, MO

$110 Jul
$111 Aug
$108 Sep
$123 Oct

Properties on Market for Apartment buildings in St. Louis County

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?
Apartment building - A comprehensive redevelopment modernized building systems, and the apartments have since received updates.
Where is this apartment building located?
The property is located at 4244 Chouteau Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 29 units across 40,880 square feet; 95% occupied; Unit mix: 4 studios, 13 one‑bedroom/one‑bath, 2 two‑bedroom/one‑bath, 1 two‑bedroom/one‑and‑a‑half‑bath, and 9 two‑bedroom/two‑bath
(314) 451-7471 Call to check price and availability
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