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Six-Unit Brick Apartment Building
For Sale
$365,000

4260 Michigan Ave, Saint Louis, MO 63111

Fully leased brick property with one-bedroom apartments and hardwood flooring.

Property SizeContact for details
Days on Market152

Property Features for 4260 Michigan Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,892
Listing Agency: CBRE
Listed By: Kenin Halilovic · License #2025040254
Source: Exprealty
Added: Apr 2 Changed: Aug 30 Last Checked: Aug 30 at 9:42PM

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 CBRE

Investment Insights

Based on property information with market context.

This fully leased apartment property contains six brick-built residences, each arranged as a one-bedroom, one-bathroom unit. Interior features include hardwood floors, practical layouts, and ample natural light. The building also carries a secondary address at 3119 Chariton Street.

A TPO roof was installed in 2022 and includes a 20-year warranty. The property is positioned near South Grand Boulevard, I-55, and I-44, with access to bus routes nearby. Its South St. Louis setting places the building along a residential corridor with connections to Downtown St. Louis, employment centers, and surrounding neighborhoods.

Key Highlights

  • Six fully leased one‑bedroom, one‑bathroom apartments
  • Brick apartment building with hardwood flooring and abundant natural light
  • TPO roof installed in 2022 with a 20‑year warranty

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Building Supply

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

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Demographics for 63111, MO

19,538
Population
10,541
Households
1.9
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
3.2 sq mi
ZIP Area
6,106
Density / Sq Mi
$43,295
Median Household Income
$33,114
Median Earnings
$846
Median Rent
$115,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased brick property with one-bedroom apartments and hardwood flooring.
Where is this apartment building located?
The property is located at 4260 Michigan Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Six fully leased one‑bedroom, one‑bathroom apartments; Brick apartment building with hardwood flooring and abundant natural light; TPO roof installed in 2022 with a 20‑year warranty
More about this property
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