Turnkey 8-Unit Multifamily
4731-4737 Alaska St, Louis, MO 63111
5 Family or More, Traditional - St Louis, MO
Property size:
8,000 SFLot size:
0.30 Acres- Added:
- May 22, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 1 at 12:06 pm
Property Features for 4731-4737 Alaska St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Garage, Off Street, On Street
- Exterior features
- Fencing, Private Yard
- Fencing
- Fenced
- Basement Y/N
- 1
- Appliances
- Dishwasher, Refrigerator, Washer
- Standard status
- Pending
- APN
- 2774-00-0320-0
- Size
- 8,000 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3478
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Tile, Tile - Ceramic, Wood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- New Traditional
Listing agent Lynne Hart License #2015021561 (314) 324-6907
Listing office Real Broker LLC 212 Kirkwood Rd Suite 1, Kansas City, MO (573) 520-3099
Listing date May 22, 2026
MLS# 25057610
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
- 9.5% Cap Rate with $66k NOI: High return on investment.
- Turnkey Condition: 100% ready for immediate operation.
- Updated Units: Featuring renovations from 2016‑2020, including kitchens, baths, sewers, and one new roof.
- Forced Air and Central AC: All units equipped with modern HVAC systems.
- Five units feature electronic door locks.
- Stable Tenancy: Long‑term, vetted tenants who pay electronically and on time.
Overview
This is an 8-unit package in two separate 4-family buildings, being sold at a 9.5% cap rate. The property is 100% turnkey and generating a net operating income of $66,000. It includes two 2-bedroom units and six 1-bedroom units, one of which is furnished. A two-car garage and a two-car parking pad are located behind the spacious fenced yards. The tenancy is stable and longer term, with most tenants at market rates. Tenants have been thoroughly vetted and pay electronically and on time. Five units have electronic door locks. Updates from 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced air and central AC are in all units. The units at 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, and stainless steel appliances. The units at 4731-33 are all updated, more modestly but with full kitchens and 4-piece appliance sets; two units have clawfoot tubs and two have tub/shower combos. The lot size is 0.3 acres and the property size is 8,000 square feet. Full inspections have been completed on both buildings and the units. The sewer at 4735 has been repaired and both are now in open and serviceable condition with no recommended repairs.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.247111
- Latitude
- 38.572261
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two buildings, eight units, generating $66k NOI, 9.5% cap.
Where is this apartment building located?
The property is located at 4731-4737 Alaska St Louis, MO.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 9.5% Cap Rate with $66k NOI: High return on investment.; Turnkey Condition: 100% ready for immediate operation.; Updated Units: Featuring renovations from 2016‑2020, including kitchens, baths, sewers, and one new roof.
