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Brick Mixed-Use Apartment Building with Retail
For Sale
$895,000

5001 S Grand Boulevard St, Louis, MO 63111

MULTI_FAMILY - Other - St Louis, MO

Property Size14,000 SF
Lot Size0.17 Acres
Price / SF$63.93
Days on Market51

Property Features for 5001 S Grand Boulevard St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1
Subdivision Tacoma Add
Elementary school Woodward Elem.
Middle school Lyon-Blow Middle
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Directions GPS is Best!
Standard status Active
APN 4711-00-0170-7
Size 14,000 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6581

Utilities

Heating system Baseboard
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1930
Building materials Brick
Architectural style Other
Listing Agency: Salient Realty Group, LLC
Listed By: Matt Millslagle · License #2024031548
Added: Jun 22 Changed: Aug 3 Last Checked: Aug 11 at 7:06PM
MLS# 26023306

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.

Investment Insights

Based on property information with market context.

Brick mixed-use apartment building featuring three ground-floor retail spaces and 16 residential units. The residential mix includes eight studio apartments and eight one-bedroom, one-bath units.

The property sits on a 0.17-acre lot and is listed at 14,000 square feet. Built in 1930, the building uses baseboard heating and has window unit and wall/window unit cooling.

For income-focused buyers, the property is presented with an 18.37% pro-forma cap rate, reflecting both the retail and residential components within the same building.

Key Highlights

  • Three ground‑floor retail spaces plus 16 residential units
  • Eight studio apartments and eight 1‑bedroom, 1‑bath units
  • 18.37% pro‑forma cap rate

Property Analytics

Current Use

Retail space

Lease Details

16
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

804
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 - Mixed-use building with three ground-floor retail spaces and 16 residential units, heated with baseboard and cooled by window units.
Where is this apartment building located?
The property is located at 5001 S Grand Boulevard St Louis, MO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Three ground‑floor retail spaces plus 16 residential units; Eight studio apartments and eight 1‑bedroom, 1‑bath units; 18.37% pro‑forma cap rate
More about this property
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