2500 18Th St, St. Louis, MO 63104
This exceptional 34,288-square-foot multifamily property, a Class B apartment building, presents a compelling investment opportunity in the desirable Soulard neighborhood of St. Louis, Missouri. Built in 1886, this boutique building boasts 22 units, offering a mix of one, two, and three-bedroom apartments. Each unit features spacious floor plans, hardwood floors, and in-unit washer/dryer hookups. Modernized systems include central HVAC throughout the building. Tenant amenities include a fitness center and a swimming pool. Currently operating at 100% occupancy, this stabilized investment offers the potential for future rent increases. The property also benefits from an annual Tax Increment Financing (TIF) income of approximately $31,160 through 2026. Located at 2500 S 18th St, St. Louis, MO 63104, this property combines historic charm with a prime location in a vibrant urban setting. The building's strong performance and potential for growth make it an attractive addition to any investment portfolio.
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The Cloisters Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.