1402 Granville Pl 4 Unit Apartment Building $239,900 ($59,975/Unit) Saint Louis, MO 63112

1402 Granville – Fully Rehabbed Four-Plex Income Property | $239900| $2,800 Monthly Gross Income
Turnkey Cash Flow in the Heart of St. Louis
Welcome to 1402 Granville Ave, a solid-brick four-unit multifamily property that blends classic architecture with a complete modern makeover. Every detail has been refreshed — top to bottom — creating a plug-and-play investment that’s already bringing in $2,800 per month across four spacious 2-bed / 1-bath units.
Whether you’re a seasoned investor or first-time buyer looking for dependable returns, this is your chance to own a performing four-plex at a price point rarely seen in today’s market.

Before & After – A Transformation That Sells Itself
The rehab tells the story:
• Modern Kitchens: New cabinets, countertops, flooring, stainless appliances, and lighting.
• Updated Bathrooms: Clean finishes, new fixtures, and bright paint for that fresh, move-in-ready feel.
• New Flooring & Carpet: Warm, neutral tones that appeal to tenants and reduce turnover.
• Fresh Paint Throughout: Light-gray walls and crisp trim create an open, airy vibe.
• Exterior Improvements: Classic brick exterior refreshed for long-term durability and curb appeal.
Each “before” and “after” photo captures the pride and effort behind this transformation — a building once tired, now fully revived and ready to deliver steady monthly income for years to come.
Investment Highlights
• Price: $239900
• Monthly Income: $2,800 ($700 per unit)
• Unit Mix: 4 × 2 Bed / 1 Bath
• Building Type: All-Brick Four-Plex
• Condition: Fully Renovated – Turnkey
• Occupancy: Ready for tenants / Already producing income
• Projected Cap Rate: ˜ 13–14% based on current rents
Low maintenance, strong rental demand, and instant returns — this property is the definition of cash-flow confidence.
Why Investors Love This Asset
Strong ROI from day one
Rehabbed units attract long-term tenants
Brick construction minimizes maintenance
Ideal for Section 8 or private rental strategies
Future equity growth as the area continues to improve
That Feel-Good Factor
When you step inside, you can feel the care that went into every detail — clean, bright, and welcoming spaces where tenants instantly feel at home. Investors feel it too: the satisfaction of owning a property that’s been transformed from worn-out to winning.