2007 S 11th St. 2007 S 11th St 5 Unit Apartment Building $590,000 ($118,000/Unit) 6.70% Cap Rate Saint Louis, MO 63104

This one-of-a-kind 5-unit building sits in the heart of Soulard, steps from the farmers market and surrounded by some of the city’s best bars and restaurants (yes, Mardi Gras is basically your front yard). The layout is ideal for a house-hacker or savvy first-time buyer. The first floor apartments each have 1 private bedroom & 1 full bath. The upstairs apartments are set up townhome style; each one has 2 private bedrooms,1.5 baths & a deck off of the third floor bedroom--perfect set-up for roommates! Then there's a detached carriage house in the rear with 2 bedrooms & a full bath. Completely renovated in the ’80s, the property has solid bones and has been professionally managed (and re-updated as needed) and thoughtfully maintained by a long-term owner. It’s ready for someone new to put their stamp on it. With straightforward, budget-friendly updates like flooring, lighting, and paint, there’s clear upside in rents and value. Whether you want to live in one unit and rent the rest or build a long-term investment in a high-demand neighborhood, this is a rare chance to lock in location, cash flow, and future potential—all in one move. Skip the Zillow rabbithole; reach out to me, the listing agent, for all the details & to schedule your tour!