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2013 S 11th St 2013 S 11th St 4 Unit Apartment Building $500,000 ($125,000/Unit) Saint Louis, MO 63104



Executive Summary
Investment Opportunity – 4-Unit Historic Brick Multifamily | Soulard | St. Louis, MO
2013 S 11th Street presents a solid 4-unit multifamily investment located in the heart of Soulard, one of St. Louis’ most established and in-demand rental submarkets. Constructed in 1885, the property features classic late-19th-century red-brick masonry construction typical of South City urban flats.
The building consists of four (4) residential units with a favorable unit mix of three (3) 1-bedroom/1-bath units and one (1) 1-bedroom/1.5-bath unit, producing a current gross monthly rent of $4,654 (subject to rent roll verification). Unit sizes and layouts align well with strong tenant demand in the immediate area.
Recent capital improvements include tuckpointing on the front façade and key exterior areas, along with replacement of the rear fence, supporting long-term building integrity and curb appeal. Furnace systems have been replaced over time and are of varying ages. An unfinished basement provides access to mechanical systems and potential shared tenant storage.
The property is two blocks from Soulard Market and benefits from exceptional walkability to restaurants, nightlife, retail, and public transit. Street parking is readily available.
This asset offers stable in-place income with future upside potential through continued rent growth, operational efficiencies, or targeted improvements. Well-suited for investors seeking a smaller multifamily property in a proven South City rental corridor.
2013 S 11th Street presents a solid 4-unit multifamily investment located in the heart of Soulard, one of St. Louis’ most established and in-demand rental submarkets. Constructed in 1885, the property features classic late-19th-century red-brick masonry construction typical of South City urban flats.
The building consists of four (4) residential units with a favorable unit mix of three (3) 1-bedroom/1-bath units and one (1) 1-bedroom/1.5-bath unit, producing a current gross monthly rent of $4,654 (subject to rent roll verification). Unit sizes and layouts align well with strong tenant demand in the immediate area.
Recent capital improvements include tuckpointing on the front façade and key exterior areas, along with replacement of the rear fence, supporting long-term building integrity and curb appeal. Furnace systems have been replaced over time and are of varying ages. An unfinished basement provides access to mechanical systems and potential shared tenant storage.
The property is two blocks from Soulard Market and benefits from exceptional walkability to restaurants, nightlife, retail, and public transit. Street parking is readily available.
This asset offers stable in-place income with future upside potential through continued rent growth, operational efficiencies, or targeted improvements. Well-suited for investors seeking a smaller multifamily property in a proven South City rental corridor.
Property Facts
| Price | $500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Gross Rent Multiplier | 8.95 | Building Size | 2,982 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1885/2022 |
| Price | $500,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 8.95 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,982 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1885/2022 |
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Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 0680-00-0170-0 | Improvements Assessment | $52,210 |
| Land Assessment | $5,320 | Total Assessment | $57,530 |
Property Taxes
Parcel Number
0680-00-0170-0
Land Assessment
$5,320
Improvements Assessment
$52,210
Total Assessment
$57,530
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