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5706 Thekla 5706 Thekla Ave 8 Unit Apartment Building $429,000 ($53,625/Unit) Saint Louis, MO 63120

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EXECUTIVE SUMMARY

Amazing opportunity to add an eight unit, cash-flowing multi-family to your rental portfolio. All eight units are spacious with 1 bed 1 bath and have recent updates including refinished hardware floors, paint, and appliances. Some units have also had bathroom updates where needed. All eight furnaces have been replaces, and all but one water heater replaces (with expansion tanks) in 2022/2023. Secured front and rear access. 7 of 8 units are currently rented at approximately $700/month. Property to be sold as-is, please wrote offers pm special sales contract. Inspections are for buyers knowledge only.

PROPERTY FACTS

Price $429,000
Price Per Unit $53,625
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.16 AC
Building Size 7,992 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1964/2022
Zoning F

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Freezer
  • Large Bedrooms

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5122-00-0220-0
Land Assessment
$1,440
Improvements Assessment
$30,400
Total Assessment
$31,840
  • Listing ID: 36171486

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 5706 Thekla Ave, Saint Louis, MO 63120

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