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7389 Maple Ave
Saint Louis, MO 63143
Multifamily Property For Sale · 24 Units

Investment Highlights

  • Turn-key investment opportunity featuring updated units and established rent premiums
  • Excellent 3-Mile Demographics: Average Household Income: $134,501; Average Home Value: $413,704
  • Limited new supply in the immediate area, combined with consistent population density and household demand, supports long-term rental resilience
  • Property has strong historical occupancy - currently 95.8%
  • Located in highly-ranked Maplewood-Richmond Heights School District (Top 13% Nationwide and #13 in Missouri by Niche)
  • Priced well below replacement cost

Executive Summary

7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis’ most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.

Property Facts

Price Per Unit $137,500
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 14,904 SF
Average Occupancy 96%
No. Stories 3
Year Built 1928
Parking Ratio 1.34/1,000 SF
Zoning 35MDR

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 18 - 828
1+1 6 - 828

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21J-22-1186
  • 21J-22-1212
Land Assessment
$151,810
Improvements Assessment
$207,960
Total Assessment
$359,770
  • Listing ID: 40621722

  • Date on Market: 5/21/2026

  • Last Updated:

  • Address: 7389 Maple Ave, Saint Louis, MO 63143

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