Log In/Sign Up
Your email has been sent.
7425-7429 S Broadway
Saint Louis, MO 63111
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Mixed-use property featuring eight apartment units and three commercial units
- Located near Interstate 55, local businesses, parks, and riverfront amenities
- Prominent South Broadway frontage offers visibility and neighborhood accessibility
- Located in the historic Carondelet neighborhood with access to Interstate 55
Executive Summary
7427 S Broadway offers the opportunity to acquire a mixed-use investment property in the historic Carondelet neighborhood of South St. Louis. The property consists of two buildings with eight apartment units and three commercial units, providing diversified income potential from both residential and commercial tenancy.
The residential component includes a mix of studio and one-bedroom apartments, while the commercial space features a large open area, a smaller warehouse section, and rear garage-door access. The layout provides flexibility for a variety of commercial uses while maintaining a stable multifamily component.
Positioned along South Broadway, the property benefits from visibility on a major thoroughfare serving South St. Louis. The surrounding area includes neighborhood retailers, restaurants, parks, and local businesses, with convenient access to Interstate 55 and the Mississippi River corridor. The location provides connectivity to employment centers and regional transportation routes throughout the St. Louis metropolitan area.
Additional features include rear parking, on-street parking availability, and prior building improvements that support ongoing operations. The combination of multifamily units, commercial space, and urban corridor location presents an opportunity for investors seeking a value-add or income-producing asset in an established South St. Louis neighborhood.
The residential component includes a mix of studio and one-bedroom apartments, while the commercial space features a large open area, a smaller warehouse section, and rear garage-door access. The layout provides flexibility for a variety of commercial uses while maintaining a stable multifamily component.
Positioned along South Broadway, the property benefits from visibility on a major thoroughfare serving South St. Louis. The surrounding area includes neighborhood retailers, restaurants, parks, and local businesses, with convenient access to Interstate 55 and the Mississippi River corridor. The location provides connectivity to employment centers and regional transportation routes throughout the St. Louis metropolitan area.
Additional features include rear parking, on-street parking availability, and prior building improvements that support ongoing operations. The combination of multifamily units, commercial space, and urban corridor location presents an opportunity for investors seeking a value-add or income-producing asset in an established South St. Louis neighborhood.
Property Facts
| Price Per Unit | $43,750 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 14,247 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1896/2016 |
| Property Subtype | Apartment | Parking Ratio | 0.28/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | F - Neighborhood Commercial District | ||
| Price Per Unit | $43,750 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,247 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1896/2016 |
| Parking Ratio | 0.28/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | F - Neighborhood Commercial District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 3054-00-0070-7 | Improvements Assessment | $12,720 |
| Land Assessment | $4,180 | Total Assessment | $16,900 |
Property Taxes
Parcel Number
3054-00-0070-7
Land Assessment
$4,180
Improvements Assessment
$12,720
Total Assessment
$16,900
1 of 44
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
