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807 Clara Ave
Saint Louis, MO 63112
Clara Heights Apartments · Multifamily Property For Sale
·
25 Units
Investment Highlights
- 24 Units - Near Forest Park, Delmar Loop, CWE & Washington University
- All Units Updated
- $1M of CapEx Recently Completed
- Below Market Rents with Upside
Executive Summary
807 Clara Avenue presents the opportunity to acquire a well-maintained multifamily asset in the City of St. Louis. The property features a classic brick exterior with strong curb appeal, spacious unit layouts, and a proven rental history, making it an attractive investment for both local and out-of-market buyers. Situated on a sizable lot with ample street parking and convenient access to major highways, the property benefits from strong connectivity to Downtown St. Louis, employment centers, educational institutions, and neighborhood amenities. Investors will appreciate the property's durable construction, operational stability, and potential for continued income growth through strategic management and future rent optimization. The surrounding area continues to experience public and private investment, creating long-term upside while providing residents with convenient access to shopping, dining, transportation, and recreational opportunities.
Property Facts
| Price Per Unit | $63,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| No. Units | 25 | Building Size | 26,252 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1928/2026 |
| Zoning | C | ||
| Price Per Unit | $63,800 |
| Sale Type | Investment |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 26,252 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built/Renovated | 1928/2026 |
| Zoning | C |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | 650 |
| 2+1 | 3 | - | 940 |
Property Taxes
| Parcel Number | 4546-00-0250-0 | Improvements Assessment | $145,010 |
| Land Assessment | $2,740 | Total Assessment | $147,750 |
Property Taxes
Parcel Number
4546-00-0250-0
Land Assessment
$2,740
Improvements Assessment
$145,010
Total Assessment
$147,750
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