6609 Clayton RdClayton, MO 63117

For Sale
$925,000
Prime Clayton location, 4-unit building, renovated.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents a meticulously renovated four-unit apartment building situated in the highly desirable Clayton, Missouri area. The property, located at 6609 Clayton Road, boasts 4,864 square feet of net rentable space, spread across two stories in a single building. Built in 1930 and completely renovated in 2018, this Class A multifamily property offers a blend of historical charm and modern amenities. The comprehensive 2018 renovation included a complete gut rehab, encompassing upgrades to plumbing, electrical systems, HVAC, roofing, windows, and cosmetic finishes. Currently operating at 100% occupancy, the property features four units, each offering in-unit laundry, and commands a price per unit of $231,250. The asking price for the entire property is $925,000, translating to a price per square foot of $190.17. This stabilized investment presents an opportunity to capitalize on below-market rents with potential for future increases. The property's prime location offers convenient access to SSM St. Mary's Hospital, the vibrant DeMun neighborhood, Schnucks grocery store, and a wealth of other neighborhood amenities. Eight off-street parking spaces further enhance the property's appeal. This turnkey property is ideal for owner-occupants or investors seeking a stable and potentially high-return investment in a coveted Clayton location. The zip code is 63117.

Highlights

  • Rare Clayton multifamily investment or owner-occupancy opportunity.
  • Strong rental income potential with below-market rents.
  • Completely renovated in 2018, including in-unit laundry.
  • Excellent walkability to SSM St. Mary's Hospital, DeMun neighborhood, and local amenities.
  • Features 8 off-street parking spaces.

Property Details for 6609 Clayton Rd

Property type
Apartment buildings
Square Feet
4,864 SF
Class
A
Year Built/Renovated
1930/2018
Buildings
1
Stories
2
Units
4

Location Insight

City
Clayton
County
St. Louis
State
Missouri
Latitude
38.6346806
Longitude
-90.3146881
6609 Clayton Rd, Clayton, Missouri

FAQs

What type of property is this?
Apartment building - Prime Clayton location, 4-unit building, renovated.
Where is the apartment building located?
The property is located at 6609 Clayton Rd Clayton, MO.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Rare Clayton multifamily investment or owner-occupancy opportunity.; Strong rental income potential with below-market rents.; Completely renovated in 2018, including in-unit laundry.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6609 Clayton Rd
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