2500 18Th StSt. Louis, MO 63104

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22-Unit Multifamily, Stabilized Income

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 34,288-square-foot multifamily property, a Class B apartment building, presents a compelling investment opportunity in the desirable Soulard neighborhood of St. Louis, Missouri. Built in 1886, this boutique building boasts 22 units, offering a mix of one, two, and three-bedroom apartments. Each unit features spacious floor plans, hardwood floors, and in-unit washer/dryer hookups. Modernized systems include central HVAC throughout the building. Tenant amenities include a fitness center and a swimming pool. Currently operating at 100% occupancy, this stabilized investment offers the potential for future rent increases. The property also benefits from an annual Tax Increment Financing (TIF) income of approximately $31,160 through 2026. Located at 2500 S 18th St, St. Louis, MO 63104, this property combines historic charm with a prime location in a vibrant urban setting. The building's strong performance and potential for growth make it an attractive addition to any investment portfolio.

Highlights

  • Exceptional investment opportunity in St. Louis' desirable Soulard neighborhood.
  • 22-unit Class B multifamily building with a mix of one-, two-, and three-bedroom apartments.
  • Currently 100% occupied, offering potential for rent growth.
  • Annual TIF income of approximately $31,160 through 2026.

Property Details for 2500 18Th St

Property type
Apartment buildings
Square Feet
34,288 SF
Class
B
Units
22

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.6033823
Longitude
-90.2137114
2500 18Th St, St. Louis, Missouri

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FAQs

What type of property is this?
Apartment building - 22-Unit Multifamily, Stabilized Income
Where is the apartment building located?
The property is located at 2500 18Th St St. Louis, MO.
What are key features of this property?
This property features: Exceptional investment opportunity in St. Louis' desirable Soulard neighborhood.; 22-unit Class B multifamily building with a mix of one-, two-, and three-bedroom apartments.; Currently 100% occupied, offering potential for rent growth.
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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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Garen Lafser
Garen Lafser
Timothy McCarthy
Timothy McCarthy
James Anderson
James Anderson
Visit Broker Website

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18Th St
St. Louis, MO 63104

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18Th St
St. Louis, MO 63104

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2500 18Th St
  • Garen Lafser
    Garen Lafser
  • Timothy McCarthy
    Timothy McCarthy
  • James Anderson
    James Anderson
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