4260-62 Michigan Avenue — Sale in St. Louis, MO

  • Price: $325K
  • Listing type: For sale
  • Asset type: Business
  • Location: St. Louis, MO 63111

Description

Fully Leased 6-Unit Multifamily Asset in Stabilized South St. Louis Location CBRE, as exclusive marketing advisor, is pleased to present 4260–62 Michigan Avenue, a fully leased six‑unit brick apartment building located in South St. Louis. Situated along a quiet residential corridor, the property offers investors a stabilized asset in an established neighborhood supported by strong rental demand and historically low tenant turnover. The building also carries a secondary address of 3119 Chariton Street. The property consists of six one‑bedroom, one‑bathroom units, which feature efficient floor plans, hardwood flooring, and an abundance of natural light. Significant capital improvements include new TPO roofing installed in 2022 with a 20‑year warranty, positioning the asset for minimal near‑term maintenance and capital expenditures.

Market Context

This commercial property in St. Louis, MO is listed for sale at $325,000. It has been on the market for 13 days. Compare it against other commercial property listings for sale in St. Louis, MO — view the full market.

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