3935 S Grand, St Louis, MO
$ 350,000
Property Attributes
  • MLS#23014709
  • TypeMulti-Family
  • CitySt Louis
  • Zip63118
  • Style
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23900
  • Lot Size5,706 SqFt
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

Opportunity to purchase a value add property located just a short walk to all of the shops and restaurants on S. Grand. There are a number of renovation projects happening in the area and rents have steadily raised over time. Built in 1926 with seven 2-bed apartments, seven 1-bed apartments, 3 studios, and two commercial spaces. The commercial spaces are approximately 1,920 sq ft and 1,480 sq ft and would generate approximately $12 per sq ft gross. The Building has been gutted and is ready for rehab and permits have previously been approved for construction. Projected market rents after renovation are $1,200 for the 2 beds, $900 for the 1 beds, $695 for the studios, and the commercial spaces have rent projections of $1,920 and $1,480, respectively. Priced at $16ft. The building has a garage on the first floor for the tenants. There are building plans available to review at Property needs a full renovation and is being sold as-is.

Price History
3/20/2023 Listed $399,000


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 63118

AVG $260K