Listed price in listed location currency (USD).
$775,000

000

MLS® 26041459

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5800 sqft
Garage 
Taxes $4,103
Days Active 0
Lot Size 0.1338 Acres
Approx. Age 1963
Avg. Price Per Sqft $133
MLS® Number 26041459

Property Address: 4615 Virginia Ave, Saint Louis, MO, 63111-1517

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80, 880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.
MLS® Number26041459
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
Basement8 ft + Pour, Walk-Up Access
DrivewayAsphalt, Parking Pad
Garage Spaces
HeatForced Air, Natural Gas
A/CWall Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 7, 2026List Date
$775,000List Price
  • Commute

Commute

Starting Address
Destination Address
4615 Virginia Ave, Saint Louis, MO

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