Listed price in listed location currency (USD).
$550,000

004

MLS® 26036804

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5282 sqft
Garage Yes
Taxes $3,178
Days Active 5
Lot Size 0.1286 Acres
Approx. Age 1928
Avg. Price Per Sqft $104
MLS® Number 26036804

Property Address: 4048 Giles Ave, Saint Louis, MO, 63116-4566

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

Description

Exceptional opportunity to acquire a well-maintained 8-unit multifamily asset in the South City submarket of St. Louis. The property consists entirely of eight true 1-bedroom, 1-bathroom units, providing a highly sought-after unit mix that appeals to a broad tenant base and promotes consistent occupancy. Significant capital improvements have recently been completed, creating a strong foundation for future ownership. Two units have undergone extensive renovations and feature central air conditioning, offering immediate rental upside and a proven blueprint for future value-add improvements throughout the remaining units. In May 2026, ownership installed eight brand-new furnaces, ensuring reliable heating systems across the entire property and minimizing near-term maintenance concerns. Additionally, the property's electrical services were upgraded in May 2026, providing enhanced infrastructure and peace of mind for investors. Further enhancing the income potential, the property features an attached four-car garage with dedicated parking spaces. New ownership has the opportunity to generate additional revenue through garage and parking rentals, creating an attractive supplemental income stream beyond apartment rents.
MLS® Number26036804
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1928
BasementConcrete
Driveway
Garage Spaces
HeatForced Air
A/CCeiling Fan(s), Central Air, Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
4048 Giles Ave, Saint Louis, MO

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