St Louis, MO 63104,909-923 Geyer AVE
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St Louis, MO 63104,909-923 Geyer AVE
St Louis, MO 63104,909-923 Geyer AVE
St Louis, MO 63104,909-923 Geyer AVE
St Louis, MO 63104,909-923 Geyer AVE
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909-923 Geyer AVE St Louis, MO 63104

18,790 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 18,790 sqft

Price per Sqft $252

Subdivision Soulards Add 03

MLS Listing ID 25058424

Year Built 1885

Lot Size 0.451 Acres

Acres 0.451

Property Description

909-923 Geyer Ave. is a 28-unit value-add multifamily property situated in the historic Soulard neighborhood. The property offers an investor the rare opportunity to acquire a large apartment building in an extremely high-barrier-to-entry submarket with a proven operating performance and tremendous upside potential. The property enjoys a strong occupancy rate, offering an investor the opportunity to acquire a well-performing asset in a historic area of St. Louis.

Built in 1885 and extensively renovated in 2023, the Property features studio, 1, 2, and 3-bedroom floor plans, off-street parking, and on-site laundry facilities.

INVESTMENT HIGHLIGHTS
• Turnkey Property: Recent significant capital expenditures (capex) minimize immediate maintenance concerns and maximize potential returns.
• Extensive Renovations: Unit interiors, roofs, HVAC systems, brickwork (tuckpointing), landscaping, and outdoor amenities (dog park, outdoor lighting, decks) have all been recently upgraded.
• Unit Renovations: Include all-new flooring, updated kitchens & bathrooms, new light fixtures, fresh paint, and in-unit laundry (most units).
• High-Quality Improvements: Newly painted decks and window trim contribute to curb appeal and property value.
• Value-Add Potential: Opportunity to further increase rents and property value through strategic management and additional enhancements.

Location

State MO

County St. Louis

Area 2 - Central East

Interior

Heating Forced Air

Cooling Central Air

Flooring Luxury Vinyl, Plank

Fireplace N

Laundry In Basement, In Unit

Exterior

Parking Features false

Roof Type Flat

Private Pool false

Building

Water Public

Architectural Style Apartment Style, Historic

Structure Type Brick

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Listed by Matt Bukhshtaber • CBRE
agent

Kim Banovz

Broker | License ID: 475.209182

+1(618) 670-1910

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