Ogles Apartments

Welcome to the Ogles Apartments at 901 S 74th St, Belleville, IL, a fantastic investment opportunity in the growing Metro East area.​ This 16-unit, two-story apartment building offers a blend of stability and potential, making it an ideal choice for investors looking to expand their portfolio.​

Originally built in 1984 and recently renovated in 2025, the property has been well maintained and boasts a 94% occupancy rate, ensuring consistent rental income.​ With 20,972 square feet of rentable space on a 0.45-acre lot, this low-rise apartment complex provides both space and convenience.​

Located just minutes from major shopping centers, dining, and public transportation—including the MetroLink, which offers easy access to St.​ Louis—this property is in a high-demand rental market.​ Tenants appreciate the convenient location, while investors will enjoy the strong cash flow potential and the opportunity to add value through rent optimization and property enhancements.​

With an attractive price of $56,000 per unit, this is a turnkey investment that offers immediate income and long-term growth potential.​ Don't miss the chance to own a well-positioned multifamily property in a thriving community.​

✔ Stable Occupancy – 94% occupied, ensuring steady rental income.
✔ Affordable Price Per Unit – $56,000 per unit, offering an attractive entry point for investors.
✔ Recent Renovations – Built in 1984 and updated in 2025, reducing immediate capital expenditure needs.
✔ High Demand Location – Close proximity to MetroLink, shopping, and major employers.
✔ Strong Cash Flow Potential – Competitive rental rates with room for value-add strategies.
✔ Proximity to St. Louis – Easy access to downtown St. Louis makes it a prime rental location.
✔ Turnkey Investment – Operational multifamily asset with growth potential.