6 unit in Shaw
Multifamily | 6 Units | $83,167/unit
Marketing description
Investor Alert! Welcome to this fully rented, gorgeous multifamily building just blocks from Tower Grove Park! Step inside to a clean and updated first and second floor common hallway. This sale is composed of only the west half of this building and has 6 efficient units that have high potential for rent increases and improvements. 3 units on the second floor, and 3 units on the first floor. Perfect for SLU students, Barnes Jewish/Cardinal Glennon employees or any of other prospects vying to live in Shaw at an affordable price. Several updates throughout the building and in a couple units (see supplements). Both floors have direct access to the fully, unfinished basement. There is no laundry and could be added for some easy extra income. Several tenants are going on their second year here. Whether you want to keep it for long-term cash flow, renovate and resale, or explore short term rentals, this property offers many exit strategies. Owner currently pays all utilities on the property with no RUBS (another easy way to make extra cashflow). Please do not disturb tenants.
Investment highlights
- Prime Shaw Location – Situated in one of St. Louis’ most desirable and walkable neighborhoods near Tower Grove Park and the Missouri Botanical Garden
- Strong Rental Demand – Consistent tenant demand driven by proximity to major amenities, employment hubs, and lifestyle attractions
- Value-Add Opportunity – Ideal for cosmetic updates, additional income streams, and rent increases to drive forced appreciation
- Multiple Exit Strategies – Suitable for fix & flip, long-term hold, or potential short-term rental (buyer to verify)
- Appreciating Submarket – Shaw continues to see steady price growth and reinvestment activity
- Comparable Sales Support Upside – Nearby renovated properties achieving strong resale values
- Desirable Layout & Bones – Solid structure with a functional floor plan that supports efficient rehab scope
- Low Inventory Area – Limited available properties in this neighborhood increases demand and resale velocity
- Convenient Access – Quick access to major highways, downtown St. Louis, and key employment centers
- High Tenant Appeal – Walkability, historic charm, and nearby attractions enhance leasing potential
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