7389 Maple Avenue
24-Unit Multifamily Opportunity | 24 Units in Walkable, In‑Demand St. Louis MSA Location | Maplewood
Marketing description
7389 Maple Avenue in Maplewood, MO presents a compelling, turn-key 24-Unit multifamily investment opportunity featuring a diverse unit mix of spacious studio and one-bedroom apartments that appeal to a broad renter base. The property has been thoughtfully updated to achieve rent premiums and is supported by strong historical occupancy, currently at 95.8%, providing immediate cash flow and operational stability. Located within a highly desirable area boasting exceptional 3-mile demographics—average household income of $134,501 and average home values of $413,704—the asset also benefits from placement in the top-ranked Maplewood-Richmond Heights School District (Top 13% nationwide, #13 in Missouri). As an infill property in one of St. Louis’ most sought-after inner-ring suburbs, residents enjoy proximity to established infrastructure, amenities, and a central location that continues to drive consistent tenant demand. With limited new supply in the immediate area and strong underlying fundamentals supporting long-term occupancy and rent growth, this offering is further enhanced by pricing well below replacement cost, making it an attractive opportunity for both yield and appreciation.
Investment highlights
- Diverse unit mix, offering spacious studio and 1-bedroom units, appealing to a broad renter base
- Turn-key investment opportunity featuring updated units and established rent premiums
- Property has strong historical occupancy - currently 95.8%
- Excellent 3-Mile Demographics: Average Household Income: $134,501; Average Home Value: $413,704
- Located in highly-ranked Maplewood-Richmond Heights School District (Top 13% Nationwide and #13 in Missouri by Niche)
- Maplewood remains one of the most desirable inner‑ring suburbs of St. Louis due to its central location, accessibility, and consistent tenant and buyer demand, supporting long‑term asset stability
- As an infill asset within a fully developed neighborhood, the property benefits from existing infrastructure, services, and amenities that are difficult to replicate through new development
- Limited new supply in the immediate area, combined with consistent population density and household demand, supports long‑term occupancy and rental resilience
- Priced well below replacement cost
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