3862 S Spring AVE, St Louis, MO 63116
3862 S Spring AVE, St Louis, MO 63116
3862 S Spring AVE, St Louis, MO 63116
3862 S Spring AVE, St Louis, MO 63116
3862 S Spring AVE, St Louis, MO 63116
3862 S Spring AVE, St Louis, MO 63116
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$ 1,195,000
Est. payment | /mo

15,312 SqFt


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$ 1,195,000
Est. payment | /mo
Save

15,312 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 15,312 sqft

Price per Sqft $78

Subdivision Grand Gravois Park Add

MLS Listing ID 26006455

Style Apartment Style

Year Built 1931

Annual Tax Amount $9,681

Lot Size 0.499 Acres

Acres 0.499

Property Sub-Type 5 Family or More

Property Description

Salient Realty Group is pleased to present 3862 S Spring Avenue, an 18-unit apartment complex located in South City. The property consists of twelve, 1 bed/1 bath and six, 2 bed/1 bath units. The property also has 12 garages and a large side lot that is included in the sale. It is positioned near major local employers and the Grand Boulevard corridor. The heavy-duty masonry construction and traditional St. Louis architecture provide a durable foundation for predictable maintenance. This neighborhood is known for its historic architecture and steady demand for rental housing. This asset represents a straightforward opportunity to enter or expand within the South City market.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Concrete

Interior

Heating Baseboard

Cooling Window Unit(s)

Flooring Vinyl, Wood

Fireplace N

Appliance Electric Cooktop, Built-In Electric Oven, Refrigerator

Laundry In Basement, Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features true

Garage Spaces 12.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Membrane

Private Pool false

Building

Lot Description City Lot

Water Public

Level or Stories Three Or More

Structure Type Brick

Schools

Elementary Schools Froebel Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Garen Lafser • Salient Realty Group, LLC
Brandon White

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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3862 S Spring AVE