Listing provided courtesy of Worth Clark RealtyMLS# 26009836MLS Provider
  • 128 days on site
  • 1 views

Well-positioned 6-family opportunity in a strong rental corridor with great exposure on Cherokee. This 7,000+ sqft property consists of six units each with consistent true 2 bed, 1 bath floorplans (no walkthrough bedrooms) supporting stable, long-term leasing. Each unit offers front and rear access, with covered porches overlooking a fenced in backyard. Modern amenities include double pane windows, forced air heat and central AC throughout along with a NEW ROOF in '26, two off-street parking spaces, and three separate basements providing laundry capability and options for tenant storage. Projected rental performance is above the 1% rule, presenting compelling fundamentals on cash flow and long-term hold strategy. Located just off Cherokee Street in South St. Louis, the property benefits from proximity to one of the city’s most active and culturally vibrant corridors, known for its retail, dining, and arts district. Whether you’re an owner-occupant or seasoned investor, this income-oriented asset offers scale, simplicity, and durable upside for the disciplined investor.

Source: Missouri - MARIS MLS, MLS#: 26009836

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  • Property Type
    Residential Income
  • Lot
    0.18 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 2902-2906 Cherokee Street #2902-2906


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/21/2026Source: Missouri - MARIS MLS Added to Database
February 21, 2026