Listing provided courtesy of Berkshire Hathaway HomeServices Select PropertiesMLS# 26029112MLS Provider
  • 49 days on site
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100% Occupied Soulard Multifamily with Rent Growth Potential and Recent Capital Improvements Rare opportunity to acquire a stabilized 5-unit multifamily property in the heart of Soulard. The property is currently 100% occupied with gross annual rental income of approximately $50,700 and a history of strong occupancy. Current tenants pay their own electric and gas, helping reduce owner operating expenses. Recent major HVAC capital improvements and a TPO roof that was recently sealed provide added confidence for future ownership. The property features attractive historic brick architecture, hardwood flooring, updated interiors, tenant storage, shared laundry facilities, and two basement areas offering additional functionality for ownership and residents. Investment upside remains through future rent growth and market-rate alignment as units turn over. Located within walking distance of Soulard's restaurants, entertainment, and employment centers, this is an excellent opportunity for investors seeking a stabilized asset with long-term appreciation potential. Rent roll, income and expense statements, and additional financial information available upon request.

Source: Missouri - MARIS MLS, MLS#: 26029112

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  • Property Type
    Residential Income
  • Lot
    0.21 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 712-14 Shenandoah Avenue


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
5/28/2026Source: Missouri - MARIS MLS Price Reduction
$549,900 -4.4%
5/21/2026Source: Missouri - MARIS MLS Price Reduction
$575,000 -3.4%
5/11/2026Source: Missouri - MARIS MLS Added to Database
May 11, 2026