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$2,000,000
26045194 MLS ⋅ ACTIVE Status
Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month. The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested in the property's mechanical systems over the years, resulting in a well-maintained asset with strong long-term ownership. Residents enjoy coin-operated laundry facilities conveniently located on-site, as well as an on-site management office with a restroom located in the lower level of one of the buildings. The parking lot and retaining walls are in excellent condition, reflecting the pride of ownership throughout the property. The community maintains a no-pets policy, has predominantly non-smoking residents, and offers a clean, professionally managed environment. Units include ranges and refrigerators; dishwashers are not installed, helping minimize maintenance and replacement costs. **No owner financing available.** **Do not disturb tenants.** Showings are by appointment only with the listing agent after proof of funds or lender pre-approval.

245 Chambers Rd, Riverview
$115,000
3 Beds ⋅ 1 Baths ⋅ 26047150 MLS ⋅ ACTIVE Status
GREAT HOUSE - GREAT PRICE! Why rent when you can own for less! This newly renovated 3 bedroom/1 bath property in Dellwood is move-in ready. Formerly a 2 bedroom now featuring 3 large bedrooms. Updated and open kitchen. (The stainless steel refrigerator will stay.) living area just off the kitchen on one side and access to the back yard and lower level on the other. Full unfinished basement. The fenced yard offers fun space for kids, pets and entertaining. Shopping, highways, parks, and public transportation are conveniently nearby. The home is only blocks away from two major thoroughfares offering restaurants, bars, and the popular Ferguson Farmer's Market.

38 Westdell Dr, St Louis
$24,500
3 Beds ⋅ 2 Baths ⋅ 26027023 MLS ⋅ ACTIVE Status
This three-bedroom, one-and-a-half-bathroom home presents solid potential. The standout feature is the spacious backyard, offering extensive outdoor space that provides flexibility for various uses and future possibilities. The property's location delivers easy access to Interstate 270, creating valuable connectivity for daily commuting and regional travel. This transportation advantage enhances both current convenience and long-term resale prospects. The generous outdoor living space serves as a significant asset, providing room for entertaining, recreation, or potential expansion projects. For buyers seeking renovation opportunities, this home combines fundamental structural integrity with the chance to customize and improve according to personal vision. Schedule a viewing to see this classic layout and envision the possibilities within its sturdy framework and established location. This is a Fannie Mae HomePath property.

10165 Count Dr, St Louis