C B 5017 Arsenal Real Estate

C B 5017 Arsenal Real Estate

Welcome to C B 5017 Arsenal, a hidden gem nestled in the vibrant heart of St. Louis, Missouri! This charming neighborhood is not just a place to live; it’s a community that thrives on its rich history and lively atmosphere. With its tree-lined streets and welcoming vibe, C B 5017 Arsenal offers a perfect blend of urban convenience and suburban tranquility.

One of the standout features of this area is its proximity to an array of amenities. Residents enjoy easy access to local parks, boutique shops, and eclectic dining options, making it an ideal spot for families, young professionals, and retirees alike. The nearby Tower Grove Park is a beloved destination, offering lush green spaces, walking trails, and seasonal farmers' markets that bring the community together.

C B 5017 Arsenal is also known for its diverse architectural styles, showcasing a mix of historic homes and modern builds that add to the neighborhood's unique character. The sense of community is palpable, with friendly neighbors who often gather for local events and festivals, fostering a warm and inviting atmosphere.

For those commuting to downtown St. Louis, the location is unbeatable, with convenient access to public transportation and major highways. The area is served by excellent schools and recreational facilities, making it a great choice for families looking to settle down.

In C B 5017 Arsenal, you’ll find more than just a home; you’ll discover a lifestyle enriched by community spirit and local charm. Come explore what makes this neighborhood a wonderful place to call home!

Newest Listings in C B 5017 Arsenal

$450,000
26026004 MLS ⋅ ACTIVE UNDER CONTRACT Status
This 1912-built four-unit multifamily building at 4504 Arsenal Street presents an exceptional value-add opportunity directly across from Tower Grove Park. The 5,162-square-foot property features one three-bedroom/one-bath unit and three two-bedroom/one-bath units, with three of the four units currently vacant, allowing immediate renovation commencement. Recent ownership improvements include a brand new roof and gutters, interior ceiling repairs, rebuilt deck, exterior cleanup and landscaping, freshened common areas, and complete cleanout, establishing a solid foundation for the next phase of improvements. Positioned along the northern edge of Tower Grove South, the property enjoys direct access to the 289-acre National Historic Landmark Tower Grove Park with its weekly farmers' market, free St. Louis Symphony concerts, and seven miles of trails. The location provides outstanding connectivity to major employment centers, with BJC HealthCare and Washington University Medical Center three miles north, Saint Louis University two miles northeast, and the Cortex Innovation District 2.5 miles north. The forthcoming $18 million Tower Grove Connector will further enhance commuter accessibility upon its 2026 completion. We believe this represents a compelling investment based on the extraordinary location where Tower Grove Park-facing buildings rarely become available. With estimated market rents of $1,550 per month and the potential for the true three-bedroom unit to achieve $1,750 or higher depending on finishes, the renovated property could reach an approximate $800,000 stabilized value. A comparable four-unit building recently sold for $775,000 despite being smaller and less updated. Missouri State and Federal Historic tax credits may provide additional return enhancement for this 1912-vintage building in one of St. Louis' most vibrant historic neighborhoods.

4504 Arsenal St, St Louis
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