$895,000
Discover this prime investment opportunity in St. Louis's vibrant Grove neighborhood (Forest Park Southeast): a 2-building multi-family portfolio. Spanning 0.25 acres on a hard corner at Vandeventer and Sarah St, the site features a partially occupied 2,400 SF 2-family building on 0.11 acres (currently generating rental income, with units like a renovated 1-bed/1-bath listed at $1,195/month) and an adjacent long-vacant 3,308 SF 4-family building on 0.15 acres ready for full rehab—totaling 5,708 SF and 6 units with strong upside potential for value-add investors. Positioned at the planned signalized crossing for the Tower Grove Connector, a 1.8-mile protected cycle track (under construction, with Phase 1 along Vandeventer and Tower Grove Ave connecting to Tower Grove Park, and Phase 2 linking to the Brickline Greenway at Cortex MetroLink by summer/fall 2026), this location promises enhanced accessibility, foot and bike traffic, and connectivity to key destinations like the Cortex innovation district, Forest Park, and Missouri Botanical Garden. Surrounded by popular spots such as Urban Chestnut Grove, Rockwell Beer Co., Grace Meat + Three, Beast BBQ, Seoul Taco, and Serendipity Ice Cream, the property benefits from The Grove's bustling entertainment district, high visibility, and ongoing revitalization—ideal for residential redevelopment or mixed-use potential in an Opportunity Zone. This is a portion of a larger portfolio, all located off of Vandeventer. Call or text for additional information.
26006708
MLS
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ACTIVE
Status
1057 S Vandeventer Ave, St Louis